Finance Minister, Mthuli Ncube, this week revealed that there would be no rescue package for the City of Kwekwe to avert a water crisis in the short term due to serious complexities.But the failure to...
In the absence of an international bailout package, the Reserve Bank of Zimbabwe has presented a monetary policy statement strongly focused on domestic resource mobilisation aimed at reviving the prod...
Harare City Council says it is yet to receive the remainder of a loan to upgrade its water infrastructure from a Chinese bank, seven years after the deal was struck.Mayor Herbert Gomba said contrary t...
THE Zimbabwe Asset Management Corporation (Zamco) is in talks with Merlin Limited shareholders over a possible bailout that will assist the company to acquire new equipment to operationalise its new b...
ZIMBABWEAN banks have since last year been rejecting access to credit facilities from European banks for on-lending to productive sectors, citing the possibility of failure to repay the loans because ...
Zimbabwean banks have since last year been rejecting access to credit facilities from European banks for on-lending to productive sectors, citing the possibility of failure to repay the loans because ...
THE ministry of Industry and Commerce is making efforts aimed at prioritising the allocation of foreign currency to Bulawayo companies, so that they can import raw materials for their survival, an off...
ZIMBABWE is seeking $10 billion bailout from China to kick start the economy which is comatose following the re-election of President Robert Mugabe in July 31.The country, whose economy is stagnant, d...