‘Global shocks stretching African economies’

The report noted that African economies have been fighting an economic impasse, including payment difficulties and the ongoing crises, which have made it harder for them to pull free.
By Mthandazo Nyoni 37m ago
Pushback as Victoria Falls council boss clings to power
Pushback as Victoria Falls council boss clings to power
The framework stipulates that heads of local authorities can only serve a maximum of two four-year term limits.
By Tinashe Kairiza 1h ago
New tax to hit commercial properties
As part of the Zimbabwe Revenue Authority (Zimra)’s plan to improve revenue inflows into state coffers, residential properties worth US$250 000 attract a one percent tax.
By Tafadzwa Mhlanga 1h ago
US$150m assets seized in crackdown
In 2020, Zimbabwe’s Unexplained Wealth Orders were enacted into law through an insertion of a new provision into the Money Laundering and Proceeds of Crime Act of 2013.
By Tinashe Kairiza 1h ago
Conference tackles restrictive legislation on capital markets
The first thing that it does is it helps in terms of research, so you would research on matters that pertain to the capital markets.
By Melody Chikono Jun. 7, 2024
Inaugural capital markets indaba: What they said ...
Regular workshops for journalists on financial market reporting can enhance their understanding and coverage of the industry.
By Zimind Jun. 7, 2024
Govt tightens screws on cotton contractors
He spoke as farmers said they were still owed up to US$5 million for last season’s deliveries by the State run Cottco Holdings, the country’s biggest player.
By Julia Ndlela and Tafadzwa Mhlanga Jun. 7, 2024
ESG practices are now a must for current, future investments
Institutional lenders and financiers are currently pouring billions in United States dollars towards supporting ESG projects.
By Melody Chikono Jun. 7, 2024
ZSE bids to revive debt market
A debt market is a financial instrument on which debt securities with a tenor of one year and above are issued, listed and traded.
By Melody Chikono Jun. 7, 2024
Fresh push for PPC, Old Mutual return to ZSE
Fungibility speaks to the ability of a good or an asset to be interchanged with other individual goods or assets of the same type.
By Melody Chikono Jun. 7, 2024
Female vendors play hide, seek to survive street wars
The vendors are only a fraction of over five million Zimbabweans who have turned to street trade due to high unemployment and limited job opportunities.
By Julia Ndlela Jun. 7, 2024
Exposed: CIO’s secret money-spinning firms
The deals easily established an empire of significant clout, tapping into logistics, property, tobacco and cotton.
By Shame Makoshori Jun. 7, 2024
AfDB bemoans limited concessional loans for the continent
AfDB president Akinwumi Adesina urged a rethink on how the global financial architecture was serving Africa and what needed to be
By Melody Chikono Jun. 6, 2024
AfDB meetings underscore need for human capital development
AfDB’s human capital and skills development director Martha Phiri said the social transformation of Africa was at the centre of the bank’s programming this year.
By Melody Chikono Jun. 6, 2024
AfDB seeks mutual ties with World Bank
This comes as it is simplifying its business processes, and further collaborating with other multilateral development banks (MDBs) to promote mutual reliance.
By Melody Chikono Jun. 3, 2024
AfDB boss pushes for digital infrastructure in Africa
The AfDB boss was speaking last week during a five-day annual meeting of the bank held in Nairobi, Kenya.
By Melody Chikono Jun. 3, 2024
‘Green Bombers’ return triggers fears of violence
The “Green Bombers”, as graduates from the programme are commonly referred to as, have in the past been associated with violence against Zanu PF opponents.
By Tinashe Kairiza May. 31, 2024
SecZim gears for capital markets conference
SecZim chief executive officer (CEO) Anymore Taruvinga told the Independent that the capital markets conference will play a leading role in mobilising resources.
By Melody Chikono May. 31, 2024
Zacc warns of hurdles to govt’s Vision 2030
The Zacc boss added that the commission evaluated compliance at government ministries and organisations through spot checks and assessments, and the results were startling.
By Staff Writer May. 31, 2024
Bank workers plot Sadc offensive against Stanchart
This was part of a broad strategy that saw the banking giant leaving poorly performing emerging markets assets.
By Julia Ndlela May. 31, 2024
Zim mines hit crisis point... tougher actions struggle to stem effects of tapering prices
Platinum miners, Zimplats and Mimosa are some of the mining companies that have retrenched staff to remain viable.
By Mthandazo Nyoni May. 31, 2024
Probe exposes ‘dodgy’ oil, vehicle deals
The elections were won by President Emmerson Mnangagwa and Zanu PF.
By Tinashe Kairiza May. 31, 2024
Business tycoon hails US$1,5bn steel project
Last Thursday's Africa Day presentation ran under In Conversation with Trevor banner, an online television show presented by media mogul Trevor Ncube.
By Shame Makoshori May. 31, 2024
Zim divides global banks
According to Treasury, Zimbabwe’s total capital requirement stands at US$40 billion.
By Melody Chikono May. 31, 2024
Kuvimba piles lithium ore as prices dip
KMH is among a motley of companies, whose shareholding was transferred to Mutapa Investment Fund (MIF) that was established last year.
By Tinashe Kairiza May. 24, 2024
Mike Bimha can’t match Machacha: Mutsvangwa
Machacha is the principal at the Herbert Chitepo School of Ideology.
By Freeman Makopa May. 24, 2024
Stanchart leaves trail of ‘distress’... pensioners petition London head office over looting claims
Timmy Nheru, managing director at Minerva, refuted the allegations, saying: “The information is readily available. The pensioners never asked to see those documents.”
By Mthandazo Nyoni May. 24, 2024
‘New houses must take climate change into consideration’
Kitio said with worries over the effects of traditional buildings on climate escalating, measures to limit the carbon footprint were immediately required.
By Julia Ndlela May. 24, 2024