SASOL, the world's largest maker of fuel from coal, is considering the sale of its gas assets in the island-state of Papua New Guinea."Sasol is considering divesting from Papua New Guinea," Alex An...
Minister of Economic Planning and Investment Promotion Dr Tapiwa Mashakada has assured possible investors over continued use of the multi-currency system at least until 2016.Mashakada allayed fears ...
RBZ governor Gideon Gono says Zimbabwe is not yet ready to have its own currency adding the country had to first address its burgeoning trade deficit.Gono said Zimbabwe remained heavily-dependent o...
The Reserve Bank of Zimbabwe (RBZ) has that the economy's full recovery remains hazy as long as the country continues to rely on imports of finished products.Addressing the media after the central'...
Government says there is a need to come up with a database of the informal industry so that it can contribute to national development through paying tax. While there are no official statistics on th...
Revival of industries and setting up new ones will come under the spotlight during the Zimbabwe International Trade Fair annual business conference next month. The one-day conference being co-hosted...
Reuters) - Cyprus clinched a last-ditch deal with international lenders to shut down its second-largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return f...
The World Economic Forum (WEF) has said Zimbabwe's policy environment is one of the least supportive in the world due to restrictive laws regarding foreign direct investment and property rights.&nbs...
A leading emerging markets economist says Zimbabwe's economy has the potential to grow to the size of Singapore by 2050 if it guarantees property rights, rafts effective agriculture and currency pol...
Euro-area finance ministers agreed to an unprecedented tax on Cypriot bank deposits as officials unveiled a 10 billion-euro ($13 billion) rescue plan for the country, the fifth since Europe's debt c...
Data released by the Zimbabwe National Statistics Agency (ZIMSTAT) on Friday shows that year on year inflation for February 2013 increased by 0,47 percentage points to 2,98 percent from ...
Edgars Limited MD Linda Masterson told an analyst briefing yesterday that low disposable income in the market and heavily indebted customers are negatively affecting the retail sector including the...
Zimbabwe surpassed its revenue target for February this year, after collecting $278 million against a target of $250 million as government seeks to consolidate efforts to raise funds for capital and...
ZIMBABWE'S economy may grow by 4 percent this year, lower than the Government's forecast. But the forthcoming national elections could lay the ground for a robust growth after the elections, a local...
The International Monetary Fund (IMF) has admitted that its failure to restore funding to Zimbabwe is delaying recovery of productive sectors.The IMF team which was in the country to assess economic...
Industry officials have said that anxiety over the forthcoming general elections and perceived risk is stalling the country's efforts to harness the much needed capital. Speaking at a one day-confer...
THE majority of Zimbabweans countrywide are in support of continued dollarisation of the economy introduced in 2009, a report by the Mass Public Opinion Institute (MPOI) says.The report, presented ...
Zimbabwe Statistics Agency has adopted a new Consumer Price Index (CPI) formula, with new weights and classifications in line with international guidelines. The new CPI takes effect from January, 20...
ZIMBABWE should focus on diversifying its export basket for it to lower the widening trade deficit, the African Development Bank has said. The country presently imports about US$7 billion worth of ...
Reports from Brussels, Belgium suggest that the United Kingdom has struck a deal with Belgium on the need for Marange diamonds to return to the European Union markets.According to the reports, Belgi...
MNCapital and Africonomie, leading International Investment Advisory and Institutional Business Development firms in association with SHAEM Investments, Zimbabwean Emerging Markets Advisory and Comm...
Zimbabwe's trade with South Africa reached US$5,8 billion in 2012 although the neighbouring nation enjoyed a trade surplus.Official data from the Zimbabwe National Statistics Agency (Zimstat) ...
The 2013 tobacco marketing selling season opened on Wednesday with beneficiaries of President Robert Mugabe's land reform programme forming the majority of those who brought their bundles to be ...
GRAIN millers around the country are facing difficulties sourcing grain locally and this has triggered an increase in mealie-meal prices, Grain Millers Association of Zimbabwe chairperson Mr Tafadzw...
The governor of the Reserve Bank of Zimbabwe, Gideon Gono, has warned that the country's overreliance on imports from South Africa could undermine Zimbabwe's economic recovery prospects.South Afric...
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