China writes off Zim debt deals
Zimbabwe currently owes a combined US$17,5 billion to foreign and local creditors.
By Tinashe Kairiza
Apr. 12, 2024
AfDB helps Zim mobilises revenue
AFDB chief economist and vice president for economic governance and knowledge management Kevin Urama said the best way to address debt was to grow the economy.
By Melody Chikono
Apr. 7, 2024
Treasury deploys AfDB grants, seeks consultants
Zimbabwe’s failure to extinguish its external debt has blocked the country from receiving fresh loans and development support from most multilateral lenders and partners.
By Tatira Zwinoira
Apr. 3, 2024
AfDB, NMB Bank pen US$15m trade finance deal
Delegates from both institutions graced the signing ceremony at the NMB Bank headquarters in Harare yesterday.
By Tafadzwa Mhlanga
Mar. 8, 2024
Zimdollar worst performing currency: AfDB
Efforts to stabilize the Zimbabwean dollar included the introduction gold-backed digital tokens as well as Mosi-ao-Tunya gold coin.
By Mthandazo Nyoni
Feb. 23, 2024
World Bank energy team headed for Zim
A government official said on Wednesday the team was expected to meet private sector players with interests in energy projects.
By Staff Reporter
Feb. 9, 2024
Zimbabwe’s ailing SOEs owe Chinese, Indian banks US$1.7b
According to the AfDB, SOEs which benefitted from the on-lent loans are now required to open dedicated debt servicing sinking funds to ensure timely debt servicing.
By Tatira Zwinoira
Dec. 31, 2023
Zim govt receives AfDB’s US$5,3m grant
The grant comes from AfDB’s African Development Fund that contributes to the promotion of economic and social development in 38 least developed African countries.
By Tatira Zwinoira
Dec. 29, 2023
CABS secures US$25m AfDB facility
The facility will enhance foreign currency liquidity support for the building society amid a tough economic climate in Zimbabwe, AfDB said in a statement.
By Business Reporter
Dec. 21, 2023
Banks, Zimra struggle with ZiG switchover
Local News
By Vincent Mungofa and Tinashe Kairiza
Apr. 19, 2024
Uproar as Zimparks seals off Vic Falls …tourists barred to make way for private event
Local News
Apr. 19, 2024