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Chido Pamela Mafongoya The long-awaited trading within the African Continental Free Trade Area (AfCFTA) finally began on 1 January 2021, marking a very important milestone for African trade. The AfCFTA creates a single continental market for goods and services, with the...
Davison Kaiyo Government has entered into an agreement with Great Dyke Investments (GDI) that would see the new player in Zimbabwe’s platinum mining sector enjoying a five-year tax break. This follows that approval of Special Mining Agreement signed between government and...
A group of African banks has signed a US$194mn senior debt facility to rehabilitate the Beitbridge border post, a crossing that connects Zimbabwe and South Africa. Rand Merchant Bank (RMB) acted as co-ordinating bank and sponsors’ advisor and, along with...
With a wary eye on COVID-19, the International Monetary Fund (IMF) has forecast a more optimistic 5.5% expansion of the global economy this year. The upward revision in the IMF’s latest World Economic Outlook published Tuesday is 0.3 percentage point...
Sydney Kawadza Zimbabwe and Zambia should expect spending millions of United States dollars in regular repairs, rehabilitation and maintenance at the Kariba Dam, which has reached an advanced age of 60 years. The aging dam, which is one of Africa's largest...
Tapiwanashe Mangwiro  HARARE – Foreign Direct Investment (FDI) to Sub-Saharan Africa fell by 11% to US$28 billion in 2020 due to the Covid-19 pandemic, according to the United Nations Conference on Trade and Development (UNCTAD). This comes after the region’s...
Davison Kaiyo The Zimbabwe Statistics Agency (ZimStat) has changed the dates for publication of the Consumer Price Index following the completion of the computerisation of the agency. ZimStat announced in a statement Friday the information will now be available in the...
  Marc Holtzman There is no better time for the United States to reset relations with a foreign country than at the change of an administration. While the new president, Joe Biden, will no doubt have a busy agenda, a key...
HARARE – The Reserve Bank of Zimbabwe held its weekly foreign currency auction today, which saw the local currency break its depreciation trend against the US dollar albeit marginally, as it gained 0.01% to 82.0833 from 82.0914 at today’s...
Tapiwanashe Mangwiro HARARE – In the just started 2021/30-decade, fossil fuels (coal, oil, gas) will continue to lose global market share as the world energy supply and demand transition to low carbon renewable energy (wind, solar, geothermal, nuclear etc). Global energy...

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