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Sydney Kawadza Calls for expansion of the Debt Service Suspension Initiative continue to grow louder with several heads of state and government, the United Nations and heads of multilateral development finance institutions adding their voice to the plea. This follows a...
Reason Razao The tourism sector in Zimbabwe plunged by 90 percent in 2020 due to the COVID-19 pandemic which led to travel restrictions and national lockdowns. Zimbabwe benefits significantly from tourism which in 2019 generated a total of US$1.25 billion with...
Davison Kaiyo HARARE – Zimbabwe has launched its first ever Information Communication Technology (ICT) Device Factory, which will see the country manufacture and assemble laptops, desktop computers ICT devices with 150 000 units expected to be produced annually for both...
Sydney Kawadza The COVID-19 pandemic has left more than 30 million Africans unemployed with most government being forced to allocate more than 10 percent of their GDPs to fight the effects of climate change. In a communique released after the end...
Staff Writer The Economic Commission for Africa is making significant progress in supporting African countries to leverage the African Continental Free Trade Area (AfCTA) to drive digital trade on the continent. Addressing the ongoing 39th ECA Committee of Experts of the...
Staff Writer African countries continue to trade more with the outside world than among themselves, findings of an Economic Commission for Africa (ECA) assessment report on progress made on regional integration in the context of the COVID-19 pandemic have revealed. The...
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...
David Whitehouse Zimbabwe’s inflation slowdown in February may reflect the impact of COVID-19 restrictions imposed in January rather than a genuine downward trend. But prospects of a good harvest and improving confidence from business leaders points to relief down the road. The...
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,...
ARABIAN BUSINESS - Marc Holtzman, chairman of one of the largest financial institutions in Zimbabwe, CBZ Holdings Limited, discusses how Africa could offer trade and investment opportunities for Middle Eastern businesses Rwanda and Zimbabwe are ripe for Middle Eastern investment...

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