The Reserve Bank of Zimbabwe is failing to ship in enough foreign currency to pay for gold purchases, a miners’ group says.
Fidelity Printers & Refiners (FPR), the central bank unit which is the...
Zimbabwe is inviting bids for the installation of 500MW of solar power plants, hoping a shift to renewable energy will help ease crippling power cuts.
The country has faced power cuts of up to...
The African Development Bank has approved a US$13.7 million grant to finance Zimbabwe’s COVID-19 response.
Approval for the grant was made on May 13, after a request from the Zimbabwe Government. The funds, from the African...
The Zimbabwe government’s 2018 directive to separate local and foreign currency bank balances was unconstitutional and a violation of property rights, a High Court judge has ruled.
In a ruling that sharply criticised the...
By Perry Munzwembiri
Exactly 30 days after a harried Mthuli Ncube wrote to the International Monetary Fund pleading for debt relief and financial assistance to help Zimbabwe’s fight against Covid-19, the finance minister...
Caledonia Mining says it is targeting the acquisition of small brownfield operations Zimbabwe, as part of a growth strategy to follow completion of the shaft deepening project at Blanket Mine.
The company is deepening...
Just two years ago, Zimbabwe’s tourism players were enjoying a boom, with arrivals hitting record highs and companies, for the first time in years, investing in new infrastructure in anticipation of further growth.
On April 30, President Emmerson Mnangagwa flew to Chimoio to meet Mozambican president Filipe Nyusi. Top of the agenda; the security crisis in Mozambique.
According to a communique released after the meeting: “The two...
Japan has announced US$14.8 million in additional funding for food aid in Zimbabwe, to be channeled through through the World Food Programme (WFP) and the government of Zimbabwe.
The funding will be used for...
The World Bank has used a special health fund to provide US$7 million to Zimbabwe to help the country fight the spread of coronavirus.
The US$7 million is made up of US$5 million from the World...
