HARARE – (FinX) Zimbabwe narrowed its trade deficit in the year to October to US$296.42 million from US$743 million in September after improved exports in October boosted by tobacco and nickel values. The country however still needs to do...
The publication by Maverick Citizen of the Report on Cartel Power Dynamics in Zimbabwe has raised some important questions about the presence and impact of cartels in Zimbabwe in particular and Southern Africa in general.
The report finds that there...
Staff Writer
The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in Angola and allow for the distribution of...
Ryan Chigoche
HARARE – The Zimbabwe Investment and Development Agency says it has seen an increase in investor interest with the current applications in the eight months to August standing at nearly 800 licences.
The agency said its new licence capturing...
Farai Mabeza
THE African Forum and Network on Debt and Development says policies of some development finance institutions are worsening social and economic inequalities in recipient countries through project contingent liabilities.
In a statement released to mark the Global Week of...
Tawanda Marwizi
Farmers who deliver their maize and other traditional grains will now enjoy the 30 percent incentive after the Grain Marketing Board directed all its depots to start paying the money.
Cabinet recently approved the 30 percent incentive on the...
Staff Writer
The Zimbabwe Electricity Transmission and Distribution Company has reduced domestic tariff structure by up to 36 percent with the introduction an additional band.
Previously, there was a three-price band for ZEDTC supplied electricity to domestic metered customers. ivermectin in...
Farai Mabeza
Zimbabwe has received a US$1.8 million drought insurance pay out from African Risk Capacity Insurance Company Limited, a financial affiliate of the African Risk Capacity (ARC).
ARC is a specialized agency of the African Union and an initiative designed...
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...
Farai Mabeza
HARARE - "Our mining engineers are well sought after all over the world", says Chamber of Mines chief executive Isaac Kwesu.
For any economy, this would be good news. But in Zimbabwe this has turned out to be a...
