Funding will be applied in three executive structuring initiatives; Social Protection System, Budget Support operation and Bita Project
Browsing: southern africa business
Supplies of essentials such as bread, medicine, and petrol are regularly running short in the country
Shares in the company, majority-owned by ArcelorMittal, dropped more than 10%
The lowest-paid public sector worker earns 430 Zimbabwe dollars ($49.54), which unions say has been hit by inflation of 97.85% in May
In December, major oil producers reached a deal to cut oil production and boost the market
The Batoka Gorge dam will be situated 50 kilometres downstream of the Victoria Falls with a 2,400 megawatts capacity
The RTGS dollar was introduced in February 2019 as a first step towards a new currency by the year’s end
The company plans sale of holdings in Angola, Nigeria, Ivory Coast and Zambia
President Emmerson Mnangagwa has promised to introduce a proper national currency soon
Nedbank Namibia, RMB Namibia, Standard Bank, ABSA and Bank Windhoek agreed to provide 80% of the funding for the ship