Harare, (New Ziana) – The International Monetary Fund (IMF) on Thursday upgraded Zimbabwe’s 2021 economic growth forecast to six percent from an earlier projection of 3.1 percent. The revision follows a recent “virtual visit” by an IMF team led by Dhaneshwar Ghura from June 1 to 15 that was aimed at discussing recent economic developments […]
Harare, (New Ziana) – A Namibian trade mission is headed for Zimbabwe as the two countries seek to explore and deepen economic cooperation targeting increased use of Walvis Bay and the Zimbabwe Dry Port for imports and exports by local companies. The mission, led by the Walvis Bay Corridor Group (WBCG) and the Namibia Ports […]
Harare, (New Ziana) – Cabinet on Tuesday adopted the principles for the proposed law that seeks to relieve struggling national carrier, Air Zimbabwe of its US$379 million debt burden to make it attractive for investors and allow for its turnaround. Known as the Air Zimbabwe Debt Assumption Bill, its eventual passage into law will allow […]
Harare, June 15, 2021 (New Ziana) – The Zimbabwean government on Tuesday approved two new mining agreements with two companies targeting gold and coal bed-methane production. Information, Publicity and Broadcasting Services Minister, Monica Mutsvangwa said the gold mining project involved Bravura Zimbabwe while the coal bed-methane venture is with an Australian company called Jacqueline Resources […]