CABS targets informal women entrepreneurs with new banking initiative

Zimbabwe's economic landscape sees varied developments across sectors

Zimbabwe is experiencing a mix of economic and social developments. Tobacco exports have surged by 62% due to strong global demand. The government previously halted the export of lithium concentrates and other raw minerals in February, including consignments already in transit, but expects to resume lithium exports soon. Liquid has retired a US$620 million bond early and trimmed leverage with a new US$300 million issue. The Zimbabwe International Trade Fair has begun with a global business focus, and a new ZIDA platform aims to convert investor interest into deals. In other news, March rains have revived some crop conditions. CURE Zimbabwe is providing free windswept deformity surgery, and Bulawayo is nearing HIV epidemic control. Political tensions at grasslands plots have led to violent attacks and forced evictions.