Banks to start paying interest on deposits
HARARE - The Reserve Bank of Zimbabwe has removed bank charges on savings accounts and fixed term deposits while also setting the interest rates...
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Record allotment at auction as ZWL depreciates 0.2%
HARARE – The latest foreign currency auction managed to see the highest allotment ever and increased bids particularly from the SMEs auction. The Zimbabwe...
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Restaurants call for re-opening after new lockdown measures closed them again
The Restaurant Operators’ Association of Zimbabwe has expressed concern over the renewed closure of restaurants and has challenged the misperception that restaurants pose a...
Ecobank launches US$350 million 10NC5 year Tier 2 Sustainability Notes
LOME, Togo, June 11, 2021/ -- Ecobank Transnational Incorporated (“ETI”), the Lomé based parent company of the Ecobank Group (www.Ecobank.com), is pleased to announce...
Unilever gets new MD
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He takes over from Hilary Muzondiwa.
In a statement, the group’s...
World Bank’s IFC, Zimbabwe partner to expand air access to Victoria...
HARARE— A partnership announced today between IFC and the Government of Zimbabwe will support recovery and jobs in Zimbabwe’s tourism sector by helping increase...
Arcadia lithium pilot plant nears completion
Prospect Resources announced that approximately 92% of the Engineering, Procurement and Construction (EPC) scope for its high purity Arcadia lithium pilot plant in Zimbabwe...
Tobacco sales top US$367m in two months
Staff Writers
Tobacco farmers have to date earned US$367 million in two months of the marketing season, which is an improvement of 49% from the...
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Premier African Minerals to raise £1m for Zimbabwe lithium project
Premier African Minerals Ltd. said Thursday that it will raise 1 million pounds (US$1.4 million) via a discounted share placing, and that it will...
Govt, Old Mutual in Vic Falls land deal for SEZ feasibility...
HARARE - Old Mutual Life Assurance Company Zimbabwe (OMLAC) is set to finance and undertake a feasibility study financing agreement in respect of the...
Transitional arrangement on motor vehicle importation dates extended
Sharon Chikwanha
LOCAL importers of second-hand light vehicles that are 10 years old or more have been given one more month to clear their cars...
Hwange misses Q1 generation output targets by 55%
HARARE - There has been some progress on the refurbishment of Hwange Thermal Power Station but the project is still behind targets with the...
SI127 to negatively affect informal economy: ZIMCODD
Statutory Instrument 127 of 2021, Presidential Powers (Temporary Measures) Financial Laws Amendment Regulation 2021
Social and Economic Implications
On the 27th of May 2021, the government...
RBZ rings changes to mining royalties & commissions payment modalities
HARARE - For ease of administration, the Reserve Bank of Zimbabwe has announced that all commissions and royalties that are due and deductible at...
