By Adelaide Moyo, HARARE, January 19 (The Source) – Zimbabwe’s economy is expected to grow by one percent this year, picking up to 1,2 percent in 2019, the African Development Bank has said in its latest African Economic Outlook report.
HARARE, January 19 (The Source) – Zimbabwe government is considering setting up a tribunal to determine the value of compensation payable to white farmers who lost property during land reform programme, according to a government document.
HARARE, January 19 (The Source) – Zimre Holdings says it has secured regulatory approvals to consolidate its regional reinsurance assets into an entity that will list on the Botswana Stock Exchange.
HARARE, January 18 (The Source) – Finance Minister Patrick Chinamasa on Thursday raised the budget allocation for health by nearly a third to $520 million from $408 million and the Parliament’s allocation to $80 million from $57 million after Members of Parliament refused to pass… Read More
HARARE, January 18 (The Source) – Zimbabwe’s President Emmerson Mnangagwa says his country is open for business and that all foreign investment is safe, with investors able to repatriate profits.
HARARE, January 18 (The Source) – The Zimbabwe Revenue Authority (Zimra) on Thursday reported that annual gross collections for 2017 amounted to $3,98 billion compared to $3,4 billion in 2016 on increased use of plastic money and an effective anti-corruption drive.
HARARE, January 18 (The Source) – Zimbabwe will hold elections in four to five months, the state-owned Herald newspaper quoted President Emmerson Mnangagwa as saying on Thursday, the first time the southern african country will hold a vote that does not involve former president Robert… Read More
HARARE, January 17 (The Source) – An ailing long-time leader allegedly being taken advantage of by a faction that is using his wife. A presidential spokesman under attack. Party leaders responding to calls for new leadership with shouts of “there’s no vacancy.”
HARARE, January 17 (The Source) – Zimbabwe’s surrogate bond note currency will remain in use until the economy recovers enough to sustain its own monetary unit, finance minister Patrick Chinamasa has said.
By Kuda Chideme, HARARE, January 17 (The Source) – Government will assume Ziscosteel’s estimated $450 million debt in order to make the steel giant attractive to the Chinese firm R&F which has agreed to invest in the company, finance minister Patrick Chinamasa has said.
HARARE, January 17 (The Source) – The Parliamentary Portfolio Committee on Health and Child Care has proposed that Finance Minister Patrick Chinamasa introduces sin tax on sugary foodstuffs and drinks to raise funds for the health sector.
HARARE, January 16 (The Source) – Bitcoin plummeted more than 15 percent on Tuesday to trade below $12,000 globally after South Korea suggested that it could impose a ban on the trading of digital currencies.
HARARE, January 16 (The Source) – Losses in Econet and Innscor sent the ZSE Top 10 index lower by 1,02 percent on Tuesday amid profit-taking in the big cap counters.
HARARE, January 16 (The Source) – Deposit taking microﬁnance institution GetBucks’s $15 million bond, which was placed privately by way of a ‘tap issue,’ has had no takers so far due to low investor appetite for monetary assets, officials familiar with the matter said on… Read More
HARARE, January 16 (The Source) – Moribund steelmaker, Ziscosteel on Tuesday announced that it will be seeking approval from its minority shareholders to allow Government to assume its debt estimated at $450 million, and its takeover by Hong Kong firm, Tian Li.