Search / Afdb
Zimbabwe economy on the mend
Zimbabweans have entered the most anxious week. The new cabinet flew into a cholera crisis and from nowhere prices sky rocketed and rates came to obnoxious stinking levels. Mthuli Ncube's first week i...Published: 7 hrs ago | 1541 | by Dr Masimba Mavaza
Mthuli Ncube's five big challenges
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube faces the unenviable task of navigating Zimbabwe's stuttering economy through serious challenges and will need to make tough deci...Published: 16 Sep 2018 at 09:11hrs | 3258 | by Staff reporter
Mthuli Ncube gets shock reality check
NEWLY-appointed Finance minister Mthuli Ncube - who arrived in the country from Switzerland early this week amid a populist storm and blaze of publicity on how to fix Zimbabwe's critically broken econ...Published: 14 Sep 2018 at 16:27hrs | 12933 | by Staff reporter
Mnangagwa's new cabinet an average team
THE cabinet appointed by President Emmerson Mnangagwa last week dubbed the "dream team" by government publicists, though a marked improvement from previous ones, has shortcomings as it features minist...Published: 14 Sep 2018 at 16:23hrs | 1570 | by Staff reporter
Mnangagwa has changed Zanu-PF into a fresh new-look organisation
Political analysts say President Emmerson Mnangagwa's new Cabinet - in which he dumped both friends and foes alike on Friday last week - demonstrates that he is determined to reset the government's co...Published: 12 Sep 2018 at 20:01hrs | 5017 | by Staff reporter
'RBZ should complement Mthuli Ncube'
Analysts yesterday called on Reserve Bank of Zimbabwe governor John Mangudya and his team to work in tandem with new Finance and Economic Development minister Mthuli Ncube efforts to help arrest econo...Published: 12 Sep 2018 at 07:35hrs | 1946 | by Staff reporter
Jonathan Moyo warns Minister Mthuli Ncube
Self-exiled former cabinet minister Professor Jonathan Moyo has advised new Minister of Finance, Professor Mthuli Ncube to join the ruling Zanu-PF party in order to get political clout. He also advise...Published: 11 Sep 2018 at 09:28hrs | 10172 | by Sithabile Mafu
Building an effective public service in Zimbabwe
PUBLIC financial resources ought to be managed with integrity, transparency and accountability, all for efficient and effective service delivery, sustainable economic growth and development.Ab...Published: 11 Sep 2018 at 07:12hrs | 755 | by Mthuli Ncube
Mthuli Ncube gets whole of Zimbabwe talking
AT last, the long-awaited Cabinet is here. And it's full of shocks and surprises, with heavyweights falling by the wayside and lightweights making it to the much leaner list of President Emmerson Mnan...Published: 10 Sep 2018 at 06:49hrs | 1825 | by Editorial - newsday
Mnangagwa's new Cabinet raises Zimbabwe hopes
President Emmerson Mnangagwa's new Cabinet has raised fresh hopes among long-suffering Zimbabweans that his administration could finally end the misery and despondency that characterised life under fo...Published: 09 Sep 2018 at 17:19hrs | 5817 | by Staff reporter
Business endorses Mthuli Ncube
ZIMBABWE'S business executives have endorsed Professor Mthuli Ncube's Friday appointment as Finance Minister with some hoping he leveraged from his education and vast experience in world business to e...Published: 08 Sep 2018 at 11:17hrs | 2749 | by Staff reporter
Mnangagwa appoints technocrats in new Cabinet
PRESIDENT Emmerson Mnangagwa yesterday pulled a shocker when he dropped several Zanu PF party bigwigs, some who had served as Cabinet ministers for several years, and appointed three technocrats - for...Published: 08 Sep 2018 at 08:28hrs | 1510 | by Staff reporter
Mnangagwa in Cabinet shocker
PRESIDENT Emmerson Mnangagwa yesterday pulled a shocker when he dropped several Zanu PF party bigwigs, some who had served as Cabinet ministers for several years, and appointed three technocrats - for...Published: 08 Sep 2018 at 07:14hrs | 2776 | by Staff Reporter
Know your Minister of Finance Prof Mthuli Ncube
Professor Mthuli Ncube is currently Managing Director and Head of Quantum Global Research Lab (Switzerland), part of Quantum Global Group, the largest Private Equity group dedicated to investing in Af...Published: 07 Sep 2018 at 19:14hrs | 12123 | by Staff Reporter
Zimbabwe plans to clear debt arrears in six months
ZIMBABWE is planning to settle its debt arrears with multilateral institutions in the next six months, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said.The southern African count...Published: 24 Aug 2018 at 06:05hrs | 2921 | by Staff reporter
Who is Professor Mthuli Ncube?
