Search results for 'Funding'
Companies
To encourage ESG practices, lenders should pledge to fund no coal projects

Many lenders have turned to reduce lending to coal, oil, and gas projects while increasing their exposure to renewable energy in an effort to reduce their net carbon emissions to zero by 2050. We will

Apr 04, 2023
World
EU Suspends Funding for Zim

The European Union has discontinued its financial assistance of US$5 million to the Zimbabwe Electoral Commission (ZEC), the electoral body of the country, in the aftermath of the contested 2023 gener

Sep 20, 2023
Zimbabwe
Multichoice's Calculated Move: Can Showmax Stand Netflix’s Supremacy?

Multichoice, a leading African broadcasting company recently made headlines with its strategic move to increase funding for its streaming platform, Showmax. This move comes in response to the growing

Feb 06, 2024
Zimbabwe
With Deteriorating Health Services, How Much Has Government Allocated for Health Sector?

he Zimbabwe government has allocated ZiG28.3 billion to the Ministry of Health and Child Care for the year 2025. When converted to United states dollars (USD) at the official bank rate of ZiG26 per d

Dec 03, 2024

Top Stories

A Looming Dark Christmas: Zimbabwe's Power Sector in Shambles

Zimbabwe is likely to face a dark festive season due to persistent power outages. The continued nationwide blackouts and inadequate power generation, which fails to meet demand, support this predicti

Dec 18, 2024

Zimbabwe Achieves Wheat Self-Sufficiency Setting New Record: A Closer Look

Zimbabwe's agricultural sector has achieved a landmark milestone, with the country's wheat harvest reaching an unprecedented 563,961 metric tons (MT) as of the latest update. This is according to the

Dec 18, 2024

Drought Threatens Regional Power Supply: What Lake Cahora Bassa's Water Level Erosion Means for Zimbabwe

Zimbabwe's struggles with power challenges have extended beyond its borders, affecting one of its key electricity import sources. The Cahora Bassa dam in Mozambique's Tete province has reached a crit

Dec 17, 2024

Tanganda Returns to Profitability as Avocado ,Tea Booms

Tanganda Tea, a company listed on the Zimbabwe Stock Exchange (ZSE), has made a remarkable turnaround, recording a profit after tax of USD1.4 million for the year ended 30 September 2024. This is a si

Dec 16, 2024

Zimbabwe's Power Supply Plummets to Lowest Level in Over 12 Months

Zimbabwe's power generation has plummeted to its lowest level in over 12 months, with daily electricity production hitting a dismal 736 MW on December 16. This marks a new low for 2024, surpassing the

Dec 16, 2024

Zimbabwe’s Electricity Import Bill Jumps 45% in Q3

The Zimbabwe National Statistics Agency (Zimstat) has revealed a significant 45% uptick in electricity imports, with the country bringing in 611.1 gigawatt-hours (GWh) during the third quarter of 2024

Dec 16, 2024

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

28 Zimbabwe-Linked Gold Mafia Members Placed on U.S. Sanctions

The United States and United Kingdom have imposed stringent sanctions on individuals implicated in gold smuggling and money laundering operation based in Zimbabwe, effective December 9, 2024.

Dec 10, 2024