adminAfDB projects Zim GDP at 1,3pc
Business Reporter— THE African Development Bank has projected Zimbabwe’s economy to grow by a conservative 1,3 percent this year; lower than forecasts by Government and International Monetary Fund of between…
Take up health care cover, Cimas urges
Kudakwashe Mhundwa Business Reporter CIMAS medical aid society says close to 92 percent of Zimbabwe’s population does not have health care insurance cover. Group chief executive Vulindlela Ndlovu attributed the high…
ATI boosts trade, investment in Zim
Business Reporter THE Africa Trade Insurance says it facilitated nearly half a billion dollars worth of trade and investment for two of its newest members, Zimbabwe, which joined last year…
Japan unveils $300m facility for Africa’s private sector
The Japanese Government and the African Development Bank (AfDB) have signed an agreement for an additional $300 million support under a running facility targeted at supporting Africa’s private sector. AfDB said…
Africa’s economy worth $3 trillion by 2030
JOHANNESBURG. – AFRICA is well on track to be a $3 trillion economy by 2030 through economies of nineteen countries that are expected to grow more than 5 percent in…
SA rand perks up
JOHANNESBURG. — The rand perked up yesterday morning, making a good impression at the start of a busy week, the highlight of which will be the Reserve Bank’s monetary policy…
Cabinet approves National Competition Policy
Business Reporter Zimbabwe will soon have a revised competition law in place after Cabinet recently approved the National Competition Policy, which is aimed at enhancing the ease of doing business. The…
Safari operators eye $100m revenue
The Safari Operators’ Association of Zimbabwe yesterday expressed optimism that revenue from trophy hunting would improve from $70 million last year to $100 million this year, buoyed by the favourable…
‘Rein in banks, or let the market work?’
NEW YORK. – The 2008 financial crisis was a global economic catastrophe that triggered years of new regulations designed to prevent another meltdown. Now that tide of rules is cresting,…
Tobacco farmers at their wits’ end
Obert Chifamba Agri-Insight Tobacco farmers’ woes at the auction floors started as a blooper by banks that was tolerable and mildly transgressive but it has evolved into a repetitive, insipid…