Power shortages cost Zimbabwe 6.1 percent of GDP annually, says World Bank

Zimbabwe's efforts to achieve high economic growth and attain upper-middle-income status by 2030 are being hindered by unreliable power supply. The country faces frequent and prolonged...

Chinese firm ventures into prohibited sector

Redcliff—Livetouch Investments (Pvt) Ltd, a Chinese cement manufacturer based in the Midlands town of Redcliff, has...

Zimbabwe enforces ethanol blending, bans unleaded petrol

The Zimbabwean government has banned the sale of unleaded petrol in a bid to retain the...

Zimbabwe’s forex rule stunts horticulture recovery, growers say

'The funding that was available through commercial banks is very short-term and perennial plantation crops don’t...

Unilever Exits Zimbabwe After 80 Years, Shifts To Local Distributors

After 80 years in Zimbabwe, British multinational company, Unilever, is exiting the country and will use...

Time Bank dangles US$35 billion Zimbabwe rescue package

Ambitious kitty earmarked for displaced farmers, unlock funding for business and complement government’s debt resolution strategies...

Zimbabwe: First it ditched the dollar, now rushing for it, at a cost

Nearly five months after changing its currency to arrest inflation, Zimbabwe is back in familiar territory...

No Need For Excitement Over “Undelivered Vehicles”, Guvamatanga Tells Auditor General

The Permanent Secretary of the Ministry of Finance, Economic Development and Investment Promotion, George Guvamatanga, has...

Why is the world silent about Zimbabwe?

Dear Editor, In recent years, Zimbabwe has witnessed significant political and economic turmoil, often accompanied by reports...

Casual labour tops household income for rural Zimbabweans

Casual labour remains the dominant source of income for rural households with 40 percent of families...

Zimbabwe ZiGs As Currency Zags

The Zimbabwean dollar is in trouble. It has lost most of its value. So Zimbabwe unveiled...

Mnangagwa Confirms Structure To “Drip Feed’ ZiG Into Economy

Finance, Economic Development, and Investment Promotion Deputy Minister David Mnangagwa said that the Zimbabwe Gold (ZWG)...

Zimbabwe to get 300 000-ton corn delivery to aid drought impact

Zimbabwe’s population consumes 2.2 million tons of corn annually but the country expects to harvest 744...

Zimbabwe’s Currency Still ZiG Despite Code Change To ZWG

Effective June 25, 2024, Zimbabwe’s currency code has been changed from ZWL to ZWG, though the...

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