Sydney Kawadza
Some areas in Zimbabwe are likely to face acute food shortages from October going into the new year despite the country receiving above normal rain during the 2020/2021 agricultural season, the Famine Early Warning Systems has predicted.
In the...
HARARE – The Reserve Bank of Zimbabwe kept its key policy rate unchanged to sustain the current inflation trajectory and support the forecast robust economic growth for 2021.
The bank policy rate was maintained at 40% and the interest rate...
Sydney Kawadza
Zimbabwe could lose considerable revenue at the Chirundu One Stop Border Post due to the chaotic scenes that continue dogging the clearance of transit cargo with transporters seriously considering using the recently commissioned Kazungula Border Post.
Intermittent disorder, high...
Tadiwa Musiyiwa
HARARE – The Reserve Bank of Zimbabwe (RBZ) has issued a directive for deducted mining royalties to be collected solely by the Zimbabwe Revenue Authority (ZIMRA) to restrain bureaucracy.
In a statement, RBZ Director Farai Masendu said payments...
By Kristalina Georgieva and Abebe Aemro Selassie
Sub-Saharan Africa is in the grips of a third wave of COVID-19 infections that threatens to be even more brutal than the two that came before.
This is yet more evidence of a dangerous divergence in...
HARARE - Zimbabwe, alongside 22 other countries were identified as having strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing.
When the Financial Action Task Force places a jurisdiction under increased monitoring, it means the...
Staff Writer
The Zimbabwe River Authority has reviewed upwards the amount of water allocated for power generation for both Zimbabwe and Zambia.
In a statement, ZRA chief executive Munyaradzi Munodawafa said water allocation for power generation at Kariba would be increased...
A top Chinese bank with a global portfolio including fossil fuel extraction, has tentatively agreed to stop financing the controversial Sengwa coal project in Gokwe after bowing to civic pressure.
In a communique following the postponement of a meeting by...
Sydney Kawadza
The African Development Bank has predicted that prices of goods in Zimbabwe would stabilize due to the weekly Foreign Currency Auction System introduced in June.
The Bank, in its African Economic Outlook 2021, also predicted a modest economic recovery...
Tadiwa Musiyiwa
HARARE - Agribank's strategy to grow its loan book and export business helped it boost its earnings in the five months to May 31, 2021.
The group, which is finalising its rebranding to AFC Commercial Bank, recorded a net...
