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
The International Monetary Fund (IMF) has lauded Zimbabwe's economic reforms but warned they might take time to bear fruit since they were meant to correct mistakes that happened over two decades.IMF ...
By Staff reporter | Published: 11 October 2019
SOME local companies are reportedly negotiating distributor arrangements with United Kingdom (UK) firms and have identified business partners who will provide machinery for value-adding their products...
By Staff reporter | Published: 10 October 2019
The Insurance and Pensions Commission (IPEC) made a statement on the forward going policy for foreign currency dominated insurance policies. The development comes in the midst of a growing confi...
By Staff reporter | Published: 02 October 2019
DEVELOPMENT Bank of Southern Africa (DBSA) chief executive officer Patrick Dlamini says government can do much better on reforms, amid a planned visit to Zimbabwe to discuss potential funding for the ...
By Staff reporter | Published: 27 September 2019
ZIMBABWE's telecoms sector has suffered a $37,1 million decline in revenue for the first time ever in the past four years.The latest Postal and Telecommunications Regulatory Authority of Zimbabwe (Pot...
By Staff reporter | Published: 16 July 2019
POWER outages are wrecking Bulawayo's businesses, amid fears that the debilitating electricity cuts may force the closure of some firms, captains of commerce and industry have warned.This comes as Zim...
By Staff reporter | Published: 11 July 2019
THE re-introduction of the Zimbabwean dollar is expected to bring stability to the fuel sector as Government tightens fiscal and monetary policies to ease pressure on foreign currency demand, National...
By Staff reporter | Published: 09 July 2019
Eskom has confirmed that payment from Zimbabwe regarding outstanding debt is reflecting in the power utility's account. Earlier on Tuesday, Fin24 reported that Zimbabwe Energy minister Fortune Chasi p...
By Staff reporter | Published: 02 July 2019
Government yesterday confirmed paying US$10 million to South African power utility, Eskom, to service the debt to the power utility - and the money was set to be in the receiver's bank by end of day y...
By Staff reporter | Published: 02 July 2019
"Replacing the multi-currency regime anchored in the United States dollar by the South African rand as the sole transaction currency would help reduce over-valuation and stimulate exports and growth. ...
By Lisa Tazviinga | Published: 01 July 2019
Cabinet has approved currency reforms introduced by Treasury which culminated in the scrapping of the multi-currency system on local transactions saying the move would now bring normalcy in the econom...
By Staff reporter | Published: 27 June 2019
Implementation of reforms under the Transitional Stabilisation Programme (TSP) has averted the economy from being weakened by adverse exogenous factors, Finance and Economic Development Minister Profe...
By Staff reporter | Published: 03 May 2019
MORE Japanese are set to invest in Zimbabwe in response to the on-going economic reform process with Tokyo and Harare pushing for improved bilateral relations. Japanese Ambassador to Zimbabwe Mr Toshi...
By Staff reporter | Published: 01 May 2019
Foreign workers in South Africa with expertise deemed vital to the economy are worried that authorities will reduce the number of critical skills eligible for work permits, a move they say could force...
By Reuters | Published: 28 April 2019
The European Union (EU) yesterday acknowledged that there are some positive steps towards the attainment of political and economic reforms by Zimbabwe. Speaking after meeting President Emmerson Mnanga...
By Staff reporter | Published: 26 April 2019
Businesses in the insurance industry that fail or delay paying out claims of admitted liabilities under any policies risk having their operating licences cancelled as stipulated at law, according to t...
By Staff reporter | Published: 26 April 2019
THE re-bundling of Zesa and merger of its five previously separate entities into a single integrated company will cut overhead costs and boost power generation efficiency, Vice President Constantino C...
By Staff reporter | Published: 25 April 2019
A BELARUSIAN business delegation yesterday paid a courtesy call on President Mnangagwa at his Munhumutapa Offices in Harare where it expressed interest in cooperating with Zimbabwe in different sector...
By Staff reporter | Published: 24 April 2019
CABINET yesterday approved a litany of measures meant to strengthen under-performing parastatals such as Air Zimbabwe, the Grain Marketing Board and Zesa Holdings.Addressing journalists soon after the...
By Staff reporter | Published: 06 February 2019
DEEP structural reforms such as transparency in the mining sector and respect for property rights could improve Zimbabwe's business climate, attract private investment and see the return of skilled la...
By Staff reporter | Published: 06 January 2019
A SURVEY has revealed that 66 percent of local firms will pay bonuses this year, an increase of 16 percent from last year. The survey by Industrial Psychology Consultants covered a sample of 71 compan...
By Staff reporter | Published: 20 December 2018
David Whitehead is in serious negotiations with two unnamed investors seeking to inject fresh capital and revive the struggling textile firm, sources familiar with the talks have revealed. The company...
By Staff reporter | Published: 19 December 2018
ENVIRONMENTAL Management Authority (EMA) recently ordered the closure of three Chinese companies that were setting up coke-processing and solar power plants in Hwange without conducting environmental ...
By Staff reporter | Published: 17 December 2018
INDUSTRIES in Bulawayo have started closing for the festive season, optimistic of resuming operations next year under an improved environment. Confederation of Zimbabwe Industries (CZI) Matabeleland c...
By Staff reporter | Published: 17 December 2018
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
