AfDB flags weak oversight on Zim’s arrears clearance programme

The AfDB provided financial support for the programme by approving a loan of US$3,97 million to the Treasury, of which US$2,13 million (53,74%) has been disbursed to date.
By Tatira Zwinoira Jul. 14, 2024

Candid Comment: Manufactured crisis to enrich politicians, cronies

It is far higher than the region’s conflict flashpoints and war zones - where goods are looted by warlords and militia, triggering grinding shortages and steep price hikes.
By Shame Makoshori Jun. 14, 2024

Zim rated Africa’s most expensive economy

Owing to the depreciation, which was caused by high money supply, the country's PPP shrunk.
By Tatira Zwinoira Jun. 14, 2024

A balancing act required in handling PVOs

After meeting players in the NGO sector last week, Ziyambi pledged to expunge offensive provisions of the controversial Private Voluntary Organisations Amendment (PVOs) Bill.
By Newsday Jun. 10, 2024

AfDB meetings underscore need for human capital development

AfDB’s human capital and skills development director Martha Phiri said the social transformation of Africa was at the centre of the bank’s programming this year.
By Melody Chikono Jun. 6, 2024

AfDB seeks mutual ties with World Bank

This comes as it is simplifying its business processes, and further collaborating with other multilateral development banks (MDBs) to promote mutual reliance.
By Melody Chikono Jun. 3, 2024

Civic society warns of shrinking space

Discussions at last week’s AfDB 2024 annual meetings in Nairobi, Kenya showed that civic society is a critical enabler in the fight against poverty and inequality.
By Melody Chikono Jun. 3, 2024

Zim divides global banks

According to Treasury, Zimbabwe’s total capital requirement stands at US$40 billion.
By Melody Chikono May. 31, 2024

NMB mobilises US$40m credit line

The bank is also working on floating an agro-bond to support farmers in the country.
By Tafadzwa Mhlanga May. 24, 2024