Zimbabwe
Illicit financial flows cost Zimbabwe over $500m in 2015
HARARE: ILLICIT financial flows have this year cost Zimbabwe more than $500 million, which is enough to buy about over...
MEIKLES Ltd records 15% increase in revenue
HARARE: Meikles-Hotel MEIKLES Limited recorded a 15 percent increase in turnover for the half year period ended September 30, 2015...
African Development Bank approves $53,24m to fund water projects
HARARE: The African Development Bank (AfDB) has approved a $53,24 million grant to fund water and sewer projects in Bulawayo,...
National Social Security Authority loses $11,4m in closed banks
HARARE: The National Social Security Authority (Nssa) — mandated to provide social security to workers — has all but lost...
Man arrested in drugs smuggling case
MUTARE: A man from Chikanga has been caught trying to smuggle 72 diamonds out of the country in his underwear....
Chinese firm signs to agreement with Zimbabwe Govt
BEIJING: A Chinese multinational information technology firm, the Inspur group on Tuesday signed an agreement with the Zimbabwe government which...
RBZ must needs banks to disclose interest rates
HARARE: RBZ must require banks to disclose the interest rates that they charge upfront, and to declare to borrowers in...
Zimbabwe’s finance minister forecast 2.7% growth for 2016
HARARE: Zimbabwe’s finance minister forecast a 2.7 per cent growth for next year, but analysts fear this is too ambitious,...
Zimbabwe JA Solar wins $179m contract to supply
HARARE: Nasdaq Stock Exchange-listed JA Solar has won a $179 million contract to supply photo voltaic panels for Munyati solar...
National Railways of Zimbabwe to inject $10 mln towards rehabilitation
HARARE: The National Railways of Zimbabwe will inject $10 million towards the rehabilitation of tractive power, communication, track and yard...
Mozambique Zimbabwe’s second largest regional trading partner after S. Africa
HARARE: Mozambique has become Zimbabwe’s second largest regional trading partner after South Africa, absorbing 18% of the country’s exports in...
Blanket imports to Zimbabwe drop 98%
HARARE: Blanket imports to Zimbabwe have dropped by about 98 percent from $500,000 worth of products to $11,000 since removal...
Zimbabwe authorities arrest man for smuggling diamonds in underwear
MUTARE: A man from Chikanga has been caught trying to smuggle 72 diamonds out of the country in his underwear....
Zimbabwe authorities arrest man with 72 diamonds
MUTARE: A man from Chikanga has been caught trying to smuggle 72 diamonds out of the country in his underwear....
Zimbabwe Stock Exchange market capitalization low
HARARE: The Zimbabwe Stock Exchange market capitalization declined for the ninth consecutive month, shedding 9,38 percent to $3,66 billion in...
Zimbabwe sets up special committee to review of Insolvency law
HARARE: Zimbabwe has set up a special committee to fast-track the review of the Insolvency Act as part of measures...
Seed Co receives $50 mln from regional banks for local, foreign operations
HARARE: Seed Co Limited has received $50 million from regional banks for its local and foreign operations so far this...
Econet Wireless adds $300 mln to debt stock in Zimbabwe
HARARE: Econet Wireless has added to its huge debt stock after announcing yesterday it will get $300 million of the...
Nampak Zimbabwe records 5% decline in revenue
HARARE: Packaging group Nampak Zimbabwe recorded a five percent decline in revenue to nearly $96 million in the full-year to...
Zimbabwe Econet global obtains $500mln Chinese loan facility
HARARE: Zimbabwe’s largest telecommunications firm, Econet Wireless, will get at least $300 million out of a $500 million loan facility...
