Economy still handicapped but better
The Zimbabwe economy is still handicapped even though economic figures are certainly better than nine months or so ago, according to economist John Robertson.
Supreme Court trashes Gwanda solar contract ruling
The Supreme Court has quashed a 2019 High Court judgment, which validated the contract between Intratrek Zimbabwe and Zimbabwe Power Company (ZPC) for the multi-million dollar Gwanda solar project.
RBZ to restructure onerous Afreximbank loans
The Reserve Bank of Zimbabwe (RBZ) is working on restructuring its debts with African Export-Import Bank (Afreximbank) amid concerns that the loans are an onerous burden to the economy.
RBZ disburses US$1,7bn to over 3 000 importers
The Reserve Bank of Zimbabwe (RBZ) has disbursed US$1,176 billion for critical imports to over 3 000 importers since the inception of the weekly auction in June last year.
Imported software blamed for high banking charges
FINANCE and Economic Development Deputy Minister Clemence Chiduwa has said the cost of imported software is a major driver of high bank charges being levied by financial institutions to depositors.
Treasury commences stakeholder input for mid-term budget
Treasury is currently in the process of taking in input for the upcoming mid-term fiscal review, as well as the 2022 Budget Strategy paper (BSP) from key stakeholders.
Bill to expunge legacy debts on cards
Payment of legacy debts could take a bit longer depending on the route affected parties would have chosen to have the debts expunged, Business Weekly has learnt.
Masimba to maintain growth trajectory
Construction firm, Masimba Holdings Limited, is expecting to maintain its growth trajectory with a strong order book, withstanding the volatile environment precipitated by the Covid-19 pandemic.
GetBucks records subdued profit
Financial services provider, GetBucks Microfinance Bank’s performance for the first quarter to March 31, 2021 was subdued with after tax profit falling 78 percent as effects of Covid-19 persisted.
Escrow Group partners Kenya’s NSE
Diversified fintech group – Escrow Group, has partnered the Nairobi Securities Exchange (NSE) in developing the Unquoted Securities Platform (USP) which allows non-listed firms raise capital in a transparent manner in Kenya.











