Nigeria’s renewed fuel subsidies worry IMF
- Herald LONDON. — The International Monetary Fund said yesterday it was concerned by Nigeria’s move to renew fuel subsidies and urged the government to...
IMF showers praises on Zimbabwe
- Herald THE International Monetary Fund (IMF) has lauded Zimbabwe’s resilience to Covid-19 while endorsing the significant progress made by the Second republic led by...
ZimCoke demands compensation
- Herald ZIMCOKE Private Limited, whose deal with former steel giant, Ziscosteel, was terminated by the Government last year, is reportedly seeking compensation from the...
Rural households’ income doubles
- Herald Average monthly incomes for rural households more than doubled this year compared with last year on the back of growth in food production...
IMF Doubles Forecast for Economic Growth in Zimbabwe on Harvest
- Bloomberg The International Monetary Fund almost doubled its economic growth forecast for Zimbabwe, citing a bumper harvest, improved power supply and an increase in manufacturing and...
RBZ in forex law U-turn
- Business times The Reserve Bank of Zimbabwe (RBZ) will only target abusers of the forex auction system as it made a U-turn on the...
Gold Rises After Biggest Loss in Five Months on Hawkish Fed Turn
- Bloomberg Gold edged higher after capping the biggest drop in five months as the Federal Reserve sped up its expected pace of policy tightening amid optimism...
Businesses still defy official bank rate
- Chronicle MOST companies in both the formal and informal sector have reverted to black market rate pricing in defiance of Statutory Instrument (SI) 127/2021...
NRZ-Turkish firm ink game-changing deal
- Herald The National Railways of Zimbabwe (NRZ) board is convinced that Turkish construction giant, Yapi Merkez, which has agreed to invest in the rehabilitation...
Zimra commences deducting mining royalties
-Herald THE Zimbabwe Revenue Authority (Zimra) has started executing its recently added mandate of deducting mining royalties, through banking institutions, on behalf of Treasury. The...