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Monday, August 26, 2019
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Good news for River Ranch Mine

  CLAYTON MASEKESA THE Zimbabwe Consolidated Dia­mond Mining Company (ZCDC) has announced plans to re-open the defunct River Ranch Mine in Beit­bridge as part of...

Afreximbank mulls US$1bn AfCFTA shock absorber

NDAMU SANDU IN MOSCOW, RUSSIA The African Export-Import Bank (Afreximbank) is in discussions with the African Union (AU) to set a US$1bn facility to cushion...

Cyclone Idai weakens Zimbabwe’s export competitiveness

LIVINGSTONE MARUFU ZIMBABWE’s export promotion body, Zimtrade has said the country’s exports were left uncompetitive after Cyclone Idai destroyed Beira Port leaving companies to use...

Japan extends $21m grant for Makuti–Chirundu North–South Corridor

Tinashe Makichi HARARE - Japan has extended a grant aid of approximately $21 million to Zimbabwe for a road construction project earmarked to improve steep gradients on...

Buyers bring in $1 billion to buy golden leaf

LIVINGSTONE MARUFU/CHENGETAI ZVAUYA International tobacco buyers have mobilised US$1bn to buy the country’s golden leaf crop this year, a move expected to boost foreign currency...

Reforms will hurt interest groups, but they are necessary- IMF

Finance and Economic Development minister Mthuli Ncube is working on a reform programme that will see some parastatals and State owned enterprises (SOEs) merged, privatised or...

Why African airlines can’t compete

LAST year nearly 3,7 billion passengers took to the sky on commercial jets. Few would have giv­en much thought to exactly why their flight...

Zim to begin CDC facility drawdown by month end

LIVINGSTONE MARUFU ZIMBABWE will finally begin drawing down the Commonwealth Development Corporation (CDC) $100 million loan facility by year end after Government resolved monetary and...

Anxiety hits tourism players as RBZ conducts visits

BERNARD MPOFU Tourism players have been gripped by anxiety after the Reserve Bank of Zimbabwe this month carried on-site inspections, a development that evoked yesteryear...

Smart local investors and market participants factor-in global influences

CHRIS CHENGA Oftentimes it is not so apparent to local stakeholders that policy makers are caught right between satisfying the concerns of local market participants,...