The Anchor

Staff Writer A new study by the United Nations Economic Commission for Africa has indicated that 600 million people in Africa do not have access to electricity while 900 million have no access to clean...

Tadiwa Musiyiwa HARARE – The Reserve Bank of Zimbabwe (RBZ) has issued a directive for deducted mining royalties to be collected solely by the Zimbabwe Revenue Authority (ZIMRA) to restrain bureaucracy. In a statement, RBZ...

By Kristalina Georgieva and Abebe Aemro Selassie Sub-Saharan Africa is in the grips of a third wave of COVID-19 infections that threatens to be even more brutal than the two that came before. This is yet more evidence...

HARARE - Zimbabwe, alongside 22 other countries were identified as having strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. When the Financial Action Task Force places a jurisdiction under...

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...

A top Chinese bank with a global portfolio including fossil fuel extraction, has tentatively agreed to stop financing the controversial Sengwa coal project in Gokwe after bowing to civic pressure. In a communique following the...

Bloomberg – David Brown, CEO of Zimbabwe’s Kuvimba Mining House, intends to step down, jeopardising the future of the company the government hopes will spur an economic revival. The 58-year-old South African mining veteran has...

HARARE - Invictus Energy says the special grant held by Geo Associates (Private) Limited, the company’s 80% owned subsidiary has been extended by three years. In an update, the group said the grant (SG4571) has been...

Sydney Kawadza The African Development Bank has predicted that prices of goods in Zimbabwe would stabilize due to the weekly Foreign Currency Auction System introduced in June. The Bank, in its African Economic Outlook 2021, also...