Foreign reserve assets: Why Zim needs to change its approach

For clarity, SDRs can be viewed as a generosity of the IMF, which are issued to all its member countries for free, mostly in times of severe crises.
By Kevin Tutani Nov. 24, 2023

Govt sets aside funds for coffee processing plant

Government announced during a post-Cabinet briefing last week that it would support coffee producers in Manicaland province with setting up the processing plant.
By Tatira Zwinoira Apr. 24, 2023

Govt avails US$22,5m SDR funds to boost value chains

SDRs are reserve assets issued by the IMF, backed by dollars, euros, yen, sterling and yuan.
By Freeman Makopa Apr. 16, 2023

Parly demands answers from Education ministry

“There was nothing on the utilisation of the US$10 million Special Drawing Rights; I told them to bring the draft after the holiday,” Moyo told NewsDay.
By Harriet Chikandiwa Apr. 13, 2023

IMF package boosts horticultural output

Launching the facility last year, Finance and Economic Development minister Mthuli Ncube said it would close funding gaps and help farmers improve production.
By Freeman Makopa Feb. 23, 2023

Banks profitability shifting towards dollarisation-IH

Zimbabwe's informal sector contributes more than 70% to gross domestic product or household savings achieved in foreign currency.
By Mthandazo Nyoni Jan. 8, 2023