Almot Maqolo The African Development Bank Group (AfDB) has extended to Zimbabwe a US$10.4m grant to support the much-needed digitisation of the tax administration system, strengthening the role of parliament and enhancing the capacity of the Office of the Auditor...
By Farai Mabeza ZIMBABWE has been listed among the world’s top 24 tourism destinations by one of the biggest global media houses, Bloomberg. In a list titled “Where to Go in 2020”, Bloomberg described Zimbabwe as one of the 24 destinations that...
Staff Writer HARARE – At least two Reserve Bank of Zimbabwe directors could be on their way out following the expiry of their contracts amid indication authorities were now looking at renewing the staff complement at the bank, particularly at...
Samuel Mapuranga Various economists believed that independent Zimbabwe was an economic success on route to attaining status of the most “developed country” in Africa. Before 2000, Zimbabwe had a market economy with a fairly solid industrial structure. The macroeconomic situation...
 FinX HARARE – One of the essential requirements for a fast-growing modern economy is an adequate supply of electricity, and a supply that is expanding as fast as the economy is growing. This needs careful planning considering the long lead...
Sydney Kawadza Exports from Harare to Dubai went up significantly, with more than 2 000 tonnes of cargo having been moved between the two cities in the past year through the Emirates Airlines’ SkyCargo. According to the airline, latest figures show...
HARARE - (Finx) - Packaging manufacturer, Nampak Zimbabwe says settlement of electricity bills in foreign currency is milking the industry as it does not match the exporting levels. Last month, Zimbabwe officially gazetted a directive which requires exporting companies to...
Staff Writer Kudakwashe Tagwirei’s Sakunda Holdings is sweating over US$48 million that it owes to its London-Stock Exchange listed technical partner, Aggreko accumulated from the now defunct Dema Diesel Power Generation plant. The Anchor is reliably informed that Sakunda has been...
HARARE – (FinX) Zimbabwe narrowed its trade deficit in the year to October to US$296.42 million from US$743 million in September after improved exports in October boosted by tobacco and nickel values. The country however still needs to do...
Farai Mabeza PAN-AFRICAN housing finance institution, Shelter Afrique, approved a total of US$20m for Zimbabwean housing finance providers during the year, managing director Andrew Chimphondah has said. Chimpondah told the media at the opening of Shelter Afrique’s Centre of Excellence Masterclass...

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