Zim secures 76th rank on Henley Passport Index
Zimbabwe has climbed three places on Henley Passport Index 2024 to 76th rank from 79 last year though the number of countries allowed visa-free access to Zimbabwean passport holders remain … Read More
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Econet calls for fair tariff regulations
The country’s largest mobile network operator Econet Wireless Zimbabwe has called for fair regulation reflective of the cost structures for the sector, Business Weekly can report. This should entail a … Read More
Zim to service US$338m RBZ debt this year
Zimbabwe has established a debt redemption fund to facilitate the servicing of the US$338 million owed by the Reserve Bank of Zimbabwe (RBZ), due for repayment this year. The Treasury … Read More
Econet, Ecocash plot asset swap
Econet Wireless Zimbabwe (Econet) and EcoCash Holdings Limited (EcoCash), being companies under the same control, are negotiating the transfer of some non-banking assets from EcoCash to Econet in exchange for … Read More
World Bank revises Zim economic growth up to 3,5pc
The World Bank has revised upwards Zimbabwe’s economic growth projections both for 2023 and 2024 in its latest Global Economic Prospects report released last week. The Bretton Woods Institution says … Read More
RBZ avails US$4,1 billion to local companies to maintain price stability
THE Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction has allotted a total US$4,1 billion since its inception, maintaining the lead in being the largest local source of foreign currency … Read More
Retailers defy Government on prices
RETAILERS continue to ignore the Government’s directive to exempt certain basic commodities from Value Added Tax (VAT) by not reducing prices of goods, a move that is putting pressure on … Read More
US$4,1 billion disbursed through foreign exchange auction
The Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction has allotted a total of US$4,1 billion since its inception in 2020, maintaining the lead as the largest local source of … Read More
New firm to distribute electricity in the country
A local company Renewable Energy Hub has applied to the Zimbabwe Energy Regulatory Authority (ZERA) for an electricity distribution and retail license that will allow it to purchase power from … Read More
More price increases loom
The year opened with a spate of price increases on goods and services across the economy as new government taxes, fees and levies took effect. “In December, ZimStat [Zimbabwe National … Read More
