Burkina Faso has adopted a new National Development Plan (PND) 2026–2030, a $64 billion, five-year roadmap aimed at reshaping the economy, strengthening stability, and promoting inclusive growth. The plan represents…
THE Reserve Bank of Zimbabwe (RBZ) has tightened rules governing foreign investment financing and stepped up oversight of sustainable finance in a bid to protect the country’s foreign currency reserves and align with international standards. Presenting his Monetary Policy Statement, RBZ governor John Mushayavanhu warned that the growing reliance on debt by foreign investors was…
THE local currency, the ZiG, is trading at almost half its implied value, a disparity that Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu says reflects a lingering “confidence gap” the central bank has been working to close over the past two years. Zimbabwe operates a multi-currency system dominated by the US dollar, alongside the…
THE Insurance and Pensions Commission (Ipec) has reviewed its minimum reinsurance standards framework in a move designed to reduce foreign currency outflows and bolster the local insurance industry. The revised framework came into effect in January this year. In a circular to the industry, the regulator said the changes were intended to ensure that a…
THE government says partnerships with the private sector are essential for tertiary institutions to adopt new and emerging technologies, drive innovation, and support Zimbabwe’s broader economic development agenda. Speaking at the Midlands State University (MSU) Alumni Reunion in Gweru on Friday, the minister of Higher and Tertiary Education, Frederick Shava, said such collaborations would help…
MUTAPA Energy Minerals will begin the construction of a lithium concentrator plant at Mberengwa-based Sandawana Mine next month. Speaking to journalists after a tour of Sandawana Mines, a division of Mutapa Energy Minerals, on Wednesday, Mutapa Energy Minerals chief executive Innocent Rukweza said the concentrator plant is expected to be up and running by December…
By Ephraim Chawoneka ENVIRONMENTAL, Social and Governance (ESG) is no longer a global trend limited to large multinational companies. It is becoming a part of how businesses, investors, and institutions…
ZIMBABWE’S wildlife conservation drive has received a significant boost after the announcement of a one million euro grant to support habitat preservation and wildlife protection in the Hwange-Matetsi-Zambezi landscape. International Fund for Animal Welfare (IFAW) Zimbabwe country director Alleta Nyahuye yesterday said the funding would strengthen ongoing conservation efforts in the region. “Zimbabwe’s conservation efforts…
International Monetary Fund Managing Director Kristalina Georgieva said the war in the Middle East will test global economic resilience and warned that “new shocks in different shapes and sizes” will…
By Bothwell Nyajeka ABOUT 10 years ago, I experienced my first cybersecurity incident. It started with what appeared to be an innocent email sent to our finance department. The message…
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