FINANCIAL SERVICES

European Investment Bank warms up to Zimbabwe

The European Investment Bank (EIB) has availed about €40m to Zimbabwe banks within a year, which will go towards bailing out the country's SMEs and mid-cap companies, in a vote of confidence in the ...

By Staff reporter | Published: 02 June 2022

POLITICS

Europe pushes for Mnangagwa, Chamisa talks

THE European Union (EU) is ramping up pres- sure on President Emmerson Mnangagwa to hold much-needed talks with opposition leader Nelson Chamisa. This comes as Mnangagwa is battling to put back on tra...

By Staff reporter | Published: 11 October 2019

EUROPE

Trump humiliates Europe

United States' decision to pull out of the nuclear deal with Iran has seen European companies such as Maersk Tankers from Denmark, Germany's Allianz and France's Total are ready to abandon multi-billi...

By Staff reporter | Published: 10 June 2018

POLITICS

'Indians, Europeans will come to Zim for jobs,' says Chamisa

MDC Alliance leader Nelson Chamisa says once he is in power, Europeans and Indians will flock to Zimbabwe for employment.Addressing a rally yesterday at Mt St Mary's in Wedza, a few kilometres from V...

By Staff reporter | Published: 04 June 2018

POLITICS

Europe warms up to Zimbabwe

THE European Union (EU) has indicated that it is ready to engage Zimbabwe following the transition that saw a new administration led by President Emmerson Mnangagwa taking over in November last year.T...

By Staff reporter | Published: 24 January 2018

MINING & RETAIL

Hwange, European contractor in exploration deal

Tri-listed resources concern, Hwange Colliery Company Limited (HCCL), last week revealed it is finalising funding structure negotiations of its exploration deal with its unnamed preferred partner, whi...

By Staff reporter | Published: 11 December 2017

Hwange Colliery partners European firm

COAL miner Hwange Colliery Company Limited has selected a European company to conduct exploration and drilling at its new concession in western and Lubimbi fields in Hwange. Managing director Mr Thoma...

By Staff reporter | Published: 03 August 2017

EUROPE

Europe's first rate hike may be coming this week

The Czech Republic may kick off Europe's monetary-tightening cycle this week, jumping ahead of its peers after three years of radical stimulus fueled price growth that's sputtered on the rest of the c...

By Bloomberg | Published: 31 July 2017

FINANCIAL SERVICES

European Investment Bank team arrives in Zimbabwe

A high level team from the European Investment Bank (EIB) is in Zimbabwe to assess the economic situation in the country, European Union (EU) Ambassador Philippe Van Damme has said.Van Damme told busi...

By Staff reporter | Published: 21 June 2015

BUSINESS NEWS

European Investment Bank officials coming to Zim

European Investment Bank (EIB) officials are due to visit Zimbabwe on a mission to explore funding opportunities for the private sector, European Union's ambassador to Zimbabwe Aldo Dell'Ariccia has s...

By Staff reporter | Published: 21 February 2014

TRANSPORT & TOURISM

Zim re-engages Europe, America tourism markets

Zimbabwe seeks to reengage the European and Americas tourism markets as part of efforts to boost depressed tourist receipts. This comes as President Mugabe's administration had in the early 2000...

By Staff reporter | Published: 21 February 2014

POLITICS

Zimbabwe re-engages the European Union

Zimbabwe will today hold a one-day re-engagement conference with representatives from the European Union (EU). Business Council of Zimbabwe president Hlanganiso Matangaidze confirmed the development y...

By Staff reporter | Published: 14 February 2014

EUROPE

European shares edge lower

London - European shares edged lower early on Monday, with investors taking some money off the table after six straight weeks of gains and looking for fresh catalysts to push the market back towards r...

By Reuters | Published: 18 November 2013

EUROPE

European Central Bank is unlikely to keep its interest rates low

FRANKFURT - The European Central Bank is unlikely to keep its interest rates low for years, the head of the German Bundesbak said on Monday, but warned that the eurozone crisis is far from over."My as...

By AFP | Published: 26 August 2013

INDUSTRIALS & ENERGY

European investor for Olivine industries

AICO Africa Limited has secured a European investor who will invest $20 million into one of it's subsidiaries Olivine Industries, a source has revealed.A source said representatives of the new invest...

By Business reporter | Published: 03 July 2013

EUROPE

Miners drag European shares lower

London - Mining stocks were among the top fallers as European shares edged lower on Monday, dragged down by weak data from the world's largest consumer of raw materials China.Miners fell 0.7% after Ch...

By Reuters | Published: 11 June 2013

BUSINESS NEWS

European Investment Bank returns to Zimbabwe

THE European Investment Bank will be making a second comeback to Zimbabwe having suspended dealing with the country due to unpaid arrears accumulated by the government.Ambassador Aldo Dell'Ariccia, ...

By Business reporter | Published: 10 June 2013
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