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...
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...
Sydney Kawadza
The African Development Bank has allocated a €1.2 million grant to provide training to help resource-rich countries improve their mining revenues.
Among the first beneficiaries of the grant are Zimbabwe, Guinea, Liberia, Niger, Mali, Madagascar, South Sudan and Sierra...
HARARE - The Reserve Bank of Zimbabwe (RBZ) says its goal is to accumulate 5 tonnes of gold reserves by the end of the year as these reserves are crucial for the stability of the nation's new currency, the...
Ryan Chigoche
HARARE - Despite being instructed by the International Monetary Fund (IMF) to implement a US dollar (USD) budget in order to control inflation, the government has said that the 2024 budget, which will be released on November 30th,...
Farai Mabeza
Productive sector support under the $18.02 billion COVID-19 Economic Recovery and Stimulus Package will be financed by banks through normal banking channels and covered by government guarantees, it has been announced.
In a statement, the Ministry of Finance and...
Staff Writer
HARARE – British American Tobacco Zimbabwe (BATZ) has appointed South African Kimesh Naidoo as its new managing director.
Naidoo takes over from Clara Mlambo who stepped down this year to join a regional telecoms company. طاولات العاب
Well-placed sources...
Reason Razao
The Reserve Bank of Zimbabwe has assured the public that the introduction of ZW$50 bank note will not trigger inflation but rather augment the current stock of bills in circulation.
Governor John Mangudya in his Monetary Policy Statement presented...
HARARE – Fuel prices have increased by between 3-4% mainly affected by two main factors – international petroleum costs and the movement on the Zimbabwe dollar/US dollar exchange rate.
According to the new schedule from the Zimbabwe Energy Regulatory Authority,...
Farai Mabeza
Micro, Small and Medium Enterprises in Zimbabwe are facing a long road to recovery during the post-COVID-19 lockdown, according to a survey by an independent policy research group, SIVIO Institute, which shows that the biggest impact of the...
