“Mangwana Capital represents 35 Zimbabwean pension funds,” Mutizwa told reporters.

“During the review period total operating costs increased by 81% from $2,54 billion to $4,59 billion.

The facility was part of a US$650 billion injection released to the world to help economies recover from the effects of COVID-19 lockdowns.

THE World Bank says Zimbabwe has the second highest food prices in the world after it recorded a real food inflation annual rate of 52.

The increase in profit after tax profit was from a 2021 comparative of $7,07 billion.

FINANCE minister Mthuli Ncube says he has been sued over 120 times over his unpopular economic measures.

The idiom is used to emphasise that sometimes, real events are stranger than imaginary ones.

Disband RBZ: Hanke

The fund was launched at the on-going CZI congress which began in Harare yesterday.

The RBZ raised the export surrender requirement to 40% from 30%, on all exports to shore up foreign currency reserves to support critical commodity imports and the foreign currency auction.

According to the Basel AML Index, an independent global country ranking and risk assessment tool for money-laundering and terrorist financing

Since the beginning of the year, the economy remains inflationary owing to the Zimbabwe dollar’s continued to depreciation.

“There is clear plunder of resources by capital/corporations without ploughing back to host communities,” Zimcodd said.