Vested interests blocking parastatals reforms

Zimbabweans should not expect wholesale state enterprises and parastatals (SEPs) reforms anytime soon as the plans continue to face strong resistance and frustration from line ministries that own them.

Edible oil makers in forex quandary

Zimbabwe’s edible oils manufacturers have reportedly relapsed into an acute foreign currency crisis amid revelations prices for imported crude cooking oil have shot up nearly 100 percent on the global market.

Covid-19: India’s once in a bluemoon budget in trouble

India’s annual budget in February was lauded by many and raised hopes it would drive a sharp economic revival, but there are now fears that its promise may fall flat as it did not account for a crippling second wave of Covid-19 infections.

Treasury explains private sector loan guarantees

THE implementation of the $18 billion Covid-19 stimulus financing for the private sector is still ongoing and the Government is providing only 50 percent guarantee through local banks.

What you need to know about lint trading

Lint, or processed cotton is one of Zimbabwe’s major agricultural export commodity. 

Africa Infrastructure Fund’s US$1bn loan book

The Private Infrastructure Development Group’s (PIDG) long-term infrastructure debt business, the Emerging Africa Infrastructure Fund (EAIF) saw its loan book break through the US$1 billion mark in 2020, with Zimbabwe becoming the 18th African country in its current portfolio.

Zim misses privatisation targets

Zimbabwe has largely missed its privatisation targets nearly three years after Government embarked on reforms of state—owned entities to enhance their performance. 

Commodities boom of 2021 facing big test

One of the biggest commodities booms in decades is looking for a fresh reason to power higher.

Is gold future for Padenga?

Padenga’s FY2020 numbers certainly appear to point to the group’s positive yields from its decision to diversify into gold production. 

Invictus Energy board ropes in Mtizwa

FORMER Delta chief executive officer (CEO) Joe Mtizwa, has been appointed non-executive director and deputy chairperson of Australia Stock Exchange (ASX) oil and gas exploration junior, Invictus Energy Limited.

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