THE Treasury has highlighted rising debt service costs, including a significant increase in Special Drawing Rights (SDR) interest rates, as a major financial concern. (more…)
STATE-OWNED telecommunications company, TelOne, says it has invested an average of US$10 million annually in the last three years to improve its network. (more…)
THE African Development Bank (AfDB) expects Zimbabwe's economy to grow by 3,6 percent this year, slightly higher than the 3,5 percent projected by the government. (more…)
BRICK manufacturer Willdale the brick has expressed concern over the immediate impact of the imposition of value-added tax (VAT) on clay bricks. (more…)
THE CEO Africa Roundtable has highlighted the need for rectification of the complex monetary system in Zimbabwe to facilitate the opening of the credit market and provision of long-term funding. (more…)
THE Zimbabwe Investment and Development Agency (ZIDA) says it has issued a total of 1 083 new licences since its inception in 2020 suggesting rising investor interest in the country. (more…)
FINANCE minister Mthuli Ncube says African governments should not grant special economic zone (SEZ) status to mining companies and instead prioritise promoting beneficiation. (more…)
THE Ministry of Finance has allocated a portion of the African Development Bank's funding to empower Zimbabwe Anti-Corruption Commission (ZACC) officers with skills to address leakages and abuses of public resources. (more…)
OPINION remains divided over whether authorities should encourage greater local use of the South African rand in light of the country’s continuing currency and prices woes. (more…)
FINANCE Minister Mthuli Ncube says the International Monetary Fund’s (IMF) supervised economic reform plan for Zimbabwe will run until next year. (more…)