EU to continue supporting Zimbabwe
EUROPEAN Union Ambassador to Zimbabwe, Timo Olkkonen has said food aid must not be politicised as this goes against the principles of humanitarian aid. Amb Olkkonen said this while addressing… Read more »
Category: Global
Zim in severe crisis, economy to contract says UN
HARARE – (FinX) Zimbabwe’s economy will register a negative growth 2.5% in 2020 from a negative 5.5% growth in 2019 owing to foreign currency shortages, elevated public debt and uncontrolled… Read more »
Zim submits 6 projects for China’s consideration
Zimbabwe has submitted six new projects for consideration by China to enhance economic cooperation between the two countries. The projects were submitted through a ministerial team chaired by Foreign Affairs… Read more »
Exports between Harare and Dubai improve
Exports from Harare to Dubai went up significantly, with more than 2 000 tonnes of cargo having been moved between the two cities in the past year through the Emirates… Read more »
Zim technical team Russia-bound
A technical team from Zimbabwe is expected to visit Russia early next year to follow up on agreements signed between the two countries this year, as relations between Harare and… Read more »
World Bank manager speaks on state enterprises
Government officially launched the Public Entities Corporate Governance Act last Wednesday. The law seeks to enforce a culture of good corporate governance in State Enterprises and parastatals (SEPs). Further, the… Read more »
Zim edges closer to oil discovery
AUSTRALIA Stock Exchange (ASX) listed Invictus Energy, says geo-chemical tests on rock samples from its Muzarabani prospect, Mashonaland Central Province, have further affirmed possible existence of oil deposits on its… Read more »
America Says Zimbabwe Understated Financial Support in National Budget
WASHINGTON — A senior United States official working in Zimbabwe has questioned development aid figures released recently by Finance Minister Mthuli Ncube in the 2020 national budget statement, saying the… Read more »
World Bank rules out financial bailout to Mnangagwa
THE World Bank (WB) has ruled out a possible financial bailout to President Emmerson Mnangagwa’s government for now, saying Zimbabwe will only continue to benefit from technical assistance, analytical work,… Read more »
Modi markets services sector at world forum
ZIMBABWE’S services industry is contributing more than 50 percent to the country’s Gross Domestic Product (GDP) and has potential to contribute even more. Industry and Commerce Deputy Minister Raj Modi… Read more »