World Bank commits support to Zambia amid drought crisis
In the face of the severe drought gripping Zambia, the World Bank has pledged its commitment to mobilize resources to assist affected communities.
Business
UN’s renewable energy fund for Zimbabwe surges to $45 million
With Zimbabwe's external debt exceeding US$20 billion, the country has faced challenges in securing international investment support for vital energy projects.
Zambian Kwacha surges against dollar: analysts credit effective govt efforts
In a remarkable turnaround, the Zambian Kwacha has surged on the foreign exchange market, reaching K23.46 after weeks of trading at significantly lower levels.
Britain enters recession as economic crisis deepen ahead of election
Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.
President Hichilema reaffirms commitment to solar energy investment
President Hakainde Hichilema has reiterated Zambia's dedication to enhancing its power generation capacity to meet the rising demand from critical sectors like mining and agriculture.
Mnangagwa appoints new deputy ministers for Industry and Commerce, Health
Zimbabwean President Emmerson Mnangagwa has made key appointments to cabinet, naming Raj Modi as deputy minister of industry and commerce and Sleiman Kwidini as deputy minister of health.
Innscor Africa in takedown order victory against Zanu PF activist
Innscor Africa, one of Zimbabwe's prominent companies, has successfully obtained a takedown order against Zanu PF social media activist Rutendo Benson Matinyarare.
BRICS adds new members in big statement of inclusivity
In a historic move, BRICS, the economic bloc initially comprising Brazil, Russia, India, China, and South Africa, has officially admitted five new countries into its fold.
Chinese firms invest big into Zimbabwe cement industry
In a significant economic boost for Zimbabwe, Chinese companies West International Holding Limited and Labenmon Investors (Pvt) Limited have finalized a groundbreaking $1 billion agreement.
Zimbabwe’s steel industry set for growth with Disco’s $1.5bn plant
Zimbabwe is gearing up to become a global steel manufacturing hub with the construction of a $1.5 billion steel and iron plant by Disco, a subsidiary of the Chinese iron and steel giant Tsingshan Holdings.
