Africa urgently needs own credit rating agency to curb high borrowing costs, says UNECA chief 

Fitch Ratings recently downgraded Afreximbank, lowering its long-term foreign currency issuer default rating from ‘BBB’ to ‘BBB-’ with a negative outlook.  
By Mthandazo Nyoni Jun. 26, 2025

UN’s Gatete to the world: Global financial architecture is outdated

Multiple crises have exacerbated the challenges of finance, debt, climate and energy, Gatete said.
By Business Reporter Sep. 24, 2024

ECA helps Zim recalibrate industrial policies

Nisha is also Unesco’s director for its regional office for southern Africa.
By Tafadzwa Mhlanga Aug. 6, 2024

High country risk: Uneca chief calls for domestic resource mobilisation

Estimates show that 70% of the economy is now informal. He said it was imperative for government to create investment opportunities for the private sector.
By Tatira Zwinoira Mar. 8, 2024

Deal with currency volatility causes, not symptoms: Uneca

According to Ncube, the delay was necessitated by the need to fine-tune measures to do with the currency volatility.
By Tatira Zwinoira Mar. 7, 2024

A vote of confidence

The 56th session of the ECA Conference of African Finance, Planning and Economic Development ministers runs from February 28 to March 5 in Victoria Falls.
By Newsday Feb. 28, 2024

Currency reforms: ‘Treasury boss clutching at straws’

Ncube said currency reforms were crucial at this stage
By Melody Chikono and Blessed Ndlovu Feb. 16, 2024

Industry perm sec defends ‘structured currency’

Finance, Economic Development and Investment Promotion minister Mthuli Ncube announced on Monday plans to create a ‘structured currency’.
By Tatira Zwinoira Feb. 16, 2024

‘A unified voice of the G77 plus China key as world faces multiple crises’

The platform is key to the principle of “leaving no one behind”, Gatete said.
By Business Reporter Jan. 30, 2024