Ray Ndlovu's profile photo

Ray Ndlovu

Africa, Central African Republic

Reporter @business. Opinions mine. Mercedes-AMG Petronas F1 Fan. Author: In the Jaws of the Crocodile. Tips: [email protected]

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Articles

  • 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.

  • 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.

  • 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.

  • 5 days ago | bloomberg.com | Ray Ndlovu

    An under-construction residential property in the Borrowdale suburb of Harare, Zimbabwe. (Bloomberg) -- Zimbabweans are snapping up properties as a safe haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge — the country’s stock market — is underperforming. The Zimbabwe Stock Exchange’s all-share index is down 21% since Sept.

  • 1 week ago | bloomberg.com | Ray Ndlovu

    (Bloomberg) -- Tanzania has curbed the use of foreign-exchange in all local transactions to prop up the shilling. The currency, Africa’s worst performing this year, has weakened more than 10% against the dollar, according to data compiled by Bloomberg. The Bank of Tanzania issued a statement last week stating that the pricing and payment of goods and services within the country in foreign currency is prohibited.

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Ray Ndlovu
Ray Ndlovu @ray_ndlovu
12 May 25

The southern African Kingdom of Eswatini plans to start a sovereign wealth fund of around $275 million this year to help channel money into areas including manufacturing and agriculture, its finance minister says https://t.co/DYESu7UrUY

Ray Ndlovu
Ray Ndlovu @ray_ndlovu
9 May 25

Zimbabwe has debuted a block-chain enabled registry through which approved project developers can start trading the nation’s carbon credits https://t.co/4dvhXrGQUf @marawanyikag

Ray Ndlovu
Ray Ndlovu @ray_ndlovu
9 May 25

Zimbabweans are piling into property as a shelter against currency uncertainty and to navigate the nation’s risky economy https://t.co/VPwHWDl3PM