Government has amended requirements for recipients of business loans under the Youth Development Fund (YDF), to make it mandatory for applicants to have business training, after experiencing a high default rate, youth minister Francis Nhema has said.
The long-awaited congress of the Morgan Tsvangirai faction of the Movement for Democratic Change will start on Friday next and will run until Sunday, the party said in a statement today.
Trade between Zimbabwe and the European Union is this year seen rising significantly driven by the growing demand for the African country’s sugar and tobacco, an official has said.
Econet Wireless Zimbabwe has reported a 30 percent decline in after tax profit to $49.6 million for the six months to August compared with the same period last year as revenue growth continues to slow down, company financials showed yesterday.
First Lady Grace Mugabe continued her attack on Vice-President Joice Mujuru today asking her to resign and accusing her of betraying her husband President Robert Mugabe by mobilising support to challenge him at the forthcoming party Zimbabwe African National Union-Patriotic Front congress in December.
Zimbabwe’s net foreign direct investment flows are seen contributing a meagre two percent of the gross domestic product over the next two years as the Southern African nation misses out on strong Sub Saharan Africa growth rates, an International Monetary Fund regional economic outlook report has shown.