President Emmerson Mnangagwa’s government is offering land as compensation for farms seized from indigenous farmers as well as citizens of countries which have bilateral investment agreements with Zimbabwe, according to new regulations.
Former President...
On Wednesday, Finance Minister Mthuli Ncube admitted what the authorities have studiously refused to acknowledge - the interbank forex market is not working.
As the black market exchange rate premium reached 100%, Ncube scrambled...
Zimbabwe will adopt a “managed float” exchange rate regime, Finance Minister Mthuli Ncube said on Wednesday, abandoning strict control of foreign exchange by the central bank in the latest in a series of currency reforms that have...
U.S.-based Railnet International plans to invest an estimated $11 billion in a modern railway line and high speed trains linking Zambia, Zimbabwe and Mozambique, its chief executive said on Sunday.
Railnet CEO Donald Kress...
There are more Zimbabwean students writing Cambridge exams than anywhere else in Africa, the 10th highest globally, and the number of candidates keeps rising.
The number of schools offering Cambridge International exams in Zimbabwe...
Shamva and Mazowe Mines have been put into corporate rescue after an application by unions for a reconstruction order on the two mines, owned by Metallon, once the country’s biggest gold producer.
The Associated...
The International Monetary Fund (IMF) says Zimbabwe’s reform plan is off track, urging the country to fight corrupt “vested interests” and present a debt repayment plan in order to win support.
Zimbabwe’s economy shrunk...
Zimbabwe needs better policy coordination and must mend relations with international lenders to support its “necessary reforms”, a team of visiting African Development Bank executives says.
A seven-member delegation of Executive Directors of...
Econet Global is weighing a bid for a mobile phone licence
in Ethiopia, which is opening up to foreign investment in telecoms for the
first time.
Ethiopia is expected to invite bids from foreign telecoms
firms...
Finance Minister Mthuli Ncube hopes to speed up his stalled privatisation plan this year, but a failure by Air Zimbabwe to secure credible investors is a reminder that old parastatal debts may keep his ambitions grounded.
