Zimbabwe Scraps State Cannabis Ownership Rules to Lure Investors

Zimbabwe abolished a rule which requires co-ownership between government and private investors in the cultivation of cannabis for medicinal use, seeking to encourage what the country...

Zimbabwe Stocks Temper Their Wild Ride as Inflation Moderates

Zimbabwe’s breakneck inflation rate is slowing and that’s prompting signs of normalcy in the local stock...

Zimbabwe to List Bond on Local Bourse for First Time in 20 Years

Zimbabwe plans to list a bond on the local exchange for the first time in 20...

Zimbabwe’s Biggest Bank to Cut Staff as Covid-19 Forces Rethink

Zimbabwe’s CBZ Bank Ltd., the country’s biggest lender, has begun voluntary job cuts as it deals with...

Zimbabwe Retains 7.4% Growth Target on Improved Farm Output

Zimbabwe’s Treasury is sticking to its economic growth estimate of 7.4%, even after the nation’s president...

Elephant Hunts For $70,000 to Fund Zimbabwe National Parks

Zimbabwe plans to sell the right to shoot as many as 500 elephants for as much...

Bank Fines, Suspensions Weighed by Zimbabwe for Currency Gouging

Zimbabwe is considering penalizing domestic banks, telecommunications operators and other businesses over what the government describes...

Zimbabwe Signs Pact With Russia’s Rosatom to Tap Nuclear Energy

The anticipated co-operation in the use of nuclear energy for peaceful purposes will provide alternative sources...

GE, PowerChina Hydro Project on Zambia-Zimbabwe Border Delayed

The developers of a $4 billion hydropower plant on the Zambia-Zimbabwe border delayed the project until...

Afreximbank Agrees to Reorganize $1.4 Billion Owed by Zimbabwe

The African Export-Import Bank has agreed to allow Zimbabwe to reorganize $1.4 billion of debt it...

Zimbabwe Is First African Nation to Allow Use of Indian Vaccine

Zimbabwe has become the first African country to authorize the use of India’s only homegrown coronavirus...

Insurer Old Mutual’s Zimbabwe Unit Sees Green Shoots in Ravaged Economy

Annual inflation in Zimbabwe rose in January to 362.6%, the first increase in six months....

Africa News: Zimbabwe, Zambia Kariba Dam Plant Upgrade Delayed by 2 Years

Upgrades to Kariba Dam, the main source of electricity for Zambia and Zimbabwe, have been set...

Zimbabwe Gross Revenue Collection for Fourth Quarter Over Target

The Zimbabwe Revenue Authority said gross collections for the fourth quarter of 2020 were around ZWL94.3 billion ($1.14...

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