Delays In Approval Of US$1 Billion Mvuma Iron & Steel Plant: ZESA Not Directly Involved

The Zimbabwe Electricity Supply Authority (ZESA) says it is not directly involved in the processes to establish a 97km long high voltage powerline whose delay has...

Economist Warns Against Issuance Of US Dollar-denominated Salaries

Top economist, Vince Musewe has warned against the issuance of US dollar-denominated salaries saying the move...

ZESA Attributes Power Outage In Parts Of Harare To Overloading

Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of the Zimbabwe Electricity Supply Authority (ZESA)...

Coal seam fires destroy lives in Zimbabwe 

Coal seam fires are leaving dozens of Zimbabwean children disabled, but no one claims responsibility for...

Zimbabwe doubles spending as it targets growth of 5.5% in 2022

Part of the money will be channeled to infrastructure and state-owned companies, including to recapitalise the...

Tax-free thresholds reviewed upwards

The government has revised upwards the tax-free thresholds, a development set to cushion many Zimbabweans whose...

Zimbabwe power firm agrees $110 mln Afreximbank financing deal

JOHANNESBURG, Nov 19 (Reuters) - A subsidiary of Zimbabwe's state-owned power company has signed a $110...

Should Zimbabwe Be Made Kimberley Process Chair?

The recent Kimberley Process Plenary in Moscow featured—as expected—mostly familiar squabbles and an all-too-familiar lack of...

Tongaat to be majority held by Mauritius-based firm amidst debt woes

South African sugar producer Tongaat Hulett said on Wednesday Mauritius-based investment firm Magister will underwrite half...

Zimbabwe’s Government Breaks With its Own Currency Policy

Zimbabwe appears to be undermining its own currency as it struggles with inflation. ...

Dirty dollars: how tattered US notes became the latest street hustle in Zimbabwe

In country hit by hyperinflation, a shortage of dollars means those struggling to survive can make...

IMF Staff Concludes Article IV Mission to Zimbabwe

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit...

Civil servants to get US dollar bonuses

GOVERNMENT has announced that civil servants will receive their bonuses in foreign currency with the highest...

South Africa’s rand firms; focus on local polls results, Fed meeting

JOHANNESBURG (Reuters) - The South African rand rose in early trade on Wednesday, but hovered near...

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