News

19 May 2016

The government has drafted a Diaspora policy, which seeks to tap into remittances that are estimated to be about $1,8 billion per annum.

19 May 2016

The African Development Bank (AfDB), the OECD Development Centre and the United Nations Development Programme (UNDP) will release their joint African Economic Outlook 2016.

18 May 2016

The new Banking Act came into effect on Friday last week, giving the Reserve Bank of Zimbabwe more latitude to tighten bank supervision, monitoring and control while diluting controlling individual or bank holding shareholder influence on banks. 

17 May 2016

China’s economy leaves nobody indifferent. The world is watching closely as the second largest economy in the world is shifting its growth model from an export-driven one to one centered on household consumption.

16 May 2016

The printing of the bond notes under a $200 million export incentive facility will be monitored through an arrangement involving the buyer, supplier and financier, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said.

16 May 2016

Egypt has replaced South Africa as the second largest economy in Africa, the International Monetary Fund said in a report about the World Economic Outlook.

16 May 2016

Economic experts at the ongoing World Economic Forum in Kigali have called on African countries to abolish visa requirements in order to facilitate increased trade and talent movement within the continent.

13 May 2016

CABINET has approved a Bill to set up the National Competitiveness Commission which will look at eliminating distortions and policy inconsistencies associated with doing business in Zimbabwe.

13 May 2016

AFTER being appointed as Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mangudya issued his inaugural statement on May 7 2014, which identified “the lack of liquidity and its limited circulation within the economy” as “the biggest immediate chal

12 May 2016

The Reserve Bank of Zimbabwe(RBZ) has with immediate effect scrapped the apportionment of foreign exchange receipts into rand and euros and applied 5 percent export incentive in US$ into authorised dealers’ RTGS accounts for exports.

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