Whilst a single sovereign currency regime might be the way to go, own currency may not deliver desired results if we do not address what is currently weighing down our pseudo-currency (RTGS$) - the st...
Finance and Economic Development minister Mthuli Ncube has proposed setting up a sovereign wealth fund (SWF) to help boost economic growth, but the plan is being hampered by a critical funding shortfa...
Zimbabwe lacks capacity to issue sovereign bonds for its Sovereign Wealth Fund at the moment, a regional think-tank has warned, following a government announcement on launch of the fund shortly impend...
Zimbabwe is considering issuing between $2.5 and $3.5 billion in sovereign bonds after elections set for July and will use some of the money to clear arrears to foreign lenders, Deputy Finance Ministe...
International research firm, NKC Economics (NKC), a unit of leading global advisory firm Oxford Economics, has revised its outlook on Zimbabwe's sovereign risk rating from negative to stable, citing p...
The African Medallion Group (AMG) says it has mobilised Rand 1 billion worth of gold assets, which can be leveraged to jump-start Zimbabwe's sovereign wealth fund (SWF).This also comes as the Johannes...
PRESIDENT Emmerson Mnangagwa, refreshingly, is giving economic matters an inordinate amount of attention.He is hitting the right notes with forward-looking pronouncements such a lean cabinet, promises...
Finance Minister Patrick Chinamasa yesterday tabled the Sovereign Wealth Fund of Zimbabwe Bill in the National Assembly. The Bill seeks to establish a fund administered by a board whose objective is t...
THE Zimbabwe National Chamber of Commerce has called for the business community to closely work with Government in the implementation of the economic blueprint, Zimbabwe Agenda for Sustainable Socio...
Cabinet has approved the Sovereign Wealth Fund Bill, paving way for the establishment of the fund to be anchored by the country's abundant mineral resources.Zimbabwe has said it wanted to create a Sov...
Zimbabwe plans to craft a law to set up a sovereign wealth fund by next February - but it may not have any money at first as the government desperately needs to develop the country's crumbling infras...
Analysts have hailed Government's plans to set up a Sovereign Wealth Fund that is aimed at raising capital from internal resources to support wealth creating sectors to ensure sustainable economic gro...
Government is expected to unveil a Sovereign Wealth Fund aimed at raising capital from internal resources to sustain economic requirements.The establishment of the fund is also expected to solve depen...
Rebel clashes with government forces in Mozambique has prompted VTB Group, Russia's second-largest bank, to halt a proposed sovereign debt transaction in the country. Rebels tied to the opposition Moz...
SINGAPORE - Africa is experiencing the strongest growth in new sovereign wealth funds in the world as its nations are amassing commodity revenues and foreign-exchange reserves, JP Morgan Asset Managem...