Invictus Energy to oversee Zimbabwe’s carbon offset projects
Australian Securities Exchange-listed firm Invictus Energy Limited, has been awarded three carbon offset projects in the south of Zimbabwe totaling 301,565 hectares of native forest.
Business
Zimbabwe annual inflation to decrease from October after intervention policies
Monetary authorities say Zimbabwe's annual inflation, which currently stands at 257%, will continue to rise until September this year, before slowing from October in response to central bank interventions.
Zimbabwe exports rise by 33pc to $3.5 billion
Official data has shown that Zimbabwe's exports rose 33% to $3.5 billion in the first half of 2022 from $2.6 billion in the same period of 2021 driven by a rise in exports of agricultural products, minerals and manufactured goods.
Finance minister Ncube delivers flat inflation induced mid-term budget
Finance minister Mthuli Ncube on Thursday announced a supplementary budget that more than doubled the government's budget announced last November, whose projections have been dented by inflation.
Malawi MPC vows to closely monitor inflation rate
Malawi Monetary Policy Committee will closely monitor inflation developments in the next few months, and stands ready to adjust the policy rate upwards should inflationary pressures persist.
China Mobile Guangdong, Huawei in Mobile VPN solution breakthrough
Huawei and China Mobile Guangdong this week jointly launched the Mobile VPN solution during the Win-Win Huawei Innovation Week.
RBZ sets rules for gold coins buying and selling
Individual and institutional buyers of the Reserve Bank of Zimbabwe (RBZ) gold coins will have to hold them for at least 180 days before selling.
RBZ exchange rate declines by 3pc for Zim dollar
The official Reserve Bank of Zimbabwe (RBZ) exchange rate hit $403.40 Zimbabwean dollars against the US dollar which according to experts was prompted by market forces.
Malawi Energy Regulatory Authority calls for calm over fuel situation
The Malawi Energy Regulatory Authority has said fuel stockout at a normally functional service station with valid dealership agreements should be considered as temporary and not a cause for panic.
Goshen City eyes partnerships through series of stakeholder meetings
Goshen City Management will hold a first of its kind multi-stakeholder meeting this coming Friday July 22nd, 2022 in Blantyre as part of raising awareness and court partnerships.
