The UK is teaming up with Standard Chartered Bank to lend $100m to Zimbabwean companies in what will be the British government’s first direct commercial loan to the southern African nation’s private sector in more than 20 years.

The loan is the biggest sign of a thaw in the UK-Zimbabwe relationship since London imposed sanctions on Robert Mugabe’s regime in the early 2000s. The rapprochement follows Mr Mugabe’s forced resignation in November in a “soft coup” that ended his 37-year rule. Read more

zimbabwe capital connect

The first high ranking European Union official to visit Zimbabwe in recent years Mr Neven Mimica is in Zimbabwe and has met President Emmerson Mnangagwa at Munhumutapa building this morning. Read more

100 DAYS IN OFFICE

What I have achieved : Mnangagwa

Posted by Mafaro on Saturday, February 24, 2018

PRESIDENT Emmerson Mnangagwa has appealed for patience as he winds up his first 100 days in office, saying “it takes more than 100 days to recover an economy”, so citizens should not lose hope at the slow pace of change. Read more

The United Kingdom’s Department for International Trade (DIT) is swamped with an overwhelming number of British businesspeople keen on exploiting business opportunities in Zimbabwe.

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MULTINATIONAL consumer goods company, Unilever, says it is committed to remain in Zimbabwe after the firm yesterday commissioned a $500 000 high-tech packing line at its refurbished factory in Harare. Read more