President Emmerson Mnangagwa believes he has a plan to soften the blow of rising global oil prices; cut fuel taxes. But he will also need a plan for what to do with the gaping hole that this...
The global financial crime watchdog the Financial Action Task Force (FATF) has removed Zimbabwe from its “grey” watchlist, giving some rare relief to an economy battling global financial isolation.
Zimbabwe was put on the...
Russia’s invasion of Ukraine may be happening almost 11,000km from Zimbabwe, but the impact is likely to hit close to home.
On Thursday, Russia began military operations in Ukraine. What does this mean for...
Cabinet has announced that Kuvimba Mining House is to take over Ziscosteel, the country's collapsed steel maker. This is only the latest in a long series of attempts by the government to revive the company.
Kuvimba Mining House's deal with government to take over Ziscosteel gives it the almost impossible task of refiring a steel mill that has been silent for two decades.
But the company, which has tried...
After defaulting on a US$206 million loan from the Development Bank of Southern Africa (DBSA) for the rehabilitation of the Plumtree-Harare-Mutare highway, Zimbabwe has renegotiated terms to clear the outstanding US$165 million.
The Zimbabwe...
The national statistics agency, ZimStat, has just released the latest trade data for December. Here are five quick facts about the state of trade:
Trade deficit got wider
The gap between...
Zimbabwe once sat at the top table of African gold miners, but years of underinvestment in exploration stole its shine. For some investors, this makes it just the right place to be.
Caledonia Mining...
Zimbabwe has secured a guarantor to support the planned sale of a US$200 million bond, which would be listed on the Victoria Falls Exchange, according to Finance Minister Mthuli Ncube.“We think that in the next two months,...
Zimbabwe produced its largest grain harvest in decades last year, but lower sales by the country’s biggest seed company are pointing to lower output in 2022.
Good rains lifted Zimbabwe to an estimated haul...
