President Emmerson Mnangagwa has defended this week’s steep fuel price increase amid violent protests which rocked Harare and Bulawayo on Monday. Mnangagwa announced a 150% fuel price increase on Saturday in a bid to...
Tourist arrivals in Zimbabwe will end the year at a record 2.7 million, after a boom in the traditionally slow first half and increased traffic via the new Victoria Falls Airport gave leading operators their “best year ever”. Arrivals in...
The International Monetary Fund’s Africa head says talks are ongoing with Zimbabwe on technical support for its reform plan but no new financial support is available until the country clears its arrears.  At a press briefing in South Africa on...
A UK-based mining firm is to buy a controlling stake in Bindura Nickel Corporation (BNC), the country’s largest nickel producer said in a statement on Wednesday. In a cautionary statement on Wednesday, BNC said a deal had been struck by...
Donald Trump’s administration on Thursday announced its new strategy for Africa, which greatly cuts aid to the continent and places tougher conditions on financial and military support, as a way of countering the growing influence of China and Russia...
Zimbabwe is setting up special economic zones to attract UAE investors in technology, green energy and other areas, as it seeks to diversify away from mineral exports, a senior official of government’s investment agency says. Zimbabwe's exports to the Emirates...
Strive Masiyiwa’s Liquid Telecom has received a $180 million investment from the UK's CDC Group, allowing Africa’s largest fibre-network operator to expand its broadband across the continent. CDC, the development finance arm of the British government, will now take up a...
Mthuli Ncube’s budget is “positive” and can make an impact on the country’s fiscal crisis, but Zimbabwe needs “profound” political and economic reforms to end isolation and win debt relief, says US Deputy Assistant Secretary of State for Africa,...
America must lift sanctions on Zimbabwe, as they are damaging private companies, but President Emmerson Mnangagwa's government must in turn “put its house in order” on governance and economic management, leading business executive Joe Mutizwa has told US senators. Mutizwa,...
The production of gold, Zimbabwe’s top export, collapsed 59% percent September and November, mirroring a foreign currency crisis that has hit the country’s major mines and could deter new investment into the industry. With cumulative output just shy of 32...
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