State-run pension fund, National Social Security Authority (NSSA), has moved to consolidate its insurance portfolio via a deal which will see First Mutual Limited (FML) acquiring a controlling stake in Zimbabwe’s largest short-term insurer, NicozDiamond.
The Agricultural Bank of Zimbabwe (Agribank) has set up a $10 million facility aimed at promoting horticulture production in the country.
Higher Education Minister Jonathan Moyo has continued to condemn the much-vaunted Command Agriculture Programme which will definitely be one of the campaign platforms for the Zimbabwe African National Union-Patriotic Front branding it “Command-Ugly Culture”.
Zimbabwe has the capacity to produce 1 600 megawatts (MW) of electricity from renewable energy resources by 2030, more than its current demand but lacks technology to exploit its resources, Energy Minister, Samuel Undenge said.
The Zimbabwe Republic Police collects up to $15 million in traffic fines annually, Home Affairs Minister Ignatius Chombo told Parliamentarians today.
Zimbabwe’s annual broad money supply grew by 22.67 percent in April to $6.2 billion, largely driven by an increase of 31.22 percent in transferable deposits, latest data from the central bank has shown.