THE government has appointed an 11-member board to oversee the affairs of the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz). The new board will be chaired by Sam Takavarasha…
SCORES of people, mainly from the banking sector, attended the launch of Relational Wealth, a book by banker and relationship strategist Betty Murambadoro, in Harare. The book revolves around the…
The establishment of a new state company intended to serve as a property portfolio and manage around 155 billion Rand ($9.2 billion) of South Africa’s assets is on the country’s radar as…
Oil smashed through $100 a barrel as more major Middle East producers cut output, though talks on a co-ordinated release of reserves took some heat out of the market wracked…
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…
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