Staff Writer
HARARE - The Reserve Bank of Zimbabwe (RBZ) has deferred by up to a week the opening of the first foreign exchange auction for 2022 to the 18th of January citing COVID-19 impact on submission of essential information to...
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...
Almot Maqolo
HARARE – Grain Millers Association of Zimbabwe (GMAZ) had a torrid time in parliament as it failed to provide concrete evidence on how the US$27 million facility meant for importing wheat and refurbishing Grain Marketing Board (GMB) silos...
Farai Mabeza
PAN-AFRICAN housing finance institution, Shelter Afrique, approved a total of US$20m for Zimbabwean housing finance providers during the year, managing director Andrew Chimphondah has said.
Chimpondah told the media at the opening of Shelter Afrique’s Centre of Excellence Masterclass...
The global economy is anticipated to grow four percent this year, providing COVID-19 vaccines are widely launched, according to The World Bank’s January 2021 Global Economic Prospects.
“While the global economy appears to have entered a subdued recovery, policymakers face...
HARARE – The stock market rally surged at the start of a holiday shortened week buoyed by strong performances in select heavyweight counters. Turnover also continued in high territory as investors sought value preservation in the wake of renewed...
HARARE, November 2, 2021—The World Bank has said that it will continue to provide technical and financial assistance to respond to the challenges facing the economy while contributing to economic growth and poverty reduction, with emphasis on post-COVID recovery.
New...
The government has moved to clamp land barons this came out at the 35th post cabinet briefing presented by acting Minister of Information Dr Jenfan Muswere, who is the Minister of Information Communication Technology (ICT), Postal and Courier Services...
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...
The Zimbabwe Revenue Authority (ZIMRA) has appointed Regina Chinamasa as the Acting Commissioner General of the Authority with effect from 1 February 2022.
In a statement, ZIMRA Board Chairperson, Josephine Matambo said Commissioner Chinamasa will take over from Rameck Masaire...
