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Zim in BRICS Bank talks amid reform calls
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Home » Zim in BRICS Bank talks amid reform calls
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Zim in BRICS Bank talks amid reform calls

written by Adelaide Moyo, Group Managing Editor 0 comments
The NDB was established by the BRICS nations to mobilise resources for infrastructure and sustainable development in emerging markets and developing countries.
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THE commencement of formal discussions for Zimbabwe to join the BRICS-backed New Development Bank (NDB) is a breakthrough, although accessing the lender’s deep pockets depends entirely on domestic reform, analysts have said. The Ministry of Finance last week confirmed that Zimbabwe has entered formal membership negotiations with the BRICS NDB following official correspondence from the…

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Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

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