ZESA Broke, Set To Increase Tariffs As Power Cuts Worsen: Watchdog

Harare—The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is battling obsolete equipment and acute financial problems, a situation that will worsen resurgent power cuts, the Harare...

Zimbabwe Worker Exodus Intensifies With Economy in Meltdown

Years of mass migration from Zimbabwe has gained fresh impetus as an economic meltdown continues unabated,...

Zimbabwe wants new IMF staff-monitored programme by April

HARARE (Reuters) - Zimbabwe hopes to agree a new staff-monitored programme with the International Monetary Fund...

Recent company sales in Zimbabwe send signals on government’s preferred bidders

In 2017, when Barclays sold its Zimbabwe business to FMB Capital, a foreign bank, it became...

Zimbabwe launches gold coins to cushion economy

Zimbabwe has introduced a new gold-backed digital currency as it battles to stop re-dollarization....

Undesignated vendors in Bulawayo pose Cholera threat, warns Council

Councillors in Bulawayo have expressed concern over the possibility of a Cholera breakout in the city...

Zimbabwe: Entrepreneur braves multiple obstacles to build food company

How Lesly Marange, founder and CEO of Zimbabwe-based Glytime Foods, started and grew a food company amid...

Exploring Investment Opportunities in Zimbabwe: A Growing Frontier

Zimbabwe, once known as the "breadbasket of Africa...

Electronic government procurement system ready for commissioning

ZIMBABWE’s public procurement process is being digitalised to plug loopholes in the system and curb fraudulent...

Vision 2030 achievable, says Afreximbank vice-president

With concerted efforts from all stakeholders Zimbabwe can achieve its vision of becoming an upper-middle income...

Zimbabwe eyes local dollar reforms

The government is seeking to restore the Zimbabwean dollar as a stand-alone currency in five years...

Sovereign wealth fund of Zimbabwe renamed ‘Mutapa investment fund’

In a major development with far-reaching constitutional, legal, economic and political implications, @edmnangagwa has used the...

BRICS’s messaging about de-dollarization could get even messier if Zimbabwe joins the group’s bank

A former Zimbabwe finance minister said there could be an economic "disaster" if the current administration...

AFC holdings lays out roadmap for financing 2023/ 2024 summer cropping season

STATE-OWNED Agricultural Finance Corporation Holdings (AFC) has committed to supporting the 2023/ 24 summer cropping season...

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