Business »
Wednesday, 02 January 2013 11:51
HARARE - Zimbabwe's projected 2013 tourism industry growth targets depend on the country changing the negative perception in key source markets, the African Development Bank (AfDB) has warned. The southern African nation — whose image was seriously blemished by politics —...Read More
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Business »
Tuesday, 06 November 2012 13:46
HARARE - The African Development Bank (AfDB) says the country risks engaging in excessive borrowing and the possibility of rollovers in the event that it fails to redeem its Treasury Bills (TBs). The TB market, which last operated in 2008 was...Read More
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Business »
Tuesday, 09 October 2012 12:40
HARARE - Strengthening auditing standards and efficacy of corporate boards, among other measures, could improve the medium-term outlook of Zimbabwe’s financial sector, the African Development Bank (AfDB) said. Damoni Kitabire, an economist with AfDB’s Zimbabwe office, said there is need for...Read More
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Business » Taurai Mangudhla, Business Writer
Wednesday, 03 October 2012 09:39
HARARE - Zimbabwe needs urgent solutions to economic challenges highlighted at its August High-Level Economic Forum to maintain a growth trajectory, the African Development Bank (AfDB) says. The Finance ministry convened the high-level forum in Victoria Falls and identified low gross...Read More
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Business » Taurai Mangudhla, Business Writer
Monday, 10 September 2012 13:04
HARARE - Indigenous banks could fail to mobiles resources and meet Reserve Bank of Zimbabwe (RBZ)’s new $100 million minimum capital by June 2014 as a result of their poor performance and macroeconomic instability, the African Development Bank (AfDB) says. “The...Read More
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