President Emmerson Mnangagwa has unveiled a US$1.98 billion loan facility to be rolled out over the next decade to help farmers boost productivity and withstand the impacts of climate change through a...
By Staff reporter | Published: 26 August 2025
The Infrastructure and Development Bank of Zimbabwe (IDBZ) has launched an investigation into former senior manager Suckson Muswe, formerly known as Makwasha, over allegations that he inflated costs d...
By Staff reporter | Published: 24 August 2025
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...
By Staff reporter | Published: 30 June 2025
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...
By Staff reporter | Published: 21 April 2025
CALEDONIA Mining Corporation (Caledonia) says its unsecured $4 million overdraft facility in Zimbabwe has remained undrawn."The company currently has no plans to raise equity. Blanket has an unsecured...
By Staff reporter | Published: 01 October 2019
BELARUS has set sights on establishing a state-of-the-art dairy facility in Zimbabwe as part of efforts to improve milk production in the country.Lands, Agriculture, Water, Climate and Rural Resettlem...
By Staff reporter | Published: 05 May 2019
AGRIBANK has availed a US$6 million facility to livestock farmers as part of efforts to boost livestock production across the country. The financial institution has said it is targeting beneficiaries ...
By Staff reporter | Published: 26 April 2019
GOVERNMENT has swiftly moved to avert a potential catastrophe by availing an emergency US$400 million credit facility to manufacturing companies for the importation of critical raw materials, the Zimb...
By Staff reporter | Published: 19 January 2019
MOTORISTS using foreign registered vehicles in the country should use the electronic temporary import permit (eTIP) facility to avoid delays at ports of entry, the Zimbabwe Revenue Authority's Customs...
By Staff reporter | Published: 19 December 2018
Zimbabwe new dispensation got a shot in the arm after the Afreximbank and Reserve Bank of Zimbabwe signed $1.5 billion stabilisation facility.The deal was signed this Friday, Afreximbank headquarters ...
By Staff reporter | Published: 16 December 2018
AUSTRALIA Stock Exchange (ASX) listed Prospect Resources, says its Zimbabwean unit, Prospect Lithium Zimbabwe, has secured $10 million export finance facility from the Reserve Bank through CBZ Bank Li...
By Staff reporter | Published: 12 September 2018
The People's Own Savings Bank (POSB) says it will soon unveil a $10 million line of credit aimed at assisting exporters to secure foreign currency.A persistent trade deficit has plunged Zimbabwe into ...
By Staff reporter | Published: 07 September 2018
THE European Union (EU) has set up a $20 million facility to fight all forms of gender-based abuse and violence.EU Ambassador to Zimbabwe Philippe van Damme confirmed the development last week, saying...
By Staff reporter | Published: 23 July 2018
TEXTILE company, Merlin, expects to finalise arrangements on the $5 million funding facility from government in the next "few" weeks, an official has said.In his progress update report presented at th...
By Staff reporter | Published: 17 July 2018
NEDBANK Zimbabwe has availed a $75 million line of credit facility through its mother company, Nedbank South Africa under which pre-and post-shipment offshore finance will be offered to exporters.Spea...
By Staff reporter | Published: 12 July 2018
THE African Export Import Bank (Afreximbank) has disbursed over a third of the $25 billion facility meant to accelerate intra-African trade, the bank's president and chairman Benedict Oramah has said....
By Staff reporter | Published: 12 July 2018
A US$100 million commercial loan recently advanced by the United Kingdom (UK) government, through the state-run Commonwealth Development Fund (CDC), to Zimbabwe's private sector has been delayed by th...
By Staff reporter | Published: 22 June 2018
Finance and Economic Development Minister Patrick Chinamasa has hailed the US$100 million loan extended by the United Kingdom Finance Institution, CDC, as the first significant line of credit to come ...
By Staff reporter | Published: 17 May 2018
TOBACCO Industry and Marketing Board (TIMB) is set to roll out a $70 million input facility scheme ahead of the 2018/19 season to boost production of the golden leaf.TIMB spokesperson, Isheunesu Moyo ...
By Staff reporter | Published: 17 May 2018
COMPANIES in manufacturing and tourism industries will be the first beneficiaries of the Reserve Bank of Zimbabwe's $350 million facilities for entrepreneurs due to severe foreign payment backlogs and...
By Staff reporter | Published: 03 April 2018
Zimbabwe stands to benefit from a US$2 billion solar financing arrangement availed by the Government of India to several African countries, The Herald learnt last night.Vice President General Constant...
By Staff reporter | Published: 26 March 2018
Small-scale miners have bemoaned the failure by government to disburse the $50 million loan facility to support local companies involved in the manufacturing of mining and mineral processing equipment...
By Staff reporter | Published: 23 March 2018
The government's re-engagement efforts with multilateral finance institutions continue to bear fruit with the signing of a US$25 million trade finance agreement between the African Development Bank (A...
By Staff reporter | Published: 14 March 2018
The $15 million Tourism Revival Fund facility availed by the Reserve Bank of Zimbabwe to prop up the collapsing industry has been lying idle with the industry's players unaware of its existence, an ex...
By Staff reporter | Published: 28 February 2018
ZB Financial Holdings Limited is close to finalising a $20 million export facility from a regional institution aimed at supporting exporters.Speaking to NewsDay after the ZB Financial Holdings analyst...
By Staff reporter | Published: 19 February 2018
Top Zimbabwe business executive arrested for fraud 
South Africa is in serious trouble 
US halts visa services for Zimbabwean nationals 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Zimbabwe Agricultural Show 2025 kicks off 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
