Five year tax break for Great Dyke Investments
Davison Kaiyo
Government has entered into an agreement with Great Dyke Investments (GDI) that would see the new player in Zimbabwe’s platinum mining sector enjoying a five-year tax break.
This follows that approval of Special Mining...
African banks sign deal to upgrade trade chokepoint at Zimbabwe border
A group of African banks has signed a US$194mn senior debt facility to rehabilitate the Beitbridge border post, a crossing that connects Zimbabwe and South Africa.
Rand Merchant Bank (RMB) acted as co-ordinating bank and...
IMF revises global growth forecast upwards with wary eye on pandemic
With a wary eye on COVID-19, the International Monetary Fund (IMF) has forecast a more optimistic 5.5% expansion of the global economy this year.
The upward revision in the IMF’s latest World Economic Outlook published...
US$ millions for ageing Kariba Dam – UN Report
Sydney Kawadza
Zimbabwe and Zambia should expect spending millions of United States dollars in regular repairs, rehabilitation and maintenance at the Kariba Dam, which has reached an advanced age of 60 years.
The aging dam, which...
AfDB mobilises US$25b for African climate adaptation
Staff Writer
The African Development Bank has launched the African Adaptation Acceleration Programme to mobilize US$25 billion to scale up and accelerate climate change adaptation actions across Africa.
AfDB president Akinwuma A. Adesina announced the launch...
Govt warns against spreading false news
Reason Razao
Government has blasted mainstream and social media for maliciously alleging that some of its officials had passed on after succumbing to Covid-19 saying it was unethical and unacceptable to publish falsehoods.
Permanent secretary for...
Emirates to increase flights to Harare and Lusaka
Staff Writer
Emirates is set to increase its flights between Harare Lusaka and Dubai to four times a week from February 6 this year with the expanded schedule of services offering better connectivity for customers...
Sub-Saharan Africa FDI down 11% to US$28 billion: UNCTAD
Tapiwanashe Mangwiro
HARARE – Foreign Direct Investment (FDI) to Sub-Saharan Africa fell by 11% to US$28 billion in 2020 due to the Covid-19 pandemic, according to the United Nations Conference on Trade and Development (UNCTAD)....
Harare City frets over burial sites as COVID-19 bites
Sydney Kawadza
The Harare City Council is in urgent need of a new burial site as most of its cemeteries re largely full, a development which is forcing residents to seek alternative burial space at...
Consumer Price Index publication expedited
Davison Kaiyo
The Zimbabwe Statistics Agency (ZimStat) has changed the dates for publication of the Consumer Price Index following the completion of the computerisation of the agency.
ZimStat announced in a statement Friday the information will...

















