Harare, (New Ziana) – Zimbabwe’s economy is expected to contract by between -3 percent and -6.5 percent, with a rebound in gross domestic product (GDP) growth expected next year, latest data from government shows. According to the Ministry of Finance and Economic Development’s 2020 pre-budget strategy paper, the economic decline was a result of a […]
Harare (New Ziana)- The Southern African Development Community (SADC) election observer mission to the October 15 general elections in Mozambique on Monday expressed confidence that the polls will be free and fair. This was said by Head of the SADC observer team, who is also Zimbabwe’s Defence Minister, Oppah Muchiguri Kashiri when she and her […]
Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Monday rules regarding the withdrawal of foreign currency from individual accounts remain unchanged. The assurances come amidst panic created by a leaked confidential document from one of the country’s commercial banks which stated that individuals getting salaries in foreign currency would no longer […]
Harare, (New Ziana) – Meikles Limited has said it is in the penultimate stages of its plans to dispose of its main hotel in Harare to Dubai-based, Albwardy Investment. The sell, which now only requires majority shareholder vote, has already obtained the thumps up of the Competition and Tariff Commission. Two years ago, Albwardy Investment […]