China writes off Zim debt deals
Zimbabwe currently owes a combined US$17,5 billion to foreign and local creditors.
By Tinashe Kairiza
Apr. 12, 2024
AfDB helps Zim mobilises revenue
AFDB chief economist and vice president for economic governance and knowledge management Kevin Urama said the best way to address debt was to grow the economy.
By Melody Chikono
Apr. 7, 2024
Treasury deploys AfDB grants, seeks consultants
Zimbabwe’s failure to extinguish its external debt has blocked the country from receiving fresh loans and development support from most multilateral lenders and partners.
By Tatira Zwinoira
Apr. 3, 2024
AfDB, NMB Bank pen US$15m trade finance deal
Delegates from both institutions graced the signing ceremony at the NMB Bank headquarters in Harare yesterday.
By Tafadzwa Mhlanga
Mar. 8, 2024
Zimdollar worst performing currency: AfDB
Efforts to stabilize the Zimbabwean dollar included the introduction gold-backed digital tokens as well as Mosi-ao-Tunya gold coin.
By Mthandazo Nyoni
Feb. 23, 2024
Zim to benefit from AfDB’s US$40m Moza facility
This line generates more than 90% of rail traffic volume and comprises 70% of CFM's overall rail transport volume.
By Business Reporter
Feb. 9, 2024
Good day Mr President: United we stand, divided we fall
Yet, ancient wisdom implores us that united we stand, divided we fall.
By Cyprian Muketiwa Ndawana
Jan. 31, 2024
Zimbabwe’s ailing SOEs owe Chinese, Indian banks US$1.7b
According to the AfDB, SOEs which benefitted from the on-lent loans are now required to open dedicated debt servicing sinking funds to ensure timely debt servicing.
By Tatira Zwinoira
Dec. 31, 2023
Zim govt receives AfDB’s US$5,3m grant
The grant comes from AfDB’s African Development Fund that contributes to the promotion of economic and social development in 38 least developed African countries.
By Tatira Zwinoira
Dec. 29, 2023
Pumula residents, Chinese miner clash over noise
Local
By Innocent Magondo and Patricia Sibanda
Apr. 15, 2024
