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The US International Development Finance approved a loan of as much as $99 million to help finance Mozambique’s first utility-scale wind-power project. DFC will also provide $80 million in political risk insurance to Globeleq Africa, which is developing the 120-megawatt project near Namaacha in the south of the nation, the…
FORMER Finance minister and Citizens Coalition for Change (CCC) Tendai Biti is being accused of breaching section 20 of the schedule to the Legal Practitioners Code of Conduct that proscribe engaging in conduct that is likely to either diminish public confidence in the legal profession. Law firm, Scanlen & Holderness…
ZIMBABWE and the World Bank have signed a US$6,6 million financing agreement for the Zimbabwe Covid-19 Emergency Response Project (ZCERP).…
BancABC is the first bank to launch Mastercard and Zimswitch co-branded cards Collaboration will see BancABC introduce several card innovations including a Home and Away card that links to both a local currency and foreign currency account Cards can be used for contactless payments, as well as for e-commerce,…
Tendai Makaripe UPON entering the Hopley community, a suburb situated about 16km south of Harare’s central business district, one is welcomed by a hive of activity as residents go out of their way to earn a living.…
THE Agricultural Bank of Zimbabwe (Agribank) says it is seeking prescribed asset status for a new batch of agro-bills worth $100 million, as it continues to expand its financial support to the agricultural sector.…
ZIMBABWE’S former majority shareholders in Botswana-based multinational grocery and general merchandiser, Choppies Enterprises, are suing politician and lawyer Welshman Ncube, for allegedly withholding cash they received when a shareholding dispute was settled.…
