Godfrey Marawanyika

Zimbabwe

Journalist at Bloomberg News

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Articles

Zimbabwe Debuts Blockchain Registry for Carbon-Credit Trading

5 days ago | news.bloomberglaw.com | Godfrey Marawanyika |Ray Ndlovu

Zimbabwe has debuted a blockchain-enabled registry that will allow approved project developers to trade the nation’s carbon credits. The step is aimed at making trade in the emission offsets more transparent and regaining the trust of investors after the southern African nation roiled the global carbon credit market in 2023 by suddenly canceling projects, claiming half of all proceeds and ordering developers to re-register.
Zimbabwe Debuts Blockchain Registry for Carbon-Credit Trading

5 days ago | news.bloombergtax.com | Godfrey Marawanyika |Ray Ndlovu

Zimbabwe has debuted a blockchain-enabled registry that will allow approved project developers to trade the nation’s carbon credits. The step is aimed at making trade in the emission offsets more transparent and regaining the trust of investors after the southern African nation roiled the global carbon credit market in 2023 by suddenly canceling projects, claiming half of all proceeds and ordering developers to re-register.
Zimbabwe Debuts Blockchain Registry for Carbon-Credit Trading

5 days ago | bloomberg.com | Godfrey Marawanyika |Ray Ndlovu

A worker outside a coal power-generating plant in Hwange, Zimbabwe. (Bloomberg) -- Zimbabwe has debuted a blockchain-enabled registry that will allow approved project developers to trade the nation’s carbon credits.
Next Africa: Global Chaos from Trump Tariffs Offers a Boon for Gold Miners

5 days ago | bloomberg.com | Antony Sguazzin |Godfrey Marawanyika

Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. Gold’s rally may well be the silver lining for some of Africa’s most cash-strapped nations.
Zambia, Zimbabwe Court Investors to Revive $5 Billion Hydro Dam

1 week ago | bloomberg.com | Godfrey Marawanyika

(Bloomberg) -- Zambia and Zimbabwe are ramping up efforts to secure investment for the long-delayed $5 billion Batoka Gorge hydropower project, as they revive a controversial plan to potentially source water from the Democratic Republic of Congo.
Zimbabwe Signs Law Allowing for Closer Scrutiny of Not-for-Profits

1 month ago | bloomberg.com | Godfrey Marawanyika |Ray Ndlovu

Emmerson Mnangagwa(Bloomberg) -- Zimbabwe President Emmerson Mnangagwa signed off on a law that allows closer scrutiny of the finances of non-governmental organizations, powers the authorities say are necessary for safeguarding against money laundering and terrorist financing. The Private Voluntary Organizations Amendment Act published at the weekend will see a government minister overseeing their operations, including the establishment of a registry and a board.
Zimbabwe Debt Woes Grow as State Mining Firm Faces Asset Seizure

1 month ago | financialpost.com | Godfrey Marawanyika |Ray Ndlovu

The Zimbabwe Mining Development Corp. has asked the Mines Ministry for a resolution to a longstanding dispute with a unit of Amaplat Mauritius Ltd. that is laying claim to the assets, a letter written by the company’s Chairman Paul Chimboza to Mines Minister Winston Chitando shows. Get the latest headlines, breaking news and columns. • There was an error, please provide a valid email address. A welcome email is on its way. If you don't see it, please check your junk folder.
Zimbabwe Debt Woes Grow as State Mining Firm Faces Asset Seizure

1 month ago | bloomberg.com | Godfrey Marawanyika |Ray Ndlovu

A truck transports ore for crushing at a Zimbabwean diamond mine. (Bloomberg) -- A state-owned Zimbabwean mining firm is trying to protect assets that risk being seized because the country failed to honor a debt incurred when it lost an international arbitration case over canceled nickel and platinum ventures. The Zimbabwe Mining Development Corp. has asked the Mines Ministry for a resolution to a longstanding dispute with a unit of Amaplat Mauritius Ltd.
Zimbabwe Rakes In $215 Million From Exporters to Support ZiG Currency

1 month ago | bloomberg.com | Godfrey Marawanyika

John Mushayavanhu(Bloomberg) -- Zimbabwe collected $215 million from exporters in the first quarter after ordering them to surrender almost a third of the foreign currency they earn to the central bank in exchange for ZiGs to improve liquidity on the interbank market. The central bank on Feb. 6 reduced the foreign currency retention level for exporters to 70% from 75%. The move was part of sweeping measures to stabilize the nation’s new gold-backed currency, the ZiG, short for Zimbabwe Gold.
Zimbabwe Protests: Cities Quiet Despite Calls for Anti-Mnangagwa Action

1 month ago | bloomberg.com | Ray Ndlovu |Godfrey Marawanyika

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