Retailers have called on Government to establish a distress fund that will help re-capacitate and restock businesses that fell victim to the looting and vandalism that took place during last week's vi...
Finance and Economic Development minister Mthuli Ncube has proposed setting up a sovereign wealth fund (SWF) to help boost economic growth, but the plan is being hampered by a critical funding shortfa...
AIM - listed diversified miner, Vast Resources, says it is "well-funded" to implement its various projects going forward, including its Zimbabwean projects, the Eureka Gold Mine and the Heritage Conce...
There is a real sense of despair in the country. Perhaps it is a left over from the heady days when we celebrated the final departure of former President Robert Mugabe from office and welcomed a 'new'...
Government will recover all the money looted from the Zimbabwe National Road Administration (Zinara), President Emmerson Mnangagwa has said. An audit report by Grant Thornton unearthed massive looting...
Zimbabwe is set to receive $165 million of Chinese aid for the full construction of a new Parliament building in Mt Hampden, yet Finance minister Mthuli Ncube has allocated $3,8 million in the 2019 Na...
Zimbabwe requires $1,2 billion to finance new power projects and repair ageing infrastructure, a report by the African Development Bank (AfDB) has shown.Several of the country's thermal power stations...
China, a comprehensive strategic partner of Zimbabwe, feels its debt stricken ally has moved slowly towards seizing funding opportunities Beijing pledged at this year's Forum for China-Africa Co-opera...
Zimbabwe is prepared to provide guarantees to banks that will be financing agriculture to help plug the funding gap to the sector, according to Finance and Economic Development Minister Mthuli Ncube. ...
Government is mulling setting up a tourism revolving fund to support players in the sector to access credit facilities to boost big projects, Environment, Tourism and Hospitality Industry Minister Pri...
ENVIRONMENT, Tourism and Hospitality Industry minister Prisca Mupfumira has warned parastatals under her ministry to desist from corrupt tendencies that have crippled most parastatals and State-owned ...
THE National Pharmaceutical Company (NatPharm) is considering requesting Government to avail the Health Levy Fund (HLF) in foreign currency to make the procurement of medical drugs hassle-free. Speaki...
GOVERNMENT is set to avail funding to support ailing companies in the 2019 national budget to be announced this week and firms should formulate strategic value chains for effective growth, a Cabinet M...
INTERNATIONAL airlines operating in Zimbabwe are reportedly contemplating cancelling their routes after failing to recover a cumulative more than $130 million repatriation funds they are owed by the c...
NEWLY-MINTED Finance minister Mthuli Ncube this week set sail for the United States, together with President Emmerson Mnangagwa, for the United Nations General Assembly in New York where he will engag...
ZIMBABWE Revenue Authority (ZIMRA) has been caught on the wrong side of the law in collecting revenue and the High Court has ordered it to pay back $9,5 million it unlawfully garnished from a local mi...
THE Reserve Bank of Zimbabwe (RBZ) plans to flood the banking system with more transferable balances created through real time gross settlement (RTGS) intended to support gold exporters in a desperate...
THE $15 million Tourism Revival Fund facility availed by the Reserve Bank of Zimbabwe (RBZ) to prop up the collapsing industry has been lying idle for about seven months with only three industry's pla...
People's Rainbow Coalition (PRC) presidential candidate Joice Mujuru has ordered her council and parliamentary candidates to fund their own campaigns ahead of next weeks' elections.In correspondence t...
BULAWAYO businessman, Mr Raj Modi, plans to set up a revolving fund with initial $100 000 seed capital to assist small businesses in Bulawayo South.Addressing journalists in the city yesterday, the bu...
PRESIDENT Emmerson Mnangagwa's administration is frantically negotiating a critical US$2 billion bailout package with a top Chinese bank, the Industrial and Commercial Bank of China (ICBC), and other ...
BULAWAYO businessman, Mr Rajesh Modi, has set up a revolving fund to assist small businesses in Bulawayo South.He revealed this in an interview after addressing more than 50 vendors who had come for a...
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...
MDC-T breakaway faction leader, Thokozani Khupe, has challenged government to fund the training and deployment of polling agents for all political parties to ensure equal representation at all polling...
Gweru City Council has announced plans to set up a capital development fund that will assist in financing its future capital projects in a bid to move away from over reliance on rates and service fees...