Staff Reporter
Harare - Zhengzhou Bus Zimbabwe (Private) Limited, trading as Zhongtong Bus Zimbabwe, has announced that it will suspend its business operations in Zimbabwe.
The decision takes effect from January 14, 2025.
The Chinese bus manufacturing company shared the news through...
Itai Ndongwe
HARARE (FinX) – Zimbabwe Revenue Authority (Zimra) says it will chase a revenue target of US$7.1 billion in 2025, which is up 16.39% from US$6.1 billion in 2024. This will be anchored on an established digitilisation-driven strategy to...
HARARE - Afreximbank and Mutapa Investment Fund (MIF) have launched a US$50 million Joint Project Preparation Facility (JPPF) to support project development in Zimbabwe's key economic sectors.
This initiative aims to mobilise project preparatory funding, creating a robust pipeline of...
Farai Mabeza
HARARE - The chief executive officer of African Risk Capacity Limited (ARC Ltd), Lesley Ndlovu, a Zimbabwean, has been selected as one of Time Magazine’s 100 Most Influential Climate Leaders in Business for 2024.
ARC Ltd is a hybrid mutual...
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 morning. Commuter omnibuses and pirate taxis crowd the intersection of Albion and Chinoyi Streets, rumbling...
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) to support the country's development.
These agreements reinforce the EU's commitment to complement the government's efforts...
HARARE (FinX) - The Court of Appeal of England and Wales has affirmed that states cannot rely on sovereign immunity to oppose the registration of ICSID awards rendered against them – dismissing appeals lodged by Spain and Zimbabwe.
In the...
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), with 77% repaid of its total allocation for the DBSA loan this year, amounting to...
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 Malawi and Zimbabwe.
Under the bank group’s Africa Disaster Risk Financing (ADRiFi) initiative, the Mitigating Fragility...
Talkmore Gandiwa
The World Bank has approved a new Country Engagement Note (CEN) focused on supporting the country’s immediate development priorities for 2025 to 2026.
The World Bank CEN initiative is anchored in a continued commitment to support the country, along...