Invest Wisely
THE Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has underscored the need to leverage diaspora remittances for development as part of a broader package of measures geared at cushioning … Read More
AUSTRALIAN energy firm, Invictus Energy Limited, says it has identified a strong presence of methane, ethane, propane, butanes and pentanes consistent with its Mukuyu-2 drill site original wellbore in Muzarabani, … Read More
The Reserve Bank of Zimbabwe (RBZ)’s Monetary Policy Committee (MPC) has kept the bank policy rate at 130 percent, as it reaffirmed its commitment to continue with the tight monetary … Read More
Zimbabwe has projected its total debt service for 2024 to reach $4, 2 trillion, the new Treasury report shows. This figure breaks down into $3,3 trillion allocated towards maturing Treasury … Read More
A TOTAL of 46 active Independent Power Projects (IPPs) with a capacity to generate over 200MW, are feeding 54.58MW into the national grid and the Government is rolling out a … Read More
THE International Monetary Fund (IMF) and the World Bank (WB) have pledged to support Zimbabwe’s current development and growth trajectory, in a vote of confidence for economic reforms being implemented … Read More
THE Government is negotiating external loans worth US$330 million to finance the national budget gap for 2024, according to a report on public debt released by the Treasury last week. … Read More
HARARE – The government has taken a significant step to boost the value of lithium exports by requiring lithium companies to create lithium carbonates rather than less valuable lithium concentrates, … Read More
GOVERNMENT will convert the US$300 Covid-19 cushioning allowances paid to civil servants into a salary beginning January 2024 while introducing a two-cent taxation on sugary beverages including alcohol. The taxation … Read More
Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube in his proposed budget statement said the country plans to borrow in order to fund its 2024 budget deficit. … Read More
