Economy

Economy

economy

"Maybe They Didn't Advise Us Properly", Mushayavanhu Blames World Bank For ZiG Shortcomings

“Maybe They Didn’t Advise Us Properly”, Mushayavanhu Blames World Bank For ZiG Shortcomings

Africa-Press - Zimbabwe. Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu has conceded that Zimbabwean authorities did not know much about structured currency and...
Harare Man Caught Up In Money Changer Blitz, Misses His Wedding

Harare Man Caught Up In Money Changer Blitz, Misses His Wedding

Africa-Press - Zimbabwe. A man from Warren Park, Harare, reportedly missed his wedding after he was caught up among more than 60 suspected illegal...
65 Money Changers Arrested In Harare

65 Money Changers Arrested In Harare

Africa-Press - Zimbabwe. Sixty-five suspected illegal foreign exchange dealers operating on the streets of Harare were arrested last week and were brought before the...
Financial Intelligence Unit Sanctions 11 Companies For Refusing ZiG Payments

Financial Intelligence Unit Sanctions 11 Companies For Refusing ZiG Payments

Africa-Press - Zimbabwe. The Reserve Bank of Zimbabwe (RBZ)’s Financial Intelligence Unit (FIU) says it has frozen bank accounts of 11 companies for exchange...
ZiG Banknotes Printed, Ready To Be "Drip-fed" Into Market - RBZ

ZiG Banknotes Printed, Ready To Be “Drip-fed” Into Market – RBZ

Africa-Press - Zimbabwe. The Reserve Bank of Zimbabwe (RBZ) has completed printing and minting the new Zimbabwe Gold (ZiG) banknotes and coins. This was...
ZETDC Clinches 500MW Solar Energy Deal With UAE-based Company

ZETDC Clinches 500MW Solar Energy Deal With UAE-based Company

Africa-Press - Zimbabwe. The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) recently signed a power purchase agreement with Skypower, a United Arab Emirates-based energy...
ZETDC Clinches 500MW Solar Energy Deal With UAE-based Company

ZETDC Clinches 500MW Solar Energy Deal With UAE-based Company

Africa-Press - Zimbabwe. The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) recently signed a power purchase agreement with Skypower, a United Arab Emirates-based energy...
Zimbabwe Asks US to Help Remind Banks That Sanctions Eased

Zimbabwe Asks US to Help Remind Banks That Sanctions Eased

Africa-Press - Zimbabwe. HARARE — Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions on the...
Zimbabwe expects IMF programme in second half of year, finance minister says

Zimbabwe expects IMF programme in second half of year, finance minister says

Africa-Press - Zimbabwe. HARARE – – Zimbabwe’s Finance Minister Mthuli Ncube said on Friday that a staff-monitored programme with the International Monetary Fund would...
Gang Kidnaps Chinese Businessman, Demands $120k Ransom

Gang Kidnaps Chinese Businessman, Demands $120k Ransom

Africa-Press - Zimbabwe. Eleven (11) people, including two foreigners and a church bishop from Harare, have been arrested for allegedly kidnapping a Chinese businessman...