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Zim secures multi-million dollar jet deal

Mushshak is an Urdu (official Pakistan national language) word which translates to proficient.
By Tinashe Kairiza 20h ago
Health sector cautiously optimistic
Health sector cautiously optimistic
This month, Zimbabwe redenominated Zimbabwe dollar (ZWL) balances to ZiG, which is backed by gold reserves.
Residents say Harare meetings ‘mere talk shows’
Akili’s concerns were shared by Precious Shumba, director of Harare Residents Trust.
By Tanyaradzwa Kapuru 20h ago
US$5m Harare water project unsettles govt
Politburo meetings are traditionally held on Wednesdays, but it had to be moved to a Thursday, a fortnight ago.
By Tinashe Kairiza 20h ago
Let the world hear
Having attained his first Medical Degree at the University of Zimbabwe (UZ), Chidziva sought to further his education.
‘Reduce carbon emissions’
This is an innovation aimed at fostering green industrialisation and consequently affecting trade.
By Mthandazo Nyoni 21h ago
Interview: RBZ governor speaks on US$1b windfall
This is where some of the money went. But if you want a detailed list, it is available. The list of where the money went is all there, it is very clear.
By Vincent Mungofa and Tanyaradzwa Kapuru Apr. 26, 2024
Consumer markets in turmoil, stocks battered as ZiG settles… now, retailers warn delayed notes increasing US dollar addiction
ZSE’s All Share Index has plummeted by 99,95% since April 5, when the gold-backed currency was announced.
By Julia Ndlela Apr. 26, 2024
‘Inflation forecast unrealistic’
As such, monthly inflation rates are expected to be well below 1%, while annual inflation is projected to close the year below 5%.
By Mthandazo Nyoni Apr. 19, 2024
Zim pays high economic price for hefty infrastructure spend.
For most part, Zimbabwe is executing these projects from internal resources.
By Freeman Makopa Apr. 19, 2024
Fair game in Zim, China trade
Allan Majuru, chief executive officer at ZimTrade said on Monday the US$1,28 was a significant rise in Harare’s exports to Beijing during the period,
By Julia Ndlela Apr. 19, 2024
Uproar as Zimparks seals off Vic Falls …tourists barred to make way for private event
Tourism and Hospitality Industry minister Barbra Rwodzi said she was “out of the country until next week."
By Tinashe Kairiza Apr. 19, 2024
Arab twist to plunder ‘confirms deeply rooted criminal syndicate’
Mutsvangwa told reporters that an unnamed former Reserve Bank of Zimbabwe (RBZ) governor had struck a deal with the Arabs where Zimbabwe would exchange gold for US dollars.
By Julia Ndlela Apr. 19, 2024
Banks, Zimra struggle with ZiG switchover
The ZiG was introduced following the rapid depreciation of the Zimbabwe dollar (ZWL).
By Vincent Mungofa and Tinashe Kairiza Apr. 19, 2024
Advisory sees hefty spinoffs in RTG deal
Martin Smura board chairman and president for GMH, said at the signing ceremony in Cape Town last week that the benefits of the transaction were broad.
By Shame Makoshori Apr. 19, 2024
‘New currency averted systems crash’
It replaced  the Zimbabwe dollar (ZWL), which had to be decommissioned after depreciating rapidly against the US dollar, complicating an already dire economic situation.
ExecutiveChat: ‘Have been in banking all my life’
So what were your major highlights during your tenure as CEO of FBC?
By Faith Zaba Apr. 12, 2024
Investors brace for turbulence as ZSE shifts to new currency… Inter Horizon Securities sees early valuation headaches, distortions
After the ZSE’s All Share Index (ALSI) was rebased to 100 points during a drama-filled Monday to mark the first day of trade in ZiG, it gained 0,23% on Tuesday to close at 100,23 points.
By Shame Makoshori Apr. 12, 2024
Mushayavanhu refutes FBC shareholding claims
The learners, Nesbert Munyuki and Valentine Ziki, are represented by Zimbabwe Lawyers for Human Rights (ZLHR) lawyer Kossam Ncube.
By Freeman Makopa Apr. 12, 2024
GMB owes wheat farmers US$35m
GMB chief executive officer Edson Badarai told the Zimbabwe Independent that the parastatal was working on modalities to pay the farmers.
By Gamuchirai Nyamuziwa Apr. 12, 2024
Authorities rally behind ZiG
Persistence Gwanyanya, a member of the RBZ Monetary Policy Committee, told this publication that the government was focused on restoring confidence in ZiG.
By Blessed Ndlovu and Belinda Chiroodza Apr. 12, 2024
EU wants dialogue on investment climate
The proposal was made by EU ambassador to Zimbabwe Jobst von Kirchmann during a mission’s Private Sector Dialogue Seminar held in Harare this week.
By Sydney Kawadza Apr. 12, 2024
RTG rekindles African ambition with Swiss deal
The deal will market RTG’s return to African markets.
By Shame Makoshori Apr. 12, 2024
China writes off Zim debt deals
Zimbabwe currently owes a combined US$17,5 billion to foreign and local creditors.
By Tinashe Kairiza Apr. 12, 2024
‘I’ll crush the black market’ … RBZ boss vows to smash US$2,5bn menace, bring stability
Zimbabwe’s black market has so much power and influence to determine the exchange rate, which formal businesses have been whipped into accepting.
By Shame Makoshori Apr. 12, 2024
Zim gets a new currency today!
The currency launch will mark Mushayavanhu’s first move to tackle one of the country’s longest running crises.
By Shame Makoshori and Freeman Makopa Apr. 5, 2024
US investors flock to Zim despite diplomatic row
Although Zimbabwe has been under US sanctions since 2000, officials said the southern African country approved US$175 million worth of FDI proposals last year.
By Blessed Ndlovu and Tinashe Kairiza Apr. 5, 2024
Zent eyes solar energy market
Godfrey Mugaviri, managing director of Zent, told the Zimbabwe Independent that the plant will guarantee that all Zimbabweans have access to power and help to improve security of supply.
By Freeman Makopa Apr. 5, 2024