Farai Mabeza
The Reserve Bank of Zimbabwe has ordered Steward Bank to limits payments into the Ecocash Mobile Money Trust accounts from third parties to a maximum of Z$100 000 per month.
This is in line with the Central Bank’s latest...
HARARE – Latest data from Zimstat shows that the average Zimbabwean lived on US96 cents a day or ZWL$14.60 in September up 18.18% from ZWL$12.78 or US$1.174 in August. The movement is in line with the September monthly inflation...
Editor
HARARE – South African billionaire Zunaid Moti has rebutted claims his relationship with Zimbabwean President Emmerson Mnangagwa turned sour after he allegedly asked Botswana opposition leader Duma Boko to facilitate a meeting with the Zimbabwean opposition leader Nelson Chamisa...
Farai Mabeza
Government has dangled a carrot to potential investors in the renewable energy sector by giving tax breaks as well as awarding national project status for such ventures.
This is contained in the new energy policy that was launched by...
Staff Writer
HARARE – At least two Reserve Bank of Zimbabwe directors could be on their way out following the expiry of their contracts amid indication authorities were now looking at renewing the staff complement at the bank, particularly at...
A group of African banks has signed a US$194mn senior debt facility to rehabilitate the Beitbridge border post, a crossing that connects Zimbabwe and South Africa.
Rand Merchant Bank (RMB) acted as co-ordinating bank and sponsors’ advisor and, along with...
Milk production Figures Jan-July 2023
Talkmore Gandiwa
HARARE - The Southern African Development Community (SADC) is facing significant challenges in securing long-term financing to drive economic development.
Finance, Economic Development and Investment Promotion Minister Mthuli Ncube said despite ongoing efforts to foster economic growth and integration,...
Staff Writer
The Zimbabwe River Authority has reviewed upwards the amount of water allocated for power generation for both Zimbabwe and Zambia.
In a statement, ZRA chief executive Munyaradzi Munodawafa said water allocation for power generation at Kariba would be increased...
HARARE - Domestic electricity tariffs on pre-paid systems have increased by 30% under a stepped structure.
According to the Zimbabwe Electricity Transmission & Distribution Company, the lowest consumption band (0 to 50kwh) will be priced at $2.25/kwh while the most...
