HARARE - Treasury has lowered the charge on cash withdrawals on amounts above US$1 000 to 1% following pressure from legislators.
In May President Mnangagwa announced a raft of measures that were meant to defend the ailing local currency (ZWL)...
HARARE - The government has launched the US$30 million Horticulture Export Revolving Fund to spur agricultural growth and increase the value of agricultural output through value addition and beneficiation.
The funds are part of the US$961 million International Monetary Fund's...
HARARE - Zimbabwe’s premier property investment forum, ZIMREAL, is taking place in Harare on September 7, 2022 at the Venue, Avondale, Harare. The annual conference will bring together over 150 local and international stakeholders, including local government, property developers,...
Staff Writer
Senior African Development Bank officials recently undertook a three-day business mission to Zimbabwe, where they discussed the development of the private sector and how Zimbabwe could best utilize its renewable energy resources.
The bank’s vice president for power,...
Talkmore Gandiwa/Edwell Chigangaidze
HARARE – NMB Bank says it is in negotiations for US$20 million credit lines from two potential financiers, which assist it to service the increased demand from manufacturing and exporting clients.
Chief executive Gerald Gore said the bank...
Talkmore Gandiwa
HARARE – Invictus energy is set to drill the Mukuyu second well by end of August, which is set to target 22 cubic feet and 800 million of barrels condensate.
The drilling of the Mukuyu-1 exploration well will commence...
Itai Ndongwe
The state power utility ZESA Holdings says it is owed US$62 million and ZWL 17 billion by both individuals and commercial and industrial clients as of last week.
Speaking during a vehicle and work equipment handover ceremony by the...
HARARE - Government has warned that it will blacklist suppliers who are channeling payments they receive to the illegal foreign exchange market and is in the process of setting up a process to scrutinise all awarded tenders to ensure...
Milk production Figures Jan-June 2022
HARARE – African Development Bank Group President Dr Akinwumi Adesina arrived in Zimbabwe on Monday for a two-day official visit to the country.
Adesina accepted a request in February by the Zimbabwean government to serve as the country’s arrears clearance...
