FinX
HARARE - (FinX) Zimbabwe’s economy will register a negative growth 2.5% in 2020 from a negative 5.5% growth in 2019 owing to foreign currency shortages, elevated public debt and uncontrolled inflation, a recent report shows. It is, however, poised...
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 – (FinX) Gold deliveries in 2019 fell shy of 30 tonnes and were 17% lower than last year. Statistics availed from Fidelity Printers and Refinery show that earnings for the year were at US$1.3 billion from $1.5 billion...
Almot Maqolo
The African Development Bank Group (AfDB) has extended to Zimbabwe a US$10.4m grant to support the much-needed digitisation of the tax administration system, strengthening the role of parliament and enhancing the capacity of the Office of the Auditor...
By Farai Mabeza
ZIMBABWE has been listed among the world’s top 24 tourism destinations by one of the biggest global media houses, Bloomberg.
In a list titled “Where to Go in 2020”, Bloomberg described Zimbabwe as one of the 24 destinations that...
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...
Samuel Mapuranga
Various economists believed that independent Zimbabwe was an economic success on route to attaining status of the most “developed country” in Africa. Before 2000, Zimbabwe had a market economy with a fairly solid industrial structure. The macroeconomic situation...
FinX
HARARE – One of the essential requirements for a fast-growing modern economy is an adequate supply of electricity, and a supply that is expanding as fast as the economy is growing. This needs careful planning considering the long lead...
Sydney Kawadza
Exports from Harare to Dubai went up significantly, with more than 2 000 tonnes of cargo having been moved between the two cities in the past year through the Emirates Airlines’ SkyCargo.
According to the airline, latest figures show...
HARARE - (Finx) - Packaging manufacturer, Nampak Zimbabwe says settlement of electricity bills in foreign currency is milking the industry as it does not match the exporting levels.
Last month, Zimbabwe officially gazetted a directive which requires exporting companies to...
