Locked out of debt markets, Zimbabwe will borrow locally to fund budget deficit

Zimbabwe plans to fund the bulk of its budget deficit from domestic sources until 2025 as it continues to be locked out of international debt markets, the...

Mthuli: Zimbabwe will ‘maximise’ mineral reserves before using them to clear debt

Zimbabwe will not rush to use mineral reserves under a new policy that compels miners to pay half of their royalties in commodities to settle its foreign...
Zimbabwe currency

Despite pressure from strained businesses, Mthuli says interest rates must stay at 200% into...

Finance Minister Mthuli Ncube says interest rates must remain above 200% into 2023 to contain inflation, resisting pressure from businesses who say the high borrowing rates are...

DPA scores 4MW solar power contract in Kenya

Distributed Power Africa (DPA), a unit of Cassava Technologies, has won a contract to install 4MW of power at Devki Steel Mills in Kenya, in the renewable...

INTERVIEW | ‘Dear Samantha’: the viral letter that was written by Dambudzo Marechera, but...

‘Dear Samantha’ was a letter from Dambudzo Marechera to his lover, Samantha, has often gone viral on social media. Only that, it wasn’t from Marechera. It was,...
Zimbabwe gold

OPINION | Zimbabwe’s new royalty law: A positive step towards more equitable value share,...

By Mukasiri Sibanda As important strides are made to attain the US$12 billion mining earnings target by 2023, up from US$2.7 billion recorded in...