Category: Zimbabwe

NPLs drop to 8,63 percent

Non-performing loans (NPLs) dropped to 8,63 percent this year from 20,5 percent in 2015, raising expectation the financial services sector is becoming more stable. Although the NPLs have declined to… Read more »

Import bill still relatively high

Finance Minister Patrick Chinamasa has said although there was seemingly an improvement in exports, the overall balance of payments situation remains under pressure, with foreign exchange availability to support domestic… Read more »

President sets ministers targets

President Mnangagwa chaired his first Cabinet meeting yesterday at which he gave ministers a week to present priority projects and quick-win measures under their purview to improve the livelihoods of… Read more »

Prioritise production Cabinet urged

Economists say the recently sworn-in Cabinet should prioritise increased production, ease of doing business reforms and local content promotion as a means to hasten economic turnaround. There is consensus agriculture,… Read more »