Over a decade in which no lender would touch the country with a long barge-pole, there's one bank that has become a lender of last resort to Zimbabwe.
The African Export Import Bank’s (Afreximbank) announced this week that it is...
Here is a number: 39 871 742. Almost 40 million. That’s the total number of Colcom pies that Zimbabweans ate in the year to June this year.
This was seven million more pies than the company sold in the same...
Cement producer Lafarge says demand for cement has risen by 30 percent this year driven by increased road construction and home building – and much of the new activity is happening outside the capital.
In the half year to June...
Earlier this year, Mike Bimha, then Industry Minister, launched the Zimbabwe Motor Industry Development Policy, meant to revive the country’s collapsed local car manufacturers. After the event, he skipped into his imported Mercedes Benz and left, with his irony-gauge...
Newly appointed Zimbabwean Finance Minister Mthuli Ncube would like to employ a “big bang” economic reform program to the battered economy where unemployment is running above 80 percent, but recognizes politics will limit the speed for change.
“My preference is...
REGISTRAR-GENERAL Tobaiwa Mudede was at his arrogant worst at a testy July press conference in the run-up to the 2013 elections.
Why wasn’t he releasing the electronic version of the voters’ roll, frustrated journalists wanted to know.
After deflecting for innumerable...
Britain will support Zimbabwe to get on to an interim IMF staff programme to help the country quickly clear its foreign arrears, Britain’s ambassador in Harare said on Tuesday.
Clearing the $1.8 billion in arrears to the World Bank and...
Zimbabwe’s official inflation rate has risen to 4.83% year-on-year, pushing towards its highest level since dollarisation.
August annual inflation quickened by 0.54 percentage points from 4.29 percent in July, according to the latest data released on Monday by Zimstat. Month-on-month...
State-owned telecoms firm TelOne has opened bids seeking financial advisors for its privatisation plan.
TelOne is one of 35 state enterprises that the Government announced in April would be either sold off, partially privatised or allowed to shut down, as...
At a press conference to announce his new Cabinet, President Emmerson Mnangagwa was in a rush to show he had done something new.
Why did you appoint Kirsty Coventry, one reporter asked, she has never walked the corridors of power?...
