Stories

The United Kingdom has a longstanding arms embargo on Zimbabwe but it never discussed arms sales to Zimbabwe from Indonesia, Junior Foreign Minister Vicky Ford said. She had been asked…

Zimbabwe’s inflation for May soared from 96.4% in April to 131.7% this month but United States economist Steve Hanke put it at 244% as of 19 May. Month-on-month inflation rose…

Zimbabwean billionaire Strive Masiyiwa has lost over half a billion dollars as a result of a drop in the value of his stake in Econet Wireless Zimbabwe (Econet Zimbabwe) in…

The Zimbabwe dollar today shed $32.35 to average $290.8876 against the United States dollar down from $258.5404 last week. The local currency has lost $124.90 in the past three weeks…

After several weeks of being ranked as Southern Africa’s second-richest Black billionaire, Patrice Motsepe has staged a comeback, recouping wealth losses and surging ahead of Zimbabwean telecom billionaire Strive Masiyiwa.…

In a few days, we shall be celebrating Africa Day to mark the founding of our Continental Body, the Organisation of African Unity, OAU, now African Union (AU) far back…

The United States is the world’s largest enabler of financial secrecy, surpassing notorious tax havens like Switzerland, the Cayman Islands and Bermuda, according to an analysis by the Tax Justice…

Sinomine, the Chinese lithium company that is buying Bikita Minerals, says it plans to invest an initial US$200 million to build a new plant and expand existing operations. Bikita is…

Zimbabwe cannot stabilise its local currency the way Zambia or Uganda or Tanzania did because their situation was different. This was said by Finance Minister Mthuli Ncube in response to…

Some 20.8 million Nigerians, more than the entire population of Zimbabwe smoke mbanje according to the Global Cannabis Report for 2019. Zimbabwe has an estimated 14.9 million people but the…