‘A revived Zim is good for Africa’

Speech by Dr Akinwumi Adesina, President of the African Development Bank Group on Zimbabwe’s High Debt Resolution Forum Your Excellencies, It is good to see you all again! We gather…

Khaya Cement undergoing business transition

Tapiwanashe Mangwiro Listed cement producer, Lafarge Cement now trading as Khaya Cement, has said it is increasing its milling capacity and has invested in delivery trucks in order to recapacitate…

Exchange rate mispricing and threatening inflation

Note from ZNCC In the 2017 Mid-term Monetary Policy Statement, the Reserve Bank of Zimbabwe (RBZ) clearly and unequivocally spelt out the indispensable pre-conditions for the return of the local…

Crisis in SA is eroding a basic rule of monetary policy

A crippling energy crisis, a low growth environment and deteriorating fiscal metrics combined to push the rand to a record low last week. But the normal response of raising interest…

Hwange Colliery’s US$15 m recapitalisation kicks off

Business Writer Dual listed coal miner, Hwange Colliery Company, says it has entered into an equipment financing deal in which it will receive equipment worth US$15 million in the next…

Debt resolution process to test our willingness to change

Economy Uncensored by Tapiwanashe Mangwiro The country is on a drive to expunge its debt and be able to attract fresh capital inflows and multilateral loans in order to drive…

African central banks poised to hold rates as inflation softens

Most African central banks due to decide on interest rates in the next two weeks are set to keep them on hold as decades-high inflation eases after more than a…

Proposed mines minister additional powers clipped

Business Writer THE Parliamentary Legal Committee (PLC) has issued an adverse report against the Mines and Minerals Amendment Bill, to block proposals to grant the responsible minister certain powers, including…

Zim acquires 18 copters for emergency services

ZIMBABWE yesterday took delivery of 18 brand new helicopters from Russia that will go towards emergency air medical services, law enforcement and tourism, as the efforts at engagement and re-engagement continue to bear fruit under the Second Republic.

Work on the controllables

Arthur Marara Leading a business is not easy. I can even bring it closer to home, leading and running a business in Zimbabwe is not easy. But who said it…

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