Sunday, February 17, 2019
The International Monetary Fund (IMF) said Friday it will only start lending to Zimbabwe once it clears its arrears to other multilateral creditors which include the World Bank and the African Development Bank. It however, called for concerted international effort...
The Harare-Beitbridge road dualization project in Zimbabwe is at risk of being cancelled if contractors do not start work within the coming few weeks; amid indications that there are new senior government officials that are pushing for the collapse...
INFRASTRUCTURE Development Bank of Zimbabwe (IDBZ) chief economist Khutula Sibanda says Zimbabwe needs around $5 billion annually for trade and finance in the retooling of the industrial sector and infrastructure development. BY SILAS NKALA Sibanda made the remarks yesterday during a...
As Nigeria celebrates Democracy Day on May 29, the presidency has reeled out what the Muhammadu Buhari administration has achieved in the last three years it has been in power. Mr Buhari was elected into office under the platform of...
Amid great fanfare 44 African countries signed the long-awaited African Continental Free Trade Area (CFTA) earlier this year. The bloc is expected to boost intra-African trade – pegged at less than 20% – by eliminating import duties and scaling...
DAKAR (Reuters) - The International Monetary Fund said it is resuming loan disbursements to Chad after the Central African oil producer reached an agreement in principal to restructure its more than $1 billion debt to Glencore (GLEN.L) and four...
South Africa has expressed disappointment at not being granted exemption from the US Section 232 steel and aluminium tariff duties. Monday, 30 April, US President Donald Trump signed proclamations granting permanent country-exemptions to a select number of countries and extended...
Disillusioned by the economic leadership of Robert Mugabe, the people of Zimbabwe are looking to their new President Emmerson Mnangagwa to bring the country back from the brink of disaster. And for business owners the need for help is critical. Al...
The African Development Bank is leading talks with Zimbabwe and its creditors to make plans for the nation to pay off some of its arrears so it can restore relations with lenders, said Akinwumi Adesina, the bank’s president. During almost...
Accra, Jan. 8, GNA - There are many ways to measure development in a region, a country or even a continent. Freedom, prosperity, health and stability are all pillars of progress, and opportunity is the foundation. But this week...
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