HARARE - The country's maize production is estimated to have risen 17% in the 2019/20 season, but the biggest concern remains the poor yields, which averaged 0.57 tonnes per hectare. According to the Second Round Crop and Livestock Assessment...
HARARE - Zimbabwe intends to build a second fuel pipeline in partnership with three other Southern African countries in a US$1, 5 billion arrangement, which will be funded by the Russian Government.
The deal puts a lid on the much talked about...
HARARE - Old Mutual Life Assurance Company Zimbabwe (OMLAC) is set to finance and undertake a feasibility study financing agreement in respect of the development of bulk infrastructure in the Masuwe Area of the Victoria Falls Special Economic Zone.
The...
HARARE - The Reserve Bank of Zimbabwe kept its key policy rate unchanged to sustain the current inflation trajectory and support the forecast robust economic growth for 2021.
The bank policy rate was maintained at 40% and the interest rate...
Xolisani Ncube
HARARE - Former National Social Security Authority (NSSA) chairperson Robin Vela has described the recent High Court ruling, which nullified the forensic audit report at the pension fund, as a victory for those against abuse of power, political...
Tapiwanashe Mangwiro
HARARE – Foreign Direct Investment (FDI) to Sub-Saharan Africa fell by 11% to US$28 billion in 2020 due to the Covid-19 pandemic, according to the United Nations Conference on Trade and Development (UNCTAD). This comes after the region’s...
Reason Razao
The tourism sector in Zimbabwe plunged by 90 percent in 2020 due to the COVID-19 pandemic which led to travel restrictions and national lockdowns.
Zimbabwe benefits significantly from tourism which in 2019 generated a total of US$1.25 billion with...
Tapiwanashe Mangwiro
HARARE - In the just started 2021/30-decade, fossil fuels (coal, oil, gas) will continue to lose global market share as the world energy supply and demand transition to low carbon renewable energy (wind, solar, geothermal, nuclear etc).
Global energy...
HARARE - (FinX) As part of efforts to eliminate the black market for foreign currency and contain inflation in the process, Government will soon require those who import goods to officially declare sources of foreign currency.
Zimbabwe has a predominantly...
Sydney Kawadza
Small-scale traders should be at the heart of initiatives looking at resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, experts have said.
