Most Recent News

Zimbabwe Rollout Gold Coins in Hopes of Reducing Demand for US Dollars

Zimbabwe’s central bank has introduced gold coins that it hopes will ease citizens’ demands for foreign currency. But economists and ordinary Zimbabweans are sceptical. At the official launch of the.

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Zimbabwe suspends bank lending in bid to arrest currency decline

Zimbabwe’s government on Saturday ordered banks to stop lending with immediate effect in a move Harare said was designed to prevent speculation against the Zimbabwean dollar and was part of.

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Zimbabwe to Launch Measures to Protect Currency – President

President Emmerson Mnangagwa of Zimbabwe has stated that the government would take steps to slow the fast depreciation of the local currency. In the state-run Sunday Mail’s editorial section, Mnangagwa.

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Zimbabwe Cabinet Backs Diaspora Agricultural Investments

The Zimbabwe Government will facilitate the establishment of joint ventures between diasporans and landowners for the production and export of high-quality agricultural products and any other sector for investment, as.

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Zimbabwe, Afrixembank sign US$1,5bn deal

The African Export-Import Bank (Afreximbank) has made available a US$1.5 billion stabilization facility to Zimbabwe to mitigate the perceived risk associated with investing in the country. The facility, known as.

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China gifts Zimbabwe a $100m new parliament building

Zimbabwean President Emmerson Mnangagwa on Friday, 30 November broke ground for the construction of a new parliament building for the country, to be built by a Chinese contractor with a.

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Zimbabwe’s Finance Minister Aims to Turn Economy Around with New Budget

Zimbabwe’s finance minister has unveiled the country’s 2019 budget. Mthuli Ncube says the plan should help restore the economy of the southern African nation after years of recession. “Madam Speaker,.

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Gold mining firms to retain 55 per cent of dollar earnings in Zimbabwe

Zimbabwean gold mines have been allowed to retain 55 per cent of their earnings in dollars, from 30 per cent previously. The deputy mines minister, Polite Kambamura disclosed this as.

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President of Zimbabwe Opens National University of Defense

Zimbabwean President Emmerson Mnangagwa urged the National University of Defense to offer ideas that support the country’s economic progress, in his speech at the official inauguration and expansion of that.

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Zimbabwe: Brussels Businesses Eye Zim Prospects

BELGIUM is sending a high-powered business delegation comprising 25 companies to Zimbabwe to explore investment opportunities, in a move expected to boost Government efforts to make the country an attractive.

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