The Anchor Zimbabwe

30/01/2025

The U.S. Embassy Zimbabwe has announced a temporary pause on all US. Foreign assistance funded by the State Department and USAID Zimbabwe ...

Harare– The United States Embassy in Zimbabwe has announced a temporary pause on all US. Foreign assistance funded by the State Department and the United States Agency for International Development (USAID) The decision, effective immediately is part of a broader review initiated by Secretary of St...

18/11/2024

Farai Mabeza HARARE – The chief executive officer of African Risk Capacity Limited (ARC Ltd), Lesley Ndlovu, a Zimbabwean, has been selected as one of Time Magazine’s 100 Most Influential Climate Leaders in Business for 2024. ARC Ltd is a hybrid mutual insurer and financial affiliate of the Afri...

01/11/2024

https://www.theanchor.co.zw/battle-for-the-streets-tuck-shops-edge-out-zimbabwes-supermarkets-as-economic-strains-deepen/

by Kovedzayi Takawira Harare – It’s a scene of chaos and movement, with everyone eager to retreat to the places they had left in the early morning. Commuter omnibuses and pirate taxis crowd the intersection of Albion and Chinoyi Streets, rumbling loudly while touts aggressively shout “Marimba!...

31/10/2024

HARARE (FinX) – The Court of Appeal of England and Wales has affirmed that states cannot rely on sovereign immunity to oppose the registration of ICSID awards rendered against them – dismissing appeals lodged by Spain and Zimbabwe. In the case of Border Timbers Limited and Hangani Development Co...

15/10/2024

The African Development Bank has approved US$34.8 million, (US$34,796,402.40) in grants to enhance resilience and adaptation to climate disaster risks for vulnerable communities in Malawi and Zimbabwe. Under the bank group’s Africa Disaster Risk Financing (ADRiFi) initiative, the Mitigating Fragil...

11/10/2024

Itai Ndongwe HARARE (FinX) – Zimbabwe intends to provide incentives to mining companies that establish beneficiation facilities in the country, encouraging miners to increase their output. The country is known for its abundance of mineral resources, but a lack of suitable financing, as well as red...

10/10/2024

HARARE (FinX) – In a significant ruling, the Supreme Court of Zimbabwe has upheld the appeal of the Competition Tariff Commission (CTC) against a previous decision by the Administrative Court that allowed a controversial merger involving Innscor Africa Limited and its associated companies. The Sup...

10/10/2024

BULAWAYO – The Unified Councils Pension Fund is looking at raising US$2.9 million through private placement for the construction of a three-star hotel in Victoria Falls, which will be managed by Cresta Hotels. The UCPF Victoria Falls Hotel is set to be a three-star facility located on a picturesqu...