Import bill drops again
ZIMBABWE’S import bill has fallen for the fourth consecutive month due to a combination of austerity measures introduced by Government as well as limited availability of foreign currency. According to… Read more »
Category: Zimbabwe
Mthuli Ncube wages war against surging inflation
Zimbabwe’s annual inflation has risen to a 10-year high since hyperinflation, but month-on-month prices are beginning to drop as monetary reforms aimed at combating inflation, addressing foreign currency shortages and… Read more »
Zim struggles despite huge forex inflows
ZIMBABWE is doing fairly well in terms of foreign currency earnings compared to countries such as Rwanda and Ethiopia yet the country is struggling to meet its forex obligations, a… Read more »
Economy looking positive but lacks stability: Robertson
ECONOMIST John Robertson says Zimbabwe’s economic situation is beginning to look promising following the central bank’s decision to liberalise the foreign exchange market last month. Speaking at a meeting on… Read more »
Import bill drops for 4th consecutive month
Zimbabwe’s import bill has fallen for the fourth consecutive month due to a combination of austerity measures introduced by Government as well as limited availability of foreign currency. According to… Read more »
‘Expanding economy driving fuel demand’
The huge demand for fuel, which has caused supply challenges and spawned fuel queues across the country, is testimony that economic activity has expanded significantly over the past year or… Read more »
IMF puts caveat on Zim currency reforms
THE International Monetary Fund (IMF) says the success of currency reforms will depend on the implementation of an effective monetary policy framework supported by market-determined interest rates and prudent fiscal… Read more »
Masisi signs off 1bn pula facility
Botswana President Dr Mokgweetsi Masisi has confirmed the 1 billion pula Botswana credit facility that will be channelled towards Zimbabwe’s private sector. Fielding questions from journalists at the close of… Read more »
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 »