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International Monetary Fund Slashes South Africa’s 2019 Growth Forecast

JOHANNESBURG - Global lender, the International Monetary Fund (IMF) on Tuesday slashed South Africa's projected gross domestic product (GDP) growth rate for 2019 to...

Zimbabwe to Cut Power to Mines, Others Over $77 Million in Unpaid Bills

HARARE – Zimbabwe's State-owned electricity distributor, grappling with drought and ageing equipment, said on Thursday it will disconnect mines, farms and other users as it...

CBZ’s third-quarter business volumes improved significantly amid Covid-19 pandemic

HARARE – CBZ Holdings, the country’s biggest financial service group, says it operated profitably during the third quarter ending 30 September 2020...

Zim’s fiscal regime affects mines

HARARE - Totemic. That is the word which perhaps aptly sums up the potential of Zimbabwe’s huge and diverse mineral wealth to propel...

Resourcefulness of African people will enable recovery, development gains for the region – IMF

HARARE – The International Monetary Fund (IMF) said the potential of the Sub-Saharan Africa region and the resourcefulness of African people remains...

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