A UNITED Kingdom-based international financial consultancy firm, ICG Capital and Finance Corps Limited - in partnership with five top-tier United States banks - has tabled a US$5 billion debt restruct...
GOVERNMENT will use the poverty index to prioritise disbursement of funds to facilitate development at local level in line with the devolution drive, Finance and Economic Development Minister, Profess...
Zimbabwe is set to receive $165 million of Chinese aid for the full construction of a new Parliament building in Mt Hampden, yet Finance minister Mthuli Ncube has allocated $3,8 million in the 2019 Na...
Zimbabwe is prepared to provide guarantees to banks that will be financing agriculture to help plug the funding gap to the sector, according to Finance and Economic Development Minister Mthuli Ncube. ...
GOVERNMENT is set to avail funding to support ailing companies in the 2019 national budget to be announced this week and firms should formulate strategic value chains for effective growth, a Cabinet M...
NEWLY-MINTED Finance minister Mthuli Ncube this week set sail for the United States, together with President Emmerson Mnangagwa, for the United Nations General Assembly in New York where he will engag...
PRESIDENT Emmerson Mnangagwa's administration is frantically negotiating a critical US$2 billion bailout package with a top Chinese bank, the Industrial and Commercial Bank of China (ICBC), and other ...
TEXTILE company, Merlin, expects to finalise arrangements on the $5 million funding facility from government in the next "few" weeks, an official has said.In his progress update report presented at th...
THE three local non-governmental organisations (NGOs), whose foreign funding was last week unilaterally cut by the United States Agency for International Development (USAid) on allegations of gross mi...
THE Infrastructure Development Bank of Zimbabwe (IDBZ) risks losing the $12 million funding for the construction of hostels for the National University of Science and Technology (Nust) students if the...
Choppies chairperson, Festus Mogae has written a strongly worded letter to Choppies Zimbabwe's 51% shareholder, former vice president, Phelekezela Mphoko, demanding that he relinquish his Choppies sha...
THE United States has suspended funding to several civil society organisations after investigations exposed non-compliance with set principles, and gross abuse of funds meant to oil regime change mano...
GOVERNMENT has upped television production funding through the ongoing Zimbabwe Digital Broadcasting (ZimDigital) migration project.For long, local filmmakers have struggled due to lack of funding but...
The World Bank is concluding funding requirements for Zimbabwe as part of processes to start lending to the southern African country, Finance and Economic Planning Minister Patrick Chinamasa has said....
MDC-T, the biggest opposition party in the MDC Alliance, has been hampered in its election campaign by lack of funding, in sharp contrast to the ruling Zanu PF which is riding on a massive war chest t...
Finance and Economic Development Minister Patrick Chinamasa has dismissed speculation that the Reserve Bank of Zimbabwe (RBZ) was funding the black market through selling foreign currency.Minister Chi...
Government has secured US$153 million from China for the expansion of the Harare International Airport with reconstruction work set to start in November.The China Export Import Bank has extended the l...
FBC Holdings chief executive John Mushayavanhu says banks' acceptance of 99-year leases as collateral does not serve as a guarantee of funding to the holders.Mushayavanhu pointed out that 99-year leas...
The Zimbabwe Electoral Commission (ZEC) needs 60 million to prepare for and hold the 2018 harmonised elections due in a few months time.The commission is looking through the voters roll to ensure ther...
The International Monetary Fund (IMF) plans to help the government with taxation reform policies under its technical assistance plan pending resolution of debt clearances owed by Zimbabwe to other mul...
SHARP differences have emerged between Britain and its counterparts in the European Union over the funding and support to be given to President Emmerson Mnangagwa's administration ahead of the make-or...
Australian based mining firm Prospect Resources on Wednesday said it has raised $10 million via a private placement of 166 million shares, which will be used to accelerate development of i...
An audit to identify roles that are duplicated in Government's Ministry of Tourism and Hospitality Industry and the Zimbabwe Tourism Authority (ZTA), is stalling due to lack of funding, it has emerged...
AIM-listed Premier African Minerals says it is in discussions with the National Indigenisation and Economic Empowerment Board (NIEEB) to agree on alternative financing options for the cash-strapped RH...
A plan to re-open a smelter at Bindura Nickel Corporation (BNC)'s Trojan Nickel Mine has stalled after the company ran out of funding, an offical has said.BNC managing director Batirai Manhando told a...