Foreign reserve assets: Why Zim needs to change its approach

For clarity, SDRs can be viewed as a generosity of the IMF, which are issued to all its member countries for free, mostly in times of severe crises.
By Kevin Tutani Nov. 24, 2023

Govt sets aside funds for coffee processing plant

Government announced during a post-Cabinet briefing last week that it would support coffee producers in Manicaland province with setting up the processing plant.
By Tatira Zwinoira Apr. 24, 2023

Govt avails US$22,5m SDR funds to boost value chains

SDRs are reserve assets issued by the IMF, backed by dollars, euros, yen, sterling and yuan.
By Freeman Makopa Apr. 16, 2023

Parly demands answers from Education ministry

“There was nothing on the utilisation of the US$10 million Special Drawing Rights; I told them to bring the draft after the holiday,” Moyo told NewsDay.
By Harriet Chikandiwa Apr. 13, 2023

IMF package boosts horticultural output

Launching the facility last year, Finance and Economic Development minister Mthuli Ncube said it would close funding gaps and help farmers improve production.
By Freeman Makopa Feb. 23, 2023

Matobo miner seeks to interdict ‘invaders’

In a judgment dated January 11, 2023, Bulawayo High Court judge Justice Maxwell Takuva ruled that the application against Duive Enterprises had been withdrawn.
By Patricia Sibanda Jan. 20, 2023

Banks profitability shifting towards dollarisation-IH

Zimbabwe's informal sector contributes more than 70% to gross domestic product or household savings achieved in foreign currency.
By Mthandazo Nyoni Jan. 8, 2023

Caps in tough Chibuku Cup draw

BY MUNYARADZI MADZOKERE STRUGGLING giants Caps United paid a heavy price for their poor form this season after they got a tough Chibuku Cup first round draw against Black Rhinos as this year’s edition of the competition returns to the knockout format. The 2022 Chibuku Super Cup draw was held in Harare yesterday with most […]

By The Southern Eye Jul. 27, 2022

We can qualify for World Cup: Musona

BY MUNYARADZI MADZOKERE WARRIORS captain Knowledge Musona believes the current crop of players have the capacity to qualify the country for the 2022 Qatar World Cup ahead of the first Group G match against South Africa. Zimbabwe host neighbours South Africa at the National Sports Stadium on September 3 to kick start their qualifying campaign […]

By The Southern Eye Aug. 22, 2021