TREASURY says it has reached a concession with the International Monetary Fund (IMF) on a Staff Monitored Programme (SMP), a crucial step toward restructuring Zimbabwe’s US$21 billion debt.The nine-month SMP …
finance
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THE property market has raised environmental and safety concerns about the mass exodus of businesses to residential areas, coupled with the new trend of cluster houses in low-density suburbs.Harare is …
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A sharp growth in the average selling price for crocodile skins at international markets rescued Padenga’s agribusiness earnings after the company experienced a eight percent drop in skin harvests during …
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THE United Kingdom (UK) envoy says his country is working extra hard to increase Zimbabwe’s ability to export to the UK, Europe, and around the world. UK Ambassador to Zimbabwe …
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CALEDONIA Mining Corporation (Caledonia) says it wants to capitalise on the current gold price rally to invest in cost reduction efforts which could lead to more efficiency in the long-term.The …
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THE Zimbabwe International Trade Fair (ZITF) Company has secured a partner to invest US$12 million in the construction of a modern trade exhibition and shopping centre in Bulawayo. The project …
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THE government is calling on accountants in the country to complement efforts in curbing illicit financial flows (IFFs), as the country looks to retain more capital for investment in productive …
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THE Zimbabwe Investment Development Agency (Zida) approved 207 new licences in the first quarter (Q1) 2025, up 44,8 percent from the same period last year thanks to improved investor confidence …
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ZIMBABWE must “prioritise the adoption of homegrown solutions to address the country’s pressing economic challenges” amid evolving global geopolitical dynamics, Vice President Constantino Chiwenga has said. This comes as calls …
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KAVANGO Resources, a London Stock Exchange-listed company with gold projects in Zimbabwe, has secured a US$5 million convertible loan note (CLN) facility from Zimbabwean pension funds. The CLN is interest-free …
