Annual inflation continues to slow
Zimbabwe’s official year on year inflation rate for the month of June 2021 slowed to 106,64 percent from 161,9 percent in May, according to Zimstat. This means prices in the … Read More
Category: Zimbabwe
‘Economy needs long-term financing
THE economy needs long-term financing to unlock critical investments and the insurance sector could play a key role in bridging this gap, Finance and Economic Development Minister, Professor Mthuli Ncube, … Read More
RBZ sinks US1,5bn into the economy
A CUMULATIVE US$1,5 billion has been allotted to importers on the central bank administered weekly auction system for key imports since the platform was introduced in June last year, making … Read More
Bubi-Lupane pilots rural industrialisation
GOVERNMENT has identified Bubi-Lupane Irrigation Scheme in Lupane, Matabeleland North, as a pilot project for an integrated business model to be replicated by 450 irrigation schemes across the country as … Read More
Cost of living hits $40 680…as Zim cracks down on enterprise
THE cost of living for a family of six surged by 13,4% to $40 680 this month, from $35 877 in April following relentless price hikes stemming from currency volatilities … Read More
ZB Holdings pledges support to grow economy
LISTED ZB Financial Holdings has vowed to continue supporting economic projects that assist the Government to realise its vision of creating an upper middle-income economy by 2030. ZB head of … Read More
‘Inflation heading the right way’
Zimbabwe’s central bank has projected inflation to take a massive dip in June and July, as it continues to trend down, anchored by exchange rate and price stability; the latter … Read More
IMF projects 6pc GDP growth for Zim
Zimbabwe’s economy is expected to grow by 6 percent this year on the back of a bumper harvest, increased energy production and resumption of greater manufacturing and construction activities, the … Read More
IMF showers praises on Zimbabwe
THE International Monetary Fund (IMF) has lauded Zimbabwe’s resilience to Covid-19 while endorsing the significant progress made by the Second republic led by President Mnangagwa towards transforming the economy. The … Read More
Zimbabwe food security improves significantly
THE country has this year reduced the prevalence of food insecurity by 29 percent compared to the previous year, marking a significant stride towards achieving one of Government’s goals in … Read More
