Afreximbank signs US$80m facility with CBZ Bank
The African Export-Import Bank signed a US$80 million facility with CBZ Bank in the Bahamas yesterday (June 12, 2024), to support trade financing for the country’s productive sectors of the economy as well as...
IMF Article IV mission in June to also look at ZiG development
Staff Writer
A team from the International Monetary Fund is expected in Zimbabwe later this month to conduct the annual Article IV Consultation mission. The team will also be looking at the new currency arrangement,...
Zim stands to benefit from AfCTA but more needs to be done: World Bank
Ryan Chigoche
HARARE - The World Bank says the removal of tariff barriers alone will not see the country benefit enough from the Africa Free Continental Trade Area (AFCTA), with the bank highlighting the need...
Wife of alleged gold mafia boss wins US$1 million case against businessman
HARARE – Leigh Ann Patricia Rudland, the wife of notorious alleged gold smuggler and money launderer Simon Rudland, has won a US$1 million case against businessman Luka Ignatius Fabris and his company, Spartan Security...
Trade between Zimbabwe, Rwanda grows
Talkmore Gandiwa
Bilateral trade between Rwanda and Zimbabwe has increased over the past four years, contributing to the economic growth of both countries.
Over the past four years, bilateral trade between Rwanda and Zimbabwe has increased...
Puma Energy opens US$3m aviation fuel storage facility at RGM Airport
Itai Ndongwe
HARARE - Puma Energy Zimbabwe has opened a US$3 million new fuel storage facility at Robert Gabriel Mugabe Airport, demonstrating its commitment to infrastructure and aviation supply security projects.
This operation began in 2015...
POTRAZ Takes Lead in Developing AI Regulation Framework for Zimbabwe
Staff Reporter
The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has collaborated with the Ministry of Information Communication Technology (ICT) to develop a comprehensive framework for AI regulation in the country, with the aim...
FBC concludes Standard Chartered Zimbabwe takeover
HARARE - FBC Holdings has today (Saturday May 18) announced the completion of the takeover of Standard Chartered Zimbabwe with the group noting that they are ‘creating a financial powerhouse that caters for the...
Blanket Mine life to extend to 2034 and beyond
Itai Ndongwe
Caledonia Mining has announced a number of enhancements to the reserves and resources of its 64%-owned Blanket mine in Zimbabwe, extending its life to 2034 and beyond.
Blanket's 1300 S-K mineral reserve and mineral...
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Chinese investors to establish US$2.8 bln battery metals park
Itai Ndongwe
Government has approved a proposal by Chinese investors to establish a US$2.83 billion battery-metals park that will process metals such as lithium, platinum,...
