Foreign reserve assets: Why Zim needs to change its approach
For clarity, SDRs can be viewed as a generosity of the IMF, which are issued to all its member countries for free, mostly in times of severe crises.
By Kevin Tutani
Nov. 24, 2023
Govt sets aside funds for coffee processing plant
Government announced during a post-Cabinet briefing last week that it would support coffee producers in Manicaland province with setting up the processing plant.
By Tatira Zwinoira
Apr. 24, 2023
Govt avails US$22,5m SDR funds to boost value chains
SDRs are reserve assets issued by the IMF, backed by dollars, euros, yen, sterling and yuan.
By Freeman Makopa
Apr. 16, 2023
Parly demands answers from Education ministry
“There was nothing on the utilisation of the US$10 million Special Drawing Rights; I told them to bring the draft after the holiday,” Moyo told NewsDay.
By Harriet Chikandiwa
Apr. 13, 2023
IMF package boosts horticultural output
Launching the facility last year, Finance and Economic Development minister Mthuli Ncube said it would close funding gaps and help farmers improve production.
By Freeman Makopa
Feb. 23, 2023
Banks profitability shifting towards dollarisation-IH
Zimbabwe's informal sector contributes more than 70% to gross domestic product or household savings achieved in foreign currency.
By Mthandazo Nyoni
Jan. 8, 2023