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HARARE – Zimbabwe’s miners are losing 20% of their export proceeds due to a widening gap between the official and black market currency exchange rate, an...
BY NELSON BANYA Finance minister Mthuli Ncube says he would propose a $900 billion (US$9.68 billion) budget for 2022, more than double this year’s total, as...
HWANGE – A new cooling tower, cranes swinging above builders, and two giant boiler drums hoisted high above the construction site. These are parts of one...
BY GODFREY MARAWANYIKA Zimbabwe’s government has ruled out adopting the US dollar as the country’s sole official currency, terming it “suicidal,” Finance Minister Mthuli Ncube. Ncube...
HWANGE – Zimbabwe’s state-owned power utility expects to complete the addition of coal-fired units at its Hwange Power Station next year, bucking a global trend to...