By Monique Vanek, Bloomberg A World Bank initiative to provide electricity to 300 million Africans by 2030 has reached nearly a fifth of its goal, two years after its formation. Mission…
AMERICAN superstars Serena Williams and Venus Williams will return to Wimbledon action together after they were handed a wildcard to compete in the women’s doubles. Neither sister is included on…
THE Reserve Bank of Zimbabwe (RBZ) has slashed its benchmark policy rate to 30 percent from 35 percent with immediate effect, citing a fundamental shift toward a low and stable inflation environment. The reduction by the RBZ’s Monetary Policy Committee (MPC) is designed to support the country’s envisaged economic growth trajectory while aligning lending costs…
ZIMBABWE’s foreign currency reserves backing the ZiG increased to US$1,5 billion as of May 2026, providing the country with approximately 1,5 months of import cover, latest data shows. This is a significant increase from the US$276 million held at the time the ZiG was introduced in April 2024. The ZiG is backed by gold and…
ZIMBABWE’s foreign currency earnings increased by 39,1 percent to US$8,3 billion during the first five months of 2026, driven by robust economic growth momentum, official data reveals. According to the Reserve Bank of Zimbabwe governor John Mushayavanhu, the figure marks a significant increase from the US$6 billion recorded during the same period in 2025. He…
Simbarashe Hamudi THE government has enacted significant amendments to the Value Added Tax Act, introducing new provisions that impose export taxes on unbeneficiated chrome and antimony with effect from January 1, 2026. The changes, effected through the insertion of new sections after section 12H of the Act, are aimed at strengthening revenue collection, promoting value…
Jacqueline R. Tanhara WITH early climate models indicating an 80 percent probability of El Niño conditions returning in the 2026/27 agricultural season, Zimbabwe’s Ministry of Agriculture, Mechanisation and Water Resources…
An emotional Lewis Hamilton took his first victory for Ferrari in a compelling Barcelona-Catalunya Grand Prix as championship leader Kimi Antonelli retired from second place with four laps to go.…
Jackson T. Mashinge THE auditing profession is standing at the threshold of its most significant transformation since the advent of computerised accounting systems. Across global markets, a convergence of Artificial…
Leonita Mhishi FOR many Zimbabweans, few ambitions are as deeply personal as owning a piece of land or a home. It is the dream that drives countless hours in the…
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