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Zesa, Skypower in 300 MW solar power deal
Zim Now WriterZesa Holdings subsidiary, the Zimbabwe Electricity Transmission and Distribution Company, has confirmed an agreement with Skypower, an energy company in the United Arab Emirates, for sol...
Old Mutual gets green light to launch new bank in South Africa
Zim Now WriterLeading African financial services group, Old Mutual Limited, has received critical regulatory approval to establish a new bank.The bank is expected to act as a one-stop shop for the com...
Zim’s economic growth expected to slow as El Niño takes toll, says IMF
IMF team with Finance Minister, Professor Mthli NcubeNyashadzashe NdoroZIM NOW REPORTERThe International Monetary Fund has projected Zimbabwe’s economic growth to moderate to 3.2% in 2024, a significa...
Zim ready for Osaka Expo, aims to attract tourists through cultural display
Information, Publicity and Broadcasting Services Minister, Dr Jenfan MuswereOscar J JekeGovernment is prepared for the 2025 Osaka Expo in Japan, that will feature pavilion display of culture, trade in...
Zim hardest-hit by food inflation
Zim Now WriterZimbabwe has ranked number one on the consumer price index list, recording an overwhelming consumer price index.According to the World Economic Outlook report by the International Moneta...
Govt grants Kavango Resources export authorisation for drill core samples
Zim Now WriterThe Ministry of Mines and Mining Development has granted Kavango Resources a three-month pass to export drill core SKDD001 pulps for multi-element testing, having received results of the...
Zimbabwe’s mining sector surpasses US$20 billion in mineral exports, boosting economic growth
Mines and Mining Development Minister, Soda Zhemu Philemon JambayaASSISTANT EDITORZimbabwe’s mining industry has emerged as a powerhouse, contributing significantly to the nation’s economic growth tra...
Deposits in Zimbabwe’s banks: Protected or perilous?
Nyashadzashe NdoroZIM NOW REPORTERZimbabwean lawmakers last week debated the Deposit Protection Corporation Act, a law designed to safeguard citizens’ savings in the event of bank failure.While some p...
FBC profit after tax increases by 443%
Audrey GalawuASSISTANT EDITOR FBC Holdings Limited achieved a commendable set of financial results, recording a 443% increase profit after tax increased by to ZWL$327.4 billion.The Group’s profit befo...
Govt targets moneychangers following introduction of ZiG
Zim Now WriterMinister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube has warned black market mongers and illegal money changers of heavy fines if found trading on t...