Staff Writer
The Deposit Protection Corporation has announced that it will start covering foreign currency accounts {FCA’s} from potential banking sector risks with effect from t December31, 2021 following consultations with stakeholders.
In a statement, DPC Chief Executive Officer, Vusilizwe Vuma...
Sydney Kawadza
Government efforts to control fuel distribution through tracking is set to move into motion through the introduction of the National Fuel Management System, a Cabinet minister has said.
The National Fuel Management System, according to Information, Publicity and Broadcasting...
Staff Writer
African Development Bank president Akinwumi Adesina says the world has the resources to end hunger.
He made the call in a message on the first day of the United Nations Food Systems Summit.
Convened by UN Secretary General António Guterres,...
Sydney Kawadza
The SADC region is seeking investment water resources development to address insecurities in food and energy while meeting demands from a growing population.
Development of water resources would also ensure environmental protection in the region.
According to the AfDB, there...
Rhys Balicholo
HARARE – The high levels of debt in African countries are slowing down the development of the economy where seven countries, Zimbabwe included, have a debt to GDP ratio which is above 100.
In fact, the continent’s combined debt-to-GDP ratio...
HARARE - The country's raw milk production rose to its highest in recent times in August supported by improved milk supply development programmes and favourable weather and ensured that the sector maintains monthly gains for the fourth consecutive month.
According...
Sydney Kawadza & Talkmore Gandiwa
SADC member states will next week meet for the 9th River Basin Organizations/Shared Watercourse Institutions workshop to share information and experiences on inclusive trans-boundary water financing and collaborative development.
Stakeholders will also use the platform and...
Sydney Kawadza
The Africa Investment Forum’s 2021 Market Days have been slated for December 1-3 in Abidjan, Côte d’Ivoire this year with the annual business gathering showcasing transformative investment opportunities across the African continent.
In a statement, the African Development Bank...
The World Bank Group announced Thursday that it was discontinuing the ‘Doing Business report’ after data regularities were discovered in its Doing Business 2018 and 2020.
The Doing Business report provides objective measures of business regulations for local firms in...
Sydney Kawadza
The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank and Standard Chartered Bank.
The agreement is expected to boost intra-Africa...
