HARARE, December 12 (The Source) – The African Export Import Bank (Afreximbank) said on Tuesday it will avail up to $1.5 billion in credit to Zimbabwe and provide guarantees to foreign investors looking to invest in the southern Africa country.
HARARE, December 12 (The Source) -The National Social Security Authority (NSSA) says it has invested $17 million towards its Dzivarasekwa housing project, through its wholly owned mortgage lender, National Building Society (NBS).
By Angels Sibindi CDFA, HARARE, December 12 (The Source) – “Those who defy the markets will eventually lose. They may lose slowly, or lose in a spectacular collapse, but they will lose.” Mark S. Lawson opined in 2011.
HARARE, December 11 (The Source) – The Zimbabwe National Chamber of Commerce (ZNCC) says nearly half of the informal sector players engage in corrupt activities to sustain their businesses, showing the extent of graft in the economy.
HARARE, December 11 (The Source) – Gains in nickel miner Bindura lifted the mining index by three percent on Monday to close at 136,78 points while the main industrial index opened weaker on growing confidence on the country’s economic direction.
HARARE, December 11 (The Source) – Australian-listed junior miner Prospect Resources says the change of government in Harare bodes well for its future growth because of its focus on promoting inward investment.
HARARE, December 10 (The Source) – The Zimbabwe Stock Exchange mainstream index shed 10,16 percent to close the week on 335,97 points, on losses in selected heavyweight counters as punters see positives in the country’s economic direction. The mining index however gained 4,67 percent to… Read More
HARARE, December 8 (The Source) – Zimbabwe’s finance minister Patrick Chinamasa says country’s cash crisis will not be resolved overnight, saying he is minded to tackle the widening budget trade deficit.
HARARE, December 8 (The Source) – Patrick Chinamasa virtually sang and danced through his budget speech like a newly freed slave on Thursday.
By Professor Anthony Hawkins, HARARE, December 8 (The Source) – If all goes according to plan, finance Minister Patrick Chinamasa’s 2018 budget will be remembered chiefly for its promised repeal of the Indigenisation Act, except for the diamond and platinum industries.
HARARE, December 7 (The Source) – Finance Minister Patrick Chinamasa on Thursday presented the first budget under the presidency of Emmerson Mnangagwa, seen as key to Zimbabwe’s economic recovery by restricting thresholds of the controversial Indigenisation Act to platinum and diamonds while re-engaging foreign debtors… Read More
HARARE, December 7 (The Source) – Finance minister Patrick Chinamasa on Thursday presented the country’s 2018 budget which focused on cutting government spending. We give you the highlights.
HARARE, December 7 (The Source) – Mineral export receipts are projected to grow 8,7 percent to $2,5 billion next year from $2,3 billion in 2017 driven by the anticipated output growth and modest recovery in international mineral prices.
HARARE, December 7 (The Source) – Some reactions to the 2018 National Budget, which was presented by Finance Minister, Patrick Chinamasa on Thursday.
HARARE, December 7 (The Source) – Zimbabwe’s economy will grow by 3,7 percent this year, rising to 4,5 next year, finance minister Patrick Chinamasa said on Thursday as he presented the 2018 national budget with a $5,8 billion envelope.