ED: $500m forex secured, rules out quick Zimdollar return
Zimbabwe has secured $500 million worth of credit lines to ease the liquidity crisis faced by local industry, President Emmerson Mnangagwa told Parliament on Tuesday.
In his State of the...
Britain will support IMF program for Zimbabwe: UK ambassador
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...
Horses and Royces: The colonial fanfare of Zim Parliament opening
After over a century of fighting off imperialists and their influences, we like to remind ourselves of the enemy we defeated. So, once in a while, we lay on...
Zimbabwe’s Agric Authority Issues $75M Grain Bills to buy maize from local farmers
Zimbabwe’s Agriculture Marketing Authority (AMA) has issued $75 million in grain bills to purchase maize from farmers, the authority’s financial advisor CBZ Bank said on Monday.
AMA, a government agency...
Zimbabwe secures $250m liquidity support from UK firm
Zimbabwe has secured a $250million line of credit facility from Gemcorp Group, a London-based investment group focused on emerging markets.
The five-year facility will enable the importation of essential and...
Econet announces deal talks, shares steady
Shares in Econet Wireless, the country’s biggest telecoms firm, traded steady on Monday after the company announced it had begin negotiations that would have an impact on operations.
In a...
