Zimbabwe economic outlook: First quarter 2019
The $8,16 billion 2019 Budget presented by Finance Minister Professor Mthuli Ncube set the tone for the economic outlook of Zimbabwe for the year 2019. Themed “Austerity for Prosperity” the… Read more »
Category: Zimbabwe
Zim, 3 others seek lifting of ivory trade ban
Zimbabwe, together with Botswana, Namibia and South Africa, have applied again to Cites, the global watchdog for endangered animal species, to have a ban on the commercial trade of their… Read more »
‘Zimbabwe returning to domestic currency’. . . Country used US$300 million to import USDs annually . . . Minister rules out introduction of South African Rand
Zimbabwe will reintroduce domestic currency only when conditions are ripe and critical economic fundamentals are in place since using the US dollar as an anchor currency is now unsustainable, according… Read more »
ASX says Zim can attract US$12bn over 5yrs
Zimbabwe has potential to attract foreign direct investment amounting to US$12 billion over the next five years, Australia Stock Exchange (ASX) listed miner and developer of the country’s most promising… Read more »
There Is More To An Economy Than The Value Of Bond Notes
My colleague has already delivered his rebuttal to Mr Eddie Cross’s claim that the bond note is the strongest currency in Southern Africa. In this article I am going to… Read more »
Economic stability by June: Cross
Zimbabwe has firm macro-economic fundamentals, notwithstanding current challenges, and the introduction of a new currency will further enhance stability, according to economist Mr Eddie Cross. Macro-economic fundamentals focus on issues… Read more »
World Bank hails Zim reforms
THE World Bank has hailed Government for reforming the country’s public procurement system, despite the economic challenges the country is facing. The country is making transformational changes by replacing the… Read more »
Economy: Time for efficiency
The flamboyant Victorian British Prime Minister, Benjamin Disraeli, once noted that; “There can be economy, only where there is efficiency”. Zimbabwe’s economy has been full of inefficiencies for far too… Read more »
‘Economy to grow as fuel demand normalises’
THE normalisation of fuel demand across the country leaves Government in good stead to boost economic growth, taking advantage of funds being served per month from reduced imports of petrol… Read more »
Malema appeals to Sadc for Zim bailout
LEADER of South Africa’s far-left party Economic Freedom Fighters (EFF), Julius Malema, has called on the Southern African Development Community (Sadc) to come to Zimbabwe’s rescue with a conditional financial… Read more »