Muzarabani oil and gas prospects near final stages

By ZBC Reporter Muzarabani Oil and Gas exploration are well on course with consultations between the contracted Australian Company Invictus Energy and the local communities entering penultimate stages. The extractive…

Experts welcome lifting of sanctions penalty against CBZ

By ZBC Reporter ECONOMISTS say the lifting of CBZ bank’s US$385 million penalty by the US treasury will enable the country’s biggest financial institution to play a key role in…

Productive sector loans from banks up by 83%

By ZBC Reporter LOANS to productive sectors of the economy have risen by more than 80 percent to over $20 billion during the first half of this year. Latest central…

CBZ gets relief from US treasury

By ZBC Reporter ZIMBABWE’s biggest bank by asset base, CBZ Bank, can now freely do business with international financial institutions after being cleared of a US$385 million penalty by the…

Manufacturing sector eyes stability in production

By Stanley James Zimbabwe’s manufacturing sector is targeting survival policies through a national survey aimed at assessing the impact of Covid-19 and economic policies on production. The Manufacturing Sector Survey…

Prices of goods show sustained stability: Dr Mangudya

By ZBC Reporter Economic experts say the country needs to build on gains that have been made in the management of the exchange rate and money supply which has led…

COVID-19 slows down expansion of Zimbabwe’s major power plant

By Xinhua HARARE: A 1.5 billion U.S. dollars project to expand Zimbabwe’s biggest coal-fired power plant by 600 megawatts by Chinese firm Sinohydro has fallen behind schedule due to travel…

‘Food, Agricultural Systems Strategy huge step towards revamping economy’

By Owen Mandovha The launch of the Agricultural and Food Transformation Strategy by President Emmerson Mnangagwa has been described as another huge step towards achieving an upper-middle-income economy by the…

COVID-19: Private sector urged to cushion employees

BY Owen Mandovha LABOUR unions have called upon the private sector to follow the government’s lead in cushioning workers in face of the Covid-19 pandemic. The threat of the Covid-19…

WATCH: Finance Minister addresses Africa Development Bank meeting

2020 Annual Meetings Governor Statement, Zimbabwe from AfDBGroup on Vimeo.