Local firms must utilise credit lines from Bank of India: Minister SB Moyo

By ZBC Reporter ZIMBABWEAN and Indian business entities have been urged to utilise cooperation frameworks between the two countries, while the private sector has been encouraged to make use of…

Caledonia appoints solar plant contractor as it eyes Zim govt mines

By Gilbert Nyambabvu CANADA-BASED resources group, Caledonia Mining Corporation, has appointed Euronext Paris-listed Voltalia to build a 12MW solar power plant at Blanket Gold Mine in Zimbabwe. An international renewable energy…

COVID economy: This ‘calamity is far from over’, IMF chief warns

THE global economy is in “less dire” shape than it was in June but risks crashing again if governments end fiscal and monetary support too soon, fail to control the…

Ethiopian Airlines returns to Vic Falls as Zim skies re-open

By Luckmore Safuli Victoria Falls International Airport has welcomed its first international flight since the re-opening of the country’s skies with the local tourism sector hopeful the development signals a…

RBZ allocates $USD26 million at latest forex auction

By ZBC Reporter The Reserve Bank of Zimbabwe, RBZ, continues to demonstrate its capacity to meet foreign currency demand after a whooping $USD26 million was allocated at this Tuesday’s forex…

New iPhone release expected mid-October

Apple is expected to unveil its latest iPhones on October 13. On Tuesday, Apple sent out invitations for the launch. The invite said “Hi, Speed.” The tech giant is likely…

‘Fall in fuel prices good omen for economy’

The country has recently witnessed a downward movement of fuel prices both in United States dollar and Zimbabwe dollar terms, due to the current economic stability brought about by government’s…

Transitional Stabilization Programme brought macro-economic stability: FinMin

By ZBC Reporter The Transitional Stabilization Programme (TSP) has been credited for the current macro-economic stability as well as a successful implementation of various infrastructure development and social protection programmes…

Financial markets breathe easier as Trump shows signs of recovery

US President Donald Trump’s controversial drive-by to greet supporters outside the hospital where he is receiving treatment for the coronavirus, and an upbeat assessment by his doctors, have given financial…

World Bank chief reiterates call to forgive poor countries’ debts

The coronavirus pandemic could trigger a debt crisis in some countries, so investors must be ready to grant some form of relief that could also include debt cancellation, World Bank…