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World Bank grants Zim US$1 Billion COVID-19 relief fund

THE World Bank has approved the US$1 billion loan Zimbabwe to help it close a gaping budget deficit and tackle the economic shocks from the coronavirus pandemic. Given Zimbabwean’s...

Gold Exporters Fuelling Currency Crisis

HARARE - The Reserve Bank of Zimbabwe (RBZ) says gold and tobacco exporters are behind the emergence of wades of new bond notes on...

Zimbabwe Civil Servants Declare 2-Day Strike

The Zimbabwe Confederation of Public Sector Trade Unions (ZCPSTU) yesterday announced that public service workers would strike tomorrow and on Thursday to press for...

Zimbabwe’s Largest Ferrochrome Producer Forecasts Output to Reach One Million Tonnes

VICTORIA FALLS - Zimbabwe’s ferrochrome output will rise by almost half to one million metric tonnes by 2022, from a projected 419 000 metric...

Zimbabwe’s Biggest Mortgage Lender Shuts Down Four Operations in Small Towns

HARARE - Zimbabwe’s biggest mortgage lender, CABS will be closing branches in four small towns in a review of operations in response to economic...