By Isaac Munyuki In November 2020, the Zimbabwean government launched the National Development Strategy  1: 2021 – 2025 (NDS1), a five-year economic plan. The NDS1 succeeded the Transitional Stabilisation Programme (Oct 2018 – Dec...
Latest updates from two major players in the construction business, Masimba Holdings and Cafca, provide a window into growing demand in the industry. Masimba Holdings, one of the country’s biggest construction firms, says...
The Zimbabwe Investment and Development Agency (ZIDA) and International Finance Corporation (IFC), a unit of the World Bank, have launched a survey to gauge investor sentiment on the country.  The survey will seek out...
Zimbabwe's inflation rate has slowed down over recent months. The rate fell from 837.5% in July last year to 194.1% in April. Does this mean that prices are coming down? How is inflation measured? How is the...
Zimbabweans spent more on fast foods in the first three months of this year than they did over the same period in 2020, despite COVID-19 restrictions reducing customer numbers. Simbisa, the country’s biggest fast...
Zimbabwean exporters will be rewarded for exporting more, under a raft of new incentives announced by Finance Minister Mthuli Ncube on Monday. Exporters, including miners, currently keep 60% of their foreign earnings in hard...
On Monday, President Emmerson Mnangagwa joined other regional leaders at the official opening of the new US$260 million Kazungula Bridge on the Botswana-Zambia border. Apart from the presidents of Botswana and Zambia, the event is also being...
Tharisa, the JSE-listed platinum and chrome producer, has acquired Salene Chrome Zimbabwe for US$3 million as part of its growth strategy in the country. Salene Chrome is a low-lost property at development stage on...
ZESA’s debt to Hidroeléctrica de Cahora Bassa (HCB) rose to US$97 million last year, up from just over US$45 million in 2019, the Mozambican power supplier says. Zimbabwe was the second largest debtor to HCB...
Government will guarantee US$750 000 of a CBZ loan to Luxaflor Roses, the country’s biggest rose producer, under a COVID-19 stimulus package for local companies. A government gazette issued Friday said the US$750 000...
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