Farai Mabeza
Government has announced a price moratorium on basic goods after prices skyrocketed following the start of the COVID-19 lockdown at the beginning of April.
The moratorium was announced by Vice President Kembo Mohadi who blamed the increases on speculative...
HARARE— A partnership announced today between IFC and the Government of Zimbabwe will support recovery and jobs in Zimbabwe’s tourism sector by helping increase air access to Victoria Falls, one of Africa’s premier tourist destinations.
IFC—a member of the World...
HARARE - Zimbabwe’s premier property investment forum, ZIMREAL, is taking place in Harare on September 7, 2022 at the Venue, Avondale, Harare. The annual conference will bring together over 150 local and international stakeholders, including local government, property developers,...
Farai Mabeza
Government and Pan-African housing finance institution Shelter Afrique are in the process of designing an agreement to build 3 000 low cost housing units in Zimbabwe, a Cabinet Minister has said.
National Housing and Social Amenities Minister, Daniel Garwe...
NJ Ayuk
Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract by French supermajor Total, drilled a wildcat well in the deepest water ever – 3,628 meters (11,903 feet) in Block 48, a massive area with potentially huge oil reserves in...
Sydney Kawadza
The African Development Bank has predicted that prices of goods in Zimbabwe would stabilize due to the weekly Foreign Currency Auction System introduced in June.
The Bank, in its African Economic Outlook 2021, also predicted a modest economic recovery...
The International Energy Forum today announced that Zimbabwe has joined as a full member of the organisation, bringing the total number of member countries to 73.
The IEF’s mission is to promote energy security through dialogue between producers and consumers....
Sharon Chikwanha
LOCAL importers of second-hand light vehicles that are 10 years old or more have been given one more month to clear their cars following the gazetting of Statutory Instrument 89 of 2021.
The Ministry of Industry and Commerce, in...
HARARE – (FinX) Finance and Economic Development Minister Mthuli Ncube has unveiled a $63.6 billion expenditure budget but with revenue of$ 58.6 billion, a deficit of around 1.5% of GDP is expected. In US dollars, the expenditure is at...
HARARE - Zimbabwe is seeking investors to raise more than US$200 million to finance the launch of a telecommunications satellite to strengthen the country’s digital infrastructure and improve connectivity.
The satellite, part of a broader push to enhance digital infrastructure, follows...
