A UNITED Kingdom-based international financial consultancy firm, ICG Capital and Finance Corps Limited - in partnership with five top-tier United States banks - has tabled a US$5 billion debt restruct...
By Staff reporter | Published: 03 May 2019
GOVERNMENT will use the poverty index to prioritise disbursement of funds to facilitate development at local level in line with the devolution drive, Finance and Economic Development Minister, Profess...
By Staff reporter | Published: 26 April 2019
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...
By Staff reporter | Published: 03 December 2018
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. ...
By Business Weekly | Published: 30 November 2018
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...
By Staff reporter | Published: 20 November 2018
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...
By Staff reporter | Published: 21 September 2018
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 ...
By Staff reporter | Published: 20 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
THE three local non-governmental organisations (NGOs), whose foreign funding was last week unilaterally cut by the United States Agency for International Development (USAid) on allegations of gross mi...
By Staff reporter | Published: 06 July 2018
THE Infrastructure Development Bank of Zimbabwe (IDBZ) risks losing the $12 million funding for the construction of hostels for the National University of Science and Technology (Nust) students if the...
By Staff reporter | Published: 06 July 2018
Choppies chairperson, Festus Mogae has written a strongly worded letter to Choppies Zimbabwe's 51% shareholder, former vice president, Phelekezela Mphoko, demanding that he relinquish his Choppies sha...
By Staff reporter | Published: 04 July 2018
THE United States has suspended funding to several civil society organisations after investigations exposed non-compliance with set principles, and gross abuse of funds meant to oil regime change mano...
By Staff reporter | Published: 02 July 2018
GOVERNMENT has upped television production funding through the ongoing Zimbabwe Digital Broadcasting (ZimDigital) migration project.For long, local filmmakers have struggled due to lack of funding but...
By Staff reporter | Published: 24 June 2018
The World Bank is concluding funding requirements for Zimbabwe as part of processes to start lending to the southern African country, Finance and Economic Planning Minister Patrick Chinamasa has said....
By Staff reporter | Published: 22 June 2018
MDC-T, the biggest opposition party in the MDC Alliance, has been hampered in its election campaign by lack of funding, in sharp contrast to the ruling Zanu PF which is riding on a massive war chest t...
By Staff reporter | Published: 08 June 2018
Finance and Economic Development Minister Patrick Chinamasa has dismissed speculation that the Reserve Bank of Zimbabwe (RBZ) was funding the black market through selling foreign currency.Minister Chi...
By Staff reporter | Published: 11 May 2018
Government has secured US$153 million from China for the expansion of the Harare International Airport with reconstruction work set to start in November.The China Export Import Bank has extended the l...
By Staff reporter | Published: 02 May 2018
FBC Holdings chief executive John Mushayavanhu says banks' acceptance of 99-year leases as collateral does not serve as a guarantee of funding to the holders.Mushayavanhu pointed out that 99-year leas...
By Staff reporter | Published: 04 April 2018
The Zimbabwe Electoral Commission (ZEC) needs 60 million to prepare for and hold the 2018 harmonised elections due in a few months time.The commission is looking through the voters roll to ensure ther...
By Staff reporter | Published: 13 March 2018
The International Monetary Fund (IMF) plans to help the government with taxation reform policies under its technical assistance plan pending resolution of debt clearances owed by Zimbabwe to other mul...
By Staff reporter | Published: 07 March 2018
SHARP differences have emerged between Britain and its counterparts in the European Union over the funding and support to be given to President Emmerson Mnangagwa's administration ahead of the make-or...
By Staff reporter | Published: 09 February 2018
Australian based mining firm Prospect Resources on Wednesday said it has raised $10 million via a private placement of 166 million shares, which will be used to accelerate development of i...
By Staff reporter | Published: 02 February 2018
An audit to identify roles that are duplicated in Government's Ministry of Tourism and Hospitality Industry and the Zimbabwe Tourism Authority (ZTA), is stalling due to lack of funding, it has emerged...
By Staff reporter | Published: 10 January 2018
AIM-listed Premier African Minerals says it is in discussions with the National Indigenisation and Economic Empowerment Board (NIEEB) to agree on alternative financing options for the cash-strapped RH...
By Staff reporter | Published: 09 January 2018
A plan to re-open a smelter at Bindura Nickel Corporation (BNC)'s Trojan Nickel Mine has stalled after the company ran out of funding, an offical has said.BNC managing director Batirai Manhando told a...
By Staff reporter | Published: 15 December 2017
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
