Zim keen to export more to Botswana
Government is planning to exploit the warm relations prevailing between Harare and Gaborone to ramp up exports and generate more foreign currency for the country. This was said by Industry… Read more »
Category: Economy
Zim climbs up Africa’s governance ranks
THE Ibrahim Index of African Governance (IIAG), a tool that measures and monitors governance performance in African countries, has listed Zimbabwe as one of Africa’s four most improved countries over… Read more »
Increased production should buttress MPS
THE 2019 Monetary Policy Statement (MPS) announced by the Reserve Bank of Zimbabwe (RBZ) last week has generated a lot of positive debate, especially considering that the monetary authority dumped… Read more »
Mthuli declares war on inflation
Finance and Economic Development Minister Professor Mthuli Ncube says Government will continue to implement appropriate fiscal measures to bring inflation down to single-digit levels by year end. Inflation, which erodes… Read more »
Zim exports jump 12 percent in 2018
Zimbabwe’s exports are estimated to have grown by 11,5 percent to US$4,809 billion in 2018 from US$4,313 billion in 2017, as minerals, agriculture and manufactured exports all increased. Gold, flue-cured… Read more »
Zim pays over 50% of its IFAD debt
ZIMBABWE has managed to pay up more than half of its historical debt to the International Fund for Agricultural Development (IFAD) making it eligible to access a $225 million fund… Read more »
Inflation seen slowing down in October
ZIMBABWE’S central bank expects inflation to start slowing by October and believes current inflationary pressures are a temporary phenomenon despite hitting a 10-year high of 56,9 % in January. “Yes,… Read more »
‘China has confidence in Zim’
China has confidence that Zimbabwe will achieve its developmental goals under the leadership of President Mnangagwa, whose reforms will transform the country and attract more investors, the Asian giant’s acting… Read more »
Call for increased economic momentum in Africa
AFRICAN Development Bank (AfDB) president Dr Akinwumi Adesina has called for increased economic momentum in Africa through harnessing agriculture and technology opportunities so as to advance the continent’s development. In… Read more »
January inflation hits 10,75pc
The month on month inflation rate in January 2019 was 10,75 percent gaining 1,72 percentage points on the December 2018 rate of 9,03 percent. This means that prices of goods… Read more »