HARARE - Afreximbank and Mutapa Investment Fund (MIF) have launched a US$50 million Joint Project Preparation Facility (JPPF) to support project development in Zimbabwe's key economic sectors.
This initiative aims to mobilise project preparatory funding, creating a robust pipeline of...
Munyaradzi Doma
The Government has approved a cash transfer programme which will benefit all those affected by the 21-day national lockdown, which was ordered by President Emmerson Mnangagwa to contain the spread of the deadly Covid-19.
The cash transfer programme which...
HARARE (FinX) – The Reserve Bank of Zimbabwe lowered its key policy rate for the second time since the Covid-19 outbreak and the third time since the set-up of the Monetary Policy Committee, to provide monetary stimulus as the...
HARARE – In order to meet the foreign currency needs of small-scale enterprises and individuals which will ensure that trades move away from the parallel market, the Reserve Bank of Zimbabwe will, effective tomorrow, start selling foreign currency to...
RW Johnson
The increasing threat posed by Ansar al Sunnah jihadists in Mozambique’s northernmost province of Cabo Delgado finally caused major international concern after the ISIS-linked insurgents attacked the town of Palms on March 24.
The Americans, the Portuguese and others...
HARARE – Ecocash, a subsidiary of ZSE-listed Cassava Smartech, is engaging in shadow banking and is a Ponzi scheme that is creating fictitious money and balances in the system, FinX can report.
According to the Reserve Bank of Zimbabwe, Ecocash has...
Talkmore Gandiwa
HARARE - Zimbabwe has signed a double taxation agreement with Switzerland to eliminate double taxation and prevent tax evasion in a development expected to enhance economic cooperation and attract cross-border investments between the two nations.
According to Zimra the country...
By Nicole Chiimba
The Procurement Regulatory Authority of Zimbabwe (PRAZ) aims to adopt artificial intelligence in procurement systems by leveraging digital technologies, following persistent corruption challenges that have affected the authority’s operations.
Addressing journalists in Harare, APPN President and PRAZ Chief...
HARARE - The quickest way to promote ZWL is for the government to start accepting ZWL for stat obligations. Mining companies need not be burdened by paying taxes, electricity in forex when 40% is surrendered to the RBZ.
Tambarara in...
Government’s relationship with the stock exchange has been shaky from the 1980-independence start. It was, after all, unknown to this group of comrades. In the early days was left untouched even when there was heightened talk of nationalizing foreign...
