Philis Chivheya
President Emmerson Mnangagwa special envoy to the Americas and Europe Uebert Angel has been thrown under the bus and could have his diplomatic appointment withdrawn for name dropping and associating himself with shady dealers.
Angel who is Mnangagwa’s Ambassador...
Farai Mabeza
The Zimbabwe Revenue Authority is conducting tax audits focusing on payment in foreign currency warning that any detected non-compliance would be sanctioned according to the country’s laws.
ZIMRA commissioner general, Faith Mazani, told a business dinner in Nyanga Thursday...
Sydney Kawadza
The COVID-19 pandemic has left more than 30 million Africans unemployed with most government being forced to allocate more than 10 percent of their GDPs to fight the effects of climate change.
In a communique released after the end...
Government has availed USD400 000 to the Deposit Protection Corporation
{DPC} through Kuvimba Mining House for the compensation of small depositors for the loss of value incurred following the movement of the exchange rate from USD1: RTGS1.
Finance and Economic Development...
Staff Writer
The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in Angola and allow for the distribution of...
HARARE – Fuel prices have increased by between 3-4% mainly affected by two main factors – international petroleum costs and the movement on the Zimbabwe dollar/US dollar exchange rate.
According to the new schedule from the Zimbabwe Energy Regulatory Authority,...
BULAWAYO – The Minister of Finance and Economic Development, Professor Mthuli Ncube, says close to $300 million has been disbursed to entrepreneurs under the National Venture Capital Fund (NVCF).
The disbursements mark the operationalisation of the fund, which is responsible...
Felix Njini and Antony Sguazzin
Zimbabwe’s government is pressing ahead with a plan to combine its mining assets under a massive private-public enterprise, even as evidence mounts that the project could be linked to a tycoon sanctioned by the U.S....
The Reserve Bank of Zimbabwe says 21 more companies are facing penalties after they were found to be abusing the foreign currency auction system.
This brings the total number of companies outed by the RBZ to 39. Of the 39,...
HARARE – The latest foreign currency auction managed to see the highest allotment ever and increased bids particularly from the SMEs auction. The Zimbabwe dollar depreciated 0.203% to 85.2455 from last week's 85.0724 while the parallel market selling rates...