PROFESSOR Mthuli NCUBE is a financial, economics, investment, and public policy expert. He has vast experience and worked in the private sector, public sector, academia, and international financial in...Published: 21 Aug 2018 at 17:51hrs | 9204 | by Agencies
Zimbabwe underestimating its GDP
Zimbabwe's gross domestic product (GDP) reached $17, 85 billion last year, which is an all-time high, according to industry and commerce experts TradingEconomics.comZimbabwe's GDP averaged $6,...Published: 29 Jul 2018 at 10:10hrs | 279 | by Staff reporter
AfDB signs agreements with Zimbabwe firms
The African Development Bank (AfDB) has signed two non-disclosure agreements with Zimbabwean companies,which pave the way for the sharing of information amid optimism the bank would disburse funding t...Published: 15 Jul 2018 at 17:03hrs | 202 | by Staff reporter
Zimbabwe seeks $500m from Afreximbank
THE Reserve Bank of Zimbabwe (RBZ) is negotiating a $500 million funding package with the African Export and Import Bank (Afreximbank), as part of efforts to resolve the foreign currency shortages bli...Published: 02 Jul 2018 at 07:24hrs | 252 | by Staff reporter
Currency reforms to address shortages
Zimbabwe's currency reforms will include measures to bring harmony between money in banks or Rapid Transfer Gross Settlement (RTGS) balances and foreign currency resources on the market, Reserve Bank ...Published: 01 Jul 2018 at 08:09hrs | 950 | by Staff reporter
Mnangagwa delivers 60 000 jobs?
Zimbabwe's employment level has firmed over the last six months with more than 60 000 jobs created in various sectors, as the economy continues to stabilise under President Emmerson Mnangagwa's admini...Published: 01 Jul 2018 at 07:57hrs | 673 | by Staff reporter
Zimbabwe's manufacturing sector requires $2bn
Zimbabwe's manufacturing sector requires around $2 billion in capital funding for optimum operation, the Confederation of Zimbabwe Industries (CZI) has said. CZI president Sifelani Jabangwe pi...Published: 28 Jun 2018 at 06:59hrs | 262 | by Staff reporter
Zimbabwe lags behind on electricity regulatory index
THE African Development Bank (AfDB) has ranked the Zimbabwe Energy Regulatory Authority (Zera) and Zimbabwe Electricity Transmission and Distribution Company (ZETDC) as having an average level of deve...Published: 26 Jun 2018 at 07:11hrs | 219 | by Staff reporter
Who is who on the Zimbabwe campaign trail?
A TOTAL of 23 candidates successfully filed their nomination papers last week enabling them to run in the presidential elections to be held on July 30, although it is self-evident the real race will b...Published: 22 Jun 2018 at 15:06hrs | 769 | by Staff reporter
Nkosana Moyo's unorthodox campaign plan unpacked
SITTING outside a restaurant overlooking the immaculate greenery of Royal Harare Golf Club, the Zimbabwe Independent news crew can see a group of professional golfers going about their practice sessio...Published: 22 Jun 2018 at 14:49hrs | 747 | by Tinashe Kairiza
Zimbabwe man in African innovators top 50
ZIMBABWEAN entrepreneur, Simbarashe Mhuriro, has been selected to exhibit his game changing solar innovations at the Africa Innovation Summit (AIS) set for next month in Rwanda.The 32-year-old...Published: 28 May 2018 at 07:12hrs | 315 | by Staff reporter
AfDB throws weight behind Zimbabwe
The African Development Bank (AfDB) will work with its partners to see Zimbabwe roar back in a major boost for the economy, which is desperate for foreign capital.AfDB president Akinwumi Adesi...Published: 27 May 2018 at 09:02hrs | 447 | by Staff Reporter
Fixing Zimbabwe's 'fantasy economics'
From time to time a few countries carry out what is in effect economic suicide.Four things destroy wealth in society - conflict, ideology, corruption and bad economic policy. Examples in recen...Published: 23 May 2018 at 11:22hrs | 734 | by Martyn Davies and Hanns Spangenberg
'State-led industrialisation key for Africa'
African Development Bank Group (AfDB) president Akinwumi Adesina has said State-led industrialisation will drive millions out of poverty, as the bank announced a $35 billion investment over 10 years t...Published: 22 May 2018 at 06:35hrs | 120 | by Staff reporter
South Africa says country ready to host 2018 Africa Investment Forum
Johannesburg - The Gauteng Province in South Africa has endorsed the African Development Bank's November 2018 Africa Investment Forum as a world-class initiative that is uniquely positioned to transfo...Published: 08 May 2018 at 08:49hrs | 274 | by AFDB
Chivayo's partners blacklisted
AFRICAN Development Bank (AfDB) has banned Wicknell Chivayo's partner in the controversial Gwanda solar project for three years due to fraudulent practices such as misrepresentation of experience to q...Published: 08 May 2018 at 07:55hrs | 1163 | by Staff reporter
Zimbabwe delegation dazzles investors on Wall Street
After decades of economic isolation, the Zimbabwe Government, led by the Minister of Finance and Economic Development Patrick Chinamasa, Minister of Foreign Affairs and International trade, Dr Sibusis...Published: 19 Apr 2018 at 07:04hrs | 1080 | by Staff reporter
Zimbabwe ready to clear $1,2bn World Bank arrears
