Zimbabwe Seeks Bids for New Sugar Milling Plant to Rival Tongaat

(Bloomberg) -- Zimbabwe has invited bids from local and international investors to set up a new sugar plant to make the industry more competitive....

Australian businesses bought into controversial carbon credit scheme to regenerate Zimbabwean forest

Australian businesses have bought into a carbon credit scheme that promised to regenerate Zimbabwean forest but...

Mozambique’s Government Revokes Concession for the Mozambique-Zimbabwe Fuel Pipeline

Mozambique’s Council of Ministers has decided that the Mozambique-Zimbabwe Pipeline Company [CPMZ] is no longer the...

Mines ministry fails to recover US$14 million Hwange loan

ZIMBABWE’S Mines ministry has failed to recover a US$14 million loan extended to financially beleaguered Hwange...

AirZim planes unaccounted for

ACTING Auditor-General Rheah Kujinga has exposed the rot at Air Zimbabwe which includes financial books that...

Zimra can’t account for ZW$1 billion

THE Zimbabwe Revenue Authority (Zimra) has failed to account for millions of dollars in tax and...

Zimbabwe extends multi-currency system to 2030

HARARE (Reuters) - Zimbabwe's government will maintain its multi-currency system, anchored by the U.S. dollar, to...

Multi-currency system valid until 2030

PRESIDENT Emmerson Mnangagwa has extended the use of the multi-currency system until December 2030....

Switzerland injects US$60 million for developmental projects in Zimbabwe

SWITZERLAND has launched a US$60 million fund under a new bilateral cooperation programme with Zimbabwe, as...

IMF Staff Concludes Staff Visit to Zimbabwe

Harare: An International Monetary Fund (IMF) staff team led by Wojciech Maliszewski conducted a staff visit in...

Zimbabwe’s export receipts fall to 3.6 bln USD

HARARE (Xinhua) -- Zimbabwe's export receipts fell to 3.6 billion U.S. dollars from January to September...

RBZ slashes interest rates

THE Reserve Bank of Zimbabwe(RBZ) has slashed interest rates from 150 percent to 130 percent per...

Rapid dollarisation to stymie Zimbabwe’s plan to drop greenback

The Zimbabwe dollar has had a rocky history....

Zimbabwe plans to drop US Dollar in 2025, but scepticism abounds

Zimbabwe's largest independent asset manager predicts that the US dollar will continue to be the dominant...

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