Lower growth forecast for Zimbabwe as drought ravages crop yields – Minister

By Reuters HARARE: Zimbabwe has revised its economic growth forecast downwards as southern Africa’s worst drought in decades ravages crop
Read More

Mozambique President says in negotiations with Zimbabwe to extend rail line to Botswana

By clubofmozambique.com MAPUTO: Mozambican President Filipe Nyusi announced Monday that his government is in negotiations with the Zimbabwean authorities to
Read More

RBZ says USD reserves backing new currency increase $370 million from $285 million

By Bloomberg HARARE: Cash and mineral reserves backing Zimbabwe’s new currency have risen to approximately $370 million from $285 million
Read More

Zimbabwe consumer prices steady in June as ZiG calms inflation

By Bloomberg News Zimbabwe’s monthly consumer prices were unchanged as the nation’s stable bullion-backed currency helped put a lid on
Read More

IMF says Zimbabwe’s ZiG currency has ended bout of instability

By Bloomberg The International Monetary Fund says the introduction of a bullion-backed currency by Zimbabwe in the second-quarter of this
Read More

Zimbabwe ramps up nationwide power cuts as Kariba Water levels plunge

By Ray Ndlovu, Bloomberg Zimbabwe has ramped up power cuts across the country as water levels at the world’s largest man-made
Read More

Old Mutual studying Zimbabwean proposal over shares frozen since 2020

By Bloomberg News Old Mutual Ltd. is studying a proposal to give holders of its Zimbabwean stock an option to
Read More

China’s Tsingshan $1 bln steel plant in Zimbabwe starts production

By Reuters MVUMA: China’s nickel giant Tsingshan Holding Group has started production at its $1 billion steel plant in central
Read More

As debt arrears reach US$6.7 billion peak, Zimbabwe seeks global assistance

By Ava Thompson Zimbabwe’s Finance Minister Mthuli Ncube confirmed the country’s escalating debt arrears reaching a peak of US$6.7 billion.
Read More

Contango Holdings soars as it lands new investment deal for Zimbabwe project

By proactiveinvestors.co.uk LONDON: Contango Holdings shares soared in Monday’s early deals after it unveiled a new deal which promises to unlock
Read More