Zimbabwe on Thursday become the first African country to authorise India’s COVAXIN coronavirus vaccine, just a day after the company announced an efficacy rate of 81% in Phase III trials. The Indian embassy in...
The Confederation of Zimbabwe Industries (CZI) has released its annual manufacturing sector report, which provides a useful picture of how industries are doing. The report is compiled from surveys of operations of CZI’s members,...
Zimbabwe has agreed to refinance its US$1,4 billion debt with the Afreximbank, which will see the pan-African lender raising funds to give the country some breathing space on repayments, newZWire has learnt. The deal,...
The African Export-Import Bank (Afreximbank) says it has approved US$70 million to help fund the expansion and upgrade of the Beitbridge border post. Afreximbank will extend a US$43 million senior term loan facility to...
Government expects this year’s maize harvest to be as high as 2.8 million tonnes, Cabinet said on Tuesday, a haul which would be the country’s second biggest ever. Last year, the country harvested 908,000...
Zimbabwe is ripe for Middle Eastern investment in mining, agritech and financial technology, according to the chairman of CBZ Holdings, Zimbabwe's biggest bank and dominant farm lender. Marc Holtzman, who is also chairman...
It is the classic age-old battle of local communities versus a large agribusiness. A thousand families in Chilonga, one of the country's poorest areas, are about to lose their ancestral land to a project that officials say...
Government is in talks with private companies and medical aid providers to import COVID19 vaccines, but procurement would only be done on their behalf by Government and vaccines must be free. In Parliament on...
Liquid Telecom, a unit of Strive Masiyiwa’s Econet Global, has raised US$840 million in a bond sale to refinance debt and fund its African expansion. Liquid engaged JPMorgan Chase & Co, Standard Chartered and...
Zimbabwe’s decision to compel exporters to surrender more of their foreign currency earnings may leave miners unable to fund operations, according to Anglo American Platinum (Amplats), one of the country’s biggest platinum producers. In...
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