Zimbabwe has secured $1,2 billion needed to clear World Bank arrears with Finance and Economic Planning Minister Patrick Chinamasa saying the transaction will be completed once the Washington-headquar...Published: 29 Mar 2018 at 06:35hrs | 649 | by Staff reporter
Framework for US - Zimbabwe relations outilined
WASHINGTON - U.S. Sens. Jeff Flake (R-Ariz.) and Chris Coons (D-Del.), both members of the Senate Foreign Relations Committee, today introduced a bill to lay the framework for U.S. relations with the ...Published: 23 Mar 2018 at 12:50hrs | 1280 | by Agencies
Mnangagwa to sign Africa free trade treaty
President Mnangagwa will today join fellow African leaders here for the signing and launch of the African Continental Free Trade Area (AfCTA) agreement during the African Union Extraordinary Session o...Published: 21 Mar 2018 at 05:30hrs | 1065 | by Staff reporter
Mnangagwa 'doesn't have a team fit for purpose yet'
When President Emmerson Mnangagwa came into office after his former boss, Robert Mugabe, had been forced to resign following a military intervention, he could have done anything that he wanted to do a...Published: 20 Mar 2018 at 10:27hrs | 1836 | by Hopewell Chin'ono
Why Mnangagwa dispensation keeps old problems
WHEN President Emmerson Mnangagwa came into office after his former boss Robert Mugabe had been forced to resign following a military intervention, he could have done anything that he wanted and still...Published: 19 Mar 2018 at 14:55hrs | 1267 | by Hopewell Chin'ono
Mnangagwa's Zimbabwe faces bankruptcy
ZIMBABWE has been named among seven countries destined to go broke by year end if it does not address its basket of economic and financial woes, a United Kingdom-based company has said.Love Mo...Published: 18 Mar 2018 at 08:59hrs | 1588 | by Staff reporter
'Africa faces $170bn infrastructure'
THE African Development Bank (AfDB) says the continent needs $170 billion to cover the infrastructure investment gap, calling for urgent measures to match Africa's growing population and youth unemplo...Published: 12 Mar 2018 at 06:11hrs | 175 | by Staff reporter
'Govt growth rate too optimistic'
At least five institutions have since December made much lower projections of this year's economic growth than the 4,5% announced by government.In his 2018 National budget statement, Finance m...Published: 11 Feb 2018 at 07:19hrs | 57 | by Staff reporter
Zimbabwe charms IMF
ZIMBABWE continues to charm the international community, with the International Monetary Fund (IMF), saying its relations with Harare have been evolving in a very positive way for some time.Si...Published: 04 Feb 2018 at 08:04hrs | 1703 | by Staff Reporter
'Poor infrastructure hinders growth'
POOR infrastructure continues to be a serious impediment to inclusive growth in African economies, the African Development Bank (AfDB) has said.AfDB said this in its 2018 edition of the Africa...Published: 30 Jan 2018 at 05:23hrs | 128 | by Staff reporter
Funding to start flowing into Zimbabwe?
THE African Development Bank (AfDB) is pleased with Zimbabwe's economic policies and could soon start extending critical funding to the country.A high-level delegation from the bank will be in...Published: 28 Jan 2018 at 08:09hrs | 1002 | by Staff reporter
Britain's StanChart bails out Zimbabwe govt
THE Zimbabwean government has committed to paying the US$1,2 billion arrears to the World Bank by April this year, as the first step towards unlocking fresh funding from multilateral institutions, but...Published: 26 Jan 2018 at 07:59hrs | 3954 | by Staff reporter
Mnangagwa meets heads of finance institutions in Davos
President Emmerson Mnangagwa yesterday held high level meetings with top officials from the world's top multilateral financial institutions on the sidelines of the 48th World Economic Forum in Davos, ...Published: 26 Jan 2018 at 06:06hrs | 353 | by Staff reporter
'Zimbabwe investment environment gloomy'
Zimbabwe's investment outlook remains gloomy with this year's harmonised elections likely to generate uncertainties, the African Development Bank (AfDB) has said.President Emmerson Mnangagwa t...Published: 19 Jan 2018 at 05:46hrs | 724 | by Staff reporter
Corporate boardrooms: Where are the women?
A lack of diversity afflicts most companies' boardsWhen a woman rises to the top rung of the traditionally all-male corporate ladder in Africa, it's fro...Published: 15 Jan 2018 at 15:55hrs | 268 | by Kwamboka Oyaro
Zimbabwe to normalise relations with global partners
Government is in the process of reviewing current legislation and the processes around doing business in the country as it seeks to create mutually respectful relations with international trading part...Published: 15 Jan 2018 at 05:20hrs | 438 | by Staff reporter
BCC Internship opportunities
INTERNSHIP OPPORTUNITIES: BULAWAYO WATER AND SEWERAGE SERVICES IMPROVEMENT PROJECTThe Government of Zimbabwe (GoZ) has received financing from the African Development Bank (AfDB) for the Bulawayo ...Published: 09 Jan 2018 at 08:36hrs | 2329 | by BCC
Water related pipe leaks escalate to 1315 in 2017 - BCC
Bulawayo City Council in 2017 during November 2017 received a total of reports on water related jobs and attended to 1315 reports.This is revealed in the latest council minutes amid indication...Published: 05 Jan 2018 at 07:40hrs | 405 | by Stephen Jakes
Load More Stories
