Govt boosts maize delivery
Road transport has been brought in to supplement the railways bringing maize imports into Zimbabwe from Mozambican ports and from stocks in South Africa to ensure adequate supplies in the … Read More
Category: Economy
Post-disaster recovery plan crucial
History is littered with cases of unresolved post-disaster catastrophes. In the majority of instances, public infrastructure damaged or destroyed during periods of excessive rain in Zimbabwe could go unrepaired for … Read More
July revenue 20pc above target
Government’s total revenue collection for the month of July topped $1,478 billion, 20 percent better than the set target of $1,236 billion as Government’s revenue collection interventions continue to bear … Read More
“Economy To Further Decline, Power Generation To Be Cut…” Finance Minister
Zimbabwe’s Finance Minister, Professor Mthuli Ncube has projected that the economy will further deteriorate by 6.5% this year. He also indicated that power generation will also be cut due to … Read More
“In 2020, The Economy Is Projected To Turn Around” – Mthuli Ncube
Finance Minister, Professor Mthuli Ncube has projected that the economy shall register some positive growth in 2020 due to improved rainfalls which are essential for power generation and agriculture sector. … Read More
Zimbabwe finmin says economy to contract 6.5% this year
(Reuters) – Zimbabwe’s economy is set to contract by 6.5% this year after a drought and power shortages, the finance minister said on Thursday, adding that power generation could be … Read More
“The US$ Isn’t Sustainable For A Number Of Reasons,”Tendai Biti
Former Finance Minister, Tendai Biti says the US$ is not sustainable for a small economy like Zimbabwe. Movement for Democratic Change Vice President, Tendai Biti, has said that the US … Read More
Govt Considering Scrapping Off Import Duty On Various Goods
Govt is considering scrapping off import duty on some goods & food stuffs as a measure to lower down prices in shops. The government is reportedly considering scrapping off import … Read More
Inflation sabotages Masimba Holdings projects
MASIMBA Holdings Ltd says inflationary pressures have forced the group to temporarily shelve some of its key projects and also slowed down the pace of execution on other projects as … Read More
US$ ban piles pressure on employers
The government should channel its entire surplus towards cushioning workers in the face of rising costs and declining incomes, economist Ashok Chakravarti has said. In a wide-ranging interview with Standardbusiness … Read More
