Harare (New Ziana) – The successful turnaround of Air Zimbabwe, which is currently under reconstruction, requires sustained financial and material support from all stakeholders, company administrator Reggie Saruchera has said. Air Zimbabwe was placed under reconstruction in 2018 following years of under-performance largely attributed to operating a depleted and aged fleet and mismanagement. The airline’s […]
Harare, (New Ziana) – The Reserve Bank of Zimbabwe (RBZ) said on Thursday about $1.1 billion in cash was in circulation at the end of December 2019, about $2 billion short of the target it aims to have in the market. Zimbabweans are still battling cash shortages even after the re-introduction of a local currency […]
Abidjan, Cote d’Ivoire (New Ziana) – The African Development Bank (AfDB) said on Thursday it has approved a US$685 000 grant for Zimbabwe to assist in strengthening its capacity to manage natural disasters. In the past few years, the country has been on the receiving end of tropical cyclones, droughts and floods. The disasters killed […]
Kwekwe (The Times-New Ziana)-The Kwekwe Residents and Ratepayers Development Association (KRRDA)has petitioned Local Government and Public Works Minister July Moyo over the city’s 2020 budget which is proposing a 1 644 percent increase in rates and tariffs across the board. The association wants Moyo to stop the city council from implementing the budget, arguing it […]