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Friday, August 23, 2019
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Fresh bid to rescue Dangote deal

Ndamu Sandu Government has made a fresh bid to finalise an investment deal by Aliko Dangote, nearly three years after Africa’s richest man expressed interest...

Pension scheme membership falls

Phillimon Mhlanga The Insurance and Pensions Commission (IPEC) says the number of people paying into pension schemes fell by 2 419 to 578 801 in...

ZESA consumer debt balloons to $1,5 billion

Phillimon Mhlanga HARARE - Debt to the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has ballooned by 50 percent to $1,5 billion over the past...

What next after elections?

Staff Writers The new administration that will be elected next week has to embark on austerity measures to contain runaway government expenditure, economic analysts have...

ED launches $4,2 billion Karo Resources platinum project

Tinashe Makichi in Mhondoro-Ngezi MHONDORO- Zimbabwe will emerge as a global leader in platinum production within the next 10 years following the completion of new...

Mega deals don’t always take off

Mega deals should not be at the centre of an investment push, but rather focus should be on small investments which are able to...

RBZ to receive $500 million Afreximbank nostro stabilisation facility

Livingstone Marufu HARARE - The Reserve Bank of Zimbabwe (RBZ) has negotiated for a $500 million nostro stabilisation facility with the African Export-Import Bank (Afreximbank) to...

Germany demands payment of debt

Bernard Mpofu Germany has asked Zimbabwe to settle its outstanding financial obligations owed to Berlin before the southern African nation can fully reengage with Europe’s...

Afreximbank guarantees Zim investments

Ndamu Sandu The African Export and Import Bank (Afreximbank) has provided a guarantee fund which provides insurance cover to foreign investors in a massive boost...

Govt set to construct airport in Manicaland, says ED

New $40 million Birchenough Bridge also on the cards Moses Matenga MUTARE - President Emmerson Mnangagwa says the Zimbabwe Revenue Authority (Zimra) and the business...