Zim receives US1bln SDR allocation

The country is today expected to receive its US$1 billion allocation of Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), with part of the critical recourses set to go toward revamping sectors such as health, manufacturing, agriculture and minerals resource extraction. 

African Sun concludes Dawn Properties acquisition

African Sun has fulfilled all the conditions precedent relating to the acquisition of the entire issued ordinary shares of Dawn Properties Limited.  

Chinamo to step down as SECZ boss

The Securities and Exchange Commission of Zimbabwe (SECZ) has announced chief executive officer Tafadzwa Chinamo, will step down from his position on January 2022.  

EcoCash transaction charges up 10 pc

EcoCash, one of the country’s largest mobile money platform, is set to adjust its transactional charges by an average 10 percent next month after receiving the greenlight from regulatory authorities.  

Stable economy drives Meikles performance

Hotel and retail concern, Meikles Limited’s performance for the quarter to June 30, 2021, improved compared to the same period in the prior year, largely riding on more stable national economic conditions.  

AfCFTA should enhance bio-diversity trading – UN

THE United Nations has called upon Africa to mainstream trade and bio-diversity to unlock wider economic potential under the African Continental Free Trade Area (AfCFTA).  

RBZ establishes collateral registry

THE Reserve Bank of Zimbabwe (RBZ) is working with BSystems Limited of Ghana to operationalise the collateral registry system by year end, after the appex bank awarded the company the tender for the database.  

Zim economy on great trek-RBZ

ZIMBABWE’s economy is hurtling forward on the great trek to recovery and growth, Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya says, adding a significant number of businesses already enjoying the spin-offs can attest to the growth. 

Chinamo to step down as SECZ boss

The Securities and Exchange Commission of Zimbabwe (SECZ) has announced chief executive officer Tafadzwa Chinamo, will step down from his position on January 2022. 

Zimbabwe makes progress on debt: AITA

The International Air Transport Association (IATA) says Zimbabwe is making progress on reducing debt owed under blocked funds that could not be repatriated from ticket sales, cargo space and other activities.

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