Battle for the Streets: Tuck Shops Edge Out Zimbabwe’s Supermarkets as Economic Strains Deepen
by Kovedzayi Takawira
Harare - It's a scene of chaos and movement, with everyone eager to retreat to the places they had left in the early...
NMB secures US$25m multi-product facility from Proparco
Itai Ndongwe
HARARE - NMB Bank Zimbabwe Limited has secured a multi-product facility from Proparco, which includes a USD15 million credit line, a USD5 million...
Zim, EU sign US$80m financing deals
Pride Mzarabani/Itai Ndongwe
HARARE - The Zimbabwean government and the European Union have signed four financial agreements totalling 75 million euros (more than US$80 million)...
UK appeal court rules out immunity defence to ICSID awards for Zimbabwe, Spain
HARARE (FinX) - The Court of Appeal of England and Wales has affirmed that states cannot rely on sovereign immunity to oppose the registration...
ZINARA makes progress in clearing DBSA loan
Itai Ndongwe
The Zimbabwe National Road Authority (ZINARA) has made substantial strides in fulfilling its financial commitments to the Development Bank of Southern Africa (DBSA),...
Grid Africa and Huawei Announce 72MW Solar Agreement for Mining Operations in Zimbabwe
HARARE - Grid Africa, a leading renewable energy provider with operations in Zimbabwe,
South Africa, Zambia, and Kenya has sealed a groundbreaking solar agreement
with Huawei,...
C-Trade says DPO Payment option no longer available after Zim exit
Pride Mzarabani
C-Trade has announced that the DPO payment option is no longer available for depositing funds on its platform. This change is due to...
Zinara disburses ZWG2.7 bln in 9 months to Sept
Itai Ndongwe
The Zimbabwe National Road Administration (Zinara) has disbursed ZWG2.7 billion for the period January to September this year, with these funds allocated to...
Caledonia maintains F24 production target despite Q3 dip
HARARE - Caledonia Mining Corporation maintained its forecast for gold production even though production from the Blanket gold mine in Zimbabwe eased slightly in...
AfDB approves US$34.8m grants for Malawi & Zimbabwe’s climate resilience
The African Development Bank has approved US$34.8 million, (US$34,796,402.40) in grants to enhance resilience and adaptation to climate disaster risks for vulnerable communities in...
