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Economy

Increased funding for national development project and programs.

In Progress

To list bond on local bourse for first time in 20 Years

https://www.chronicle.co.zw/just-in-zim-to-list-bond-on-local-bourse-for-first-time-in-20-years/     

May 7, 2021

Zimbabwe plans to list a bond on the local exchange for the first time in 20 years to raise funds for the expansion and upgrade of a main highway that links the country to its largest trading partner, South Africa

Previous Updates

To list bond on local bourse for first time in 20 Years

https://www.chronicle.co.zw/just-in-zim-to-list-bond-on-local-bourse-for-first-time-in-20-years/     

May 7, 2021

Zimbabwe plans to list a bond on the local exchange for the first time in 20 years to raise funds for the expansion and upgrade of a main highway that links the country to its largest trading partner, South Africa

US$100m for Sovereign Wealth Fund

https://www.herald.co.zw/us100m-for-sovereign-wealth-fund/     

Nov. 30, 2020

AN equivalent of US$100 million has been set aside in the National Budget to operationalise the Sovereign Wealth Fund (SWF), established about five years ago to build reserves for long term savings

Auctioning of Treasury bills worth ZWL$300 million

NewsDay

    

Oct. 7, 2019

The Reserve Bank of Zimbabwe floated $300 million Treasury Bills and invited financial institutions including commercial banks, building societies, POSB and Infrastructure Development Bank of Zimbabwe to subscribe.

First auction of Treasury Bills in Zimbabwe after 7 years

Business Report

    

Aug. 1, 2019

Zimbabwe has opened its first public auction for treasury bills in almost seven years to raise ZWL30million to finance government programmes as Finance Minister Mthuli Ncube readies a mid-term budget review statement. 

Zimbabwe joins Africa50 group

Herald

    

July 12, 2019

Zimbabwe has become a shareholder of Africa50 and the 28th country on the continent to join the Pan-African investment fund focusing on infrastructure development. The Secretary in the Ministry of Finance and Economic Development, Mr George Guvamatanga confirmed the development. Zimbabwe joined the fund during its annual shareholder's meeting in Kigali, Rwanda.

    

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