Itai Ndongwe
The Zimbabwean Government has made moves to go paperless following the donation of 160 laptops by the Postal Telecommunications Regulatory Authority of Zimbabwe, which will improve inspections and dispute resolutions among other functions
The donation was made to the...
The European Union has maintained an arms embargo and targeted asset freeze on the Zimbabwe Defence Industries while lifting restrictive measures on three individuals: Grace Mugabe, vice president Constantino Chiwenga and army commander Valerio Sibanda. مسلسل تحقيق امريكي
In...
HARARE - The Reserve Bank of Zimbabwe has maintained its key bank policy rate at 130% as it continues to stay the course of tight monetary policy.
The Medium-term Bank Accommodation Policy was also maintained at 75% and will be...
Staff Writer
Zambia has become the latest country to submit instruments of its ratification of the African Continental Free Trade Area (AfCFTA) agreement to the African Union Commission.
African Union Commission chairperson Moussa Faki Mahamat announced the development that means only...
Tapiwanashe Mangwiro
HARARE – Government’s expenditure for 11 months ending November 2019 exceeded actual budget of Z$15.1 billion by 21% against Treasury’s Transitional Stabilization Programme objectives.
Expenditure shot to Z$18.3 billion although the government’s economic blueprint sought to reduce spending to...
HARARE - The Reserve Bank of Zimbabwe (RBZ) says the price of bread is set to come down after reaching an agreement with the National Bakers Association of Zimbabwe, which will see its members get priority on auction allocations.
This...
By Vitor Gaspar, Michael Keen, Alexander Klemm, and Paolo Mauro
The economic costs of the pandemic have fallen most heavily on those least able to bear them. Governments have taken steps to support people and firms through wage subsidies, unemployment...
Cynthia Chitombi
Zimbabwe has reduced its fuel import bill by about 20 percent through the blending of unleaded petrol with ethanol, a senior government official has said.
Zimbabwe Energy Regulatory Authority consumer services manager Nobert Matarutse revealed this during a discussion...
Farai Mabeza
The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has directed all banks to temporarily review all ZIPIT transaction limits downwards to $20 000 per day and $100 000 per month to curb illicit foreign currency trading. This comes...
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...
