Inflation races to 13 months high
Zimbabwe’s economic struggles continued to deepen in February 2024 as the country grappled with its highest inflation rate in 13 months. This concerning development coincided with a sharp decline in … Read More
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Zim mining takes hit amid falling global metal prices
Apprehensions regarding demand growth for platinum stemming from China’s tepid economic recovery have further dampened market sentiment of the metal.Martin Kadzere A steady decline in prices of key metals such … Read More
Monetary policy needs to be announced
When will the monetary policy statement for the start of the new year actually come out? This is of major concern to a lot of people in the markets at … Read More
Govt borrowing plan raises hope for transparency
The Zimbabwean Government’s decision to release the 2024 Annual Borrowing Plan (ABP) has been met with positive reactions from analysts and other key economic actors, who see it as a … Read More
$5,24 billion worth of Gold-Backed Digital Tokens sold
THE Gold-Backed Digital Tokens (GBDT), known as Zimbabwe Gold (ZiG), on Tuesday mopped $5,24 billion, the highest in the past week with a total milligrams of gold purchased during the … Read More
Bleak year for Zimbabwe Dollar predicted
With the local currency already facing huge challenges in 2024, economic research companies are already forecasting a bleak year for the Zimbabwe Dollar. In their 2024 outlook, Morgan and Co … Read More
Zim debt now about US$23 billion
European Union (EU) Ambassador to Zimbabwe Jobst von Kirchman says the country now owes US$18,7 billion in external debt, placing its total public debt to about US$23 billion. As of … Read More
Zim debt set to balloon… as Treasury borrows to finance budget gap
ZIMBABWE is set to finance its 2024 total budget financing gap of ZWL$9,2 trillion through domestic and external borrowing, a development that will further sink the country deep into debt. … Read More
Monetary policy expected to shed light on currency board framework
THE eagerly awaited Monetary Policy Statement (MPS) from the outgoing Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya is expected to shed more light on the proposed currency board … Read More
Confederation of Zimbabwe Industries commended for introducing Women in Industry Chapter
THE Confederation of Zimbabwe Industries (CZI), has been commended for introducing the Women in Industry Chapter, as the development has potential to ensure full participation of women in the industrialisation … Read More
