Search results for 'economic development'
Zimbabwe
Government Amends Sovereign Wealth Fund Act: Will It Revive Struggling State-Owned Enterprises?
The government has implemented a strategic amendment to the Sovereign Wealth Fund Act, effectively enabling the Mutapa Investment Fund to leverage state-controlled assets as collateral for debt financ
Nov 26, 2024
Zimbabwe
October External Trade Overview: Trade Balance Improves, Gold Surge, Fuel, Maize Imports Dominates- Key Drivers Revealed
Harare- Zimbabwe's trade deficit narrowed in October 2024, despite remaining in the red. According to data from Zimstat, total exports reached US$698 million, representing a 16% year-on-year decline f
Nov 28, 2024
Zimbabwe
Tax Net Widens: 2025 Budget Introduces New Levies on Sports Betting, Informal Traders, Fast Foods and More
As the government grapples with the challenge of raising capital amid significant debt levels that hinder access to credit and strained diplomatic relations with Western nations, it has shifted its fo
Nov 29, 2024
Zimbabwe
Government Seeks Bigger Slice of Mining Pie: Is the 26% Proposed Stake Feasible?
Last week, in an interview with global media outlet Bloomberg, the government hinted at plans to introduce a 26% shareholding in all future mining projects and also negotiate with the already settled
Dec 16, 2024
Zimbabwe
Government Commences Compensation Payments, Marks Milestone in Economic Reforms
The Government of the Republic of Zimbabwe is demonstrating its unwavering commitment to honoring Bilateral Investment Protection and Promotion Agreements (BIPPAs) by compensating investors whose prop
Feb 12, 2025
Top Stories
Zimbabwe's Inflation Surge in Local Currency, USD Enters Deflation: Comparative Analysis with SADC Peers
Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut
May 29, 2025Unifreight Projects US$32 Million Turnover for FY2025, Betting on Cross-Border, 4PL Units
Unifreight Africa is projecting a FY2025 top line of US$32 million building on its latest investments in Fourth-Party Logistics (4PL) and Cross Border Units which came online barely 12 months having l
May 27, 2025