Bulawayo24 News - Skyes! "it makes perfect sense"

Search / Facility

Afreximbank powers Zesa with US$210m facility

Zimbabwe's power utility, Zesa Holdings, has secured a US$210 million financing facility from Afreximbank, aimed at strengthening the country's electricity infrastructure and importing additional power. The agreement, concluded on the side…

Published: 11 Sep 2025 at 09:53hrs | 22 | by Staff reporter

ZB Bank secures US$5 million Afreximbank facility

ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those engaged in export-related activities.The ag…

Published: 30 Jun 2025 at 13:07hrs | 126 | by Staff reporter

Zimbabwe to benefit from AfDB's US$40m Mozambique facility

THE African Development Bank's (AfDB) US$40 million loan to Mozambique's State-owned rail and port authority, Portos e Caminhos de Ferro de MoÃ§ambique EP (CFM), will help neighbouring countries, including Zimbabwe, the regional bank has s…

Published: 09 Feb 2024 at 06:59hrs | 3 | by Staff reporter

'US$400m facility won't stabilise Zimbabwe economy'

OLD Mutual Investment Group (OMIG) says the US$400 million funding secured by the government from the African Export-Import Bank (Afreximbank) is insufficient to restore stability to the local currency.Last month, Reserve Bank of Zimbabwe …

Published: 19 Jul 2023 at 06:43hrs | 5 | by Staff reporter

Zimbabwe civil servants abuse car import facility

THE Government has expressed concern over the continued abuse of the duty-free car import facility for civil servants amid revelations that more than 14 000 vehicles have been unprocedurally imported through the scheme.Speaking on the side…

Published: 16 Jul 2023 at 09:15hrs | 12 | by Staff reporter

Zimbabwe launches US$10 million gold facility

Prospects for increased gold production received a boost yesterday when Finance and Economic Development Minister, Professor Mthuli Ncube launched a US$10 million gold fund targeting small-scale and artisanal miners with half going towards…

Published: 16 Feb 2023 at 04:50hrs | 160 | by Staff reporter

Big brands troop into Victoria Falls facility

A STRING of the country's big brands, including fast food outlets, has stampeded into Zimre Property Investments' Sawanga Mall in Victoria Falls, helping the top end real estate gem notch 95% occupancy rates, according to managing director…

Published: 28 Dec 2020 at 07:32hrs | 2 | by Staff reporter

UK-based school crowdfunds for Mat South boarding facility

A UNITED KINGDOM-BASED school, Christs Hospital in Horsham, West Sussex, has launched a crowd-funding campaign to raise funds for the construction of Advanced Level boarding facilities at Kafusi High School in Matabeleland South Province.A…

Published: 04 Feb 2019 at 08:10hrs | 1 | by Staff reporter

RBZ increases gold support facility

Buoyed by sterling performance of the gold sector last year, the Reserve Bank of Zimbabwe (RBZ) has increased the gold support facility to $150 million from $74 million that had been disbursed by December 31, last year.The sector delivered…

Published: 12 Feb 2018 at 05:40hrs | | by Staff reporter

RBZ seeks $500 million facility

The Reserve Bank of Zimbabwe (RBZ) is seeking a $500 million facility to cover the foreign currency gap that will widen when the 2017 tobacco marketing season closes.Tobacco is Zimbabwe's top foreign currency earner, accounting for at leas…

Published: 13 Jul 2017 at 07:22hrs | 2 | by Staff reporter

Load More Stories

Search / Facility

Get latest news by email:

Zimbabwean-origin taxi boss killed in South Africa

Mudenda lures Japanese investors

Zimbabwe considers project-specific model for debt clearance

Scottland in match-fixing storm?

Chiwenga accuses Tagwirei of looting billions from Zanu-PF

Mnangagwa issued a stern warning

Sikhala reps reprimand police

Calls grow for victim-centred Gukurahundi hearings in Bulawayo

Makarawu hits, Charamba misses out by a whisker

Dad strips naked in front of his daughter, beats up wife

Sex-for-prayers cult exposed

2 women arrested for theft at Mpilo Central Hospital

Land disputes dominate traditional court hearings

Anglican seeks land to expand schools

War vets leader under siege over ED2030

Negligent Harare gynaecologist exposed

Mnangagwa says Zanu-PF is 'unstoppable'

Harare City Council chokes under ZiG8 billion debt

Scottland FC dismisses claims of funding Simba Bhora

Man jailed for fictitious daughter's death

Warriors plummet in FIFA Rankings

Herentals College shut down in Harare council blitz

Accept Tagwirei co-option, Mnangagwa 2030 extension bids,' Harare pleads

Maize meal thief jailed two years

Quartet nabbed over snooker dispute

Trio arrested over fatal chicken slaughter revenge

Zimbabwe-Ndebele speaking Zandile stop Criminal Operation Dudula!

SMEs can contribute significantly to Zimbabwe's economic revival, says Minister Mutsvangwa

FIFA probes South Africa over ineligible Mokoena

Mnangagwa rejects 2028 elections delay