Published News » Economy

Zimbabwean Finance Minister Tendai Biti will lead a joint government and business delegation to neighbouring Botswana to discuss the modalities of a 500-million pula (aboutUS$70 million) credit facility availed by Gaborone.

“I will be taking business people from the CZI (Confederation of Zimbabwe Industries) to Botswana …. the minister (of finance) in Botswana has advised me to do that in the
Finance Minister Tendai Biti (Pictured) on Wednesday presented his 2010 Mid-Term Fiscal Policy Review Statement, in which he announced that he will not propose a supplementary budget and that Zimbabwe's economic future now hinges on the sale of diamonds from the Marange fields.
Zimbabwe would like to have all alluvial diamond mining conducted by the state, Finance Minister Tendai Biti said on Wednesday.
"There is consensus in government that there has to be a new Diamond Act that says alluvial diamond mining in Zimbabwe be conducted by and through the state
ZIMBABWE - HARARE - Zimbabwe’s economy, which is set to grow by 5,4 percent this year, will benefit from a cash injection of at least US$1 billion from the Africa Export and Import Bank, South Africa and Botswana.
Harare — ECONET Wireless Zimbabwe has paid US$10 million to its shareholders after declaring a cumulative US$0,14 dividend for the year ended February 2010. The Zimbabwe Stock Exchange-quoted m...
HARARE, July 15 (Reuters) - Zimbabwe's annual inflation
slowed to 5.3 percent in June, from 6.1 percent in May, due to
lower food prices, the Zimbabwe National Statistical Agency said
on Thursday.


Harare — Trading on the South African markets is returning to normal after a month long lull during the FIFA World Cup soccer tournament. South Africa Reserve Bank monetary policy committee mee...
Harare — Finance Minister Tendai Biti will not propose a supplementary budget when he presents his Mid-Term Fiscal Policy Review Statement tomorrow, saying the future now hinges on the sale of d...
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