The Zimbabwe government has abandoned its plan to access a debt relief facility under the Highly Indebted Poor Countries (HIPC) initiative, meant to resolve its unsustainable debt, Business Times repo...
By Staff reporter | Published: 02 June 2022
A rising bout of inflation is posing a severe threat to Zimbabwe's industries amid growing fears most companies will struggle to restock, which could potentially trigger a significant reduction in pro...
By Staff reporter | Published: 02 June 2022
Bureaux De Changes will be required to trade only through an online retail foreign currency platform with the trades being fed in real-time to a central monitoring server, according to new rules which...
By Staff reporter | Published: 17 March 2020
The International Monetary Fund is projecting Zimbabwe's economy to contract 7.1% in 2019 but will recover in 2020 to a moderate growth of 2.7% and 2.2% in 2021. The projections are in line with...
By Staff reporter | Published: 17 October 2019
The issue of the exchange rate has progressively become the focal point of local economic discourse as uncertainty continues to grip the country's future. Following the accelerated depreciation in the...
By Staff reporter | Published: 23 September 2019
Zimbabwe's imports for the first four months of the year to April 2019 dropped 31 percent to US$1,5 billion from US$2,2 billion registered in the same period last year, as the country's import bill co...
By Staff reporter | Published: 12 June 2019
Economists, John Robertson, Persistence Gwanyanya and Prosper Chitambara have dismissed Finance Minister, Mthuli Ncube's budget surplus of US$443 million recorded in the first quarter of 2019 for fail...
By Staff reporter | Published: 11 June 2019
RESERVE Bank of Zimbabwe governor John Mangudya says the central bank has increased the foreign currency injections into the economy by 50% to $150 million a month to ease forex shortages.This came am...
By Staff reporter | Published: 16 July 2018
ZIMBABWE will have to use the parallel market rate to determine the official exchange rate when it introduces a new currency, economic commentators have said.The country adopted a multi-currency syste...
By Staff reporter | Published: 27 June 2018
Government will soon unveil systematic measures to comprehensively address cash shortages, while introduction of a local currency will remain a long-term objective, President Emmerson Mnangagwa has sa...
By Staff reporter | Published: 24 June 2018
The World Bank is concluding funding requirements for Zimbabwe as part of processes to start lending to the southern African country, Finance and Economic Planning Minister Patrick Chinamasa has said....
By Staff reporter | Published: 22 June 2018
THE widening trade deficit which reached almost US$1 billion in the first four months of 2018 continues to wreak havoc on the deepening economic crisis despite government's repeated claim that the cou...
By Staff reporter | Published: 08 June 2018
Zimbabwe has received a massive infrastructure boost after the country last week became the nineteenth member state of the Africa Finance Corporation (AFC) - the continent's leading infrastructure dev...
By Staff reporter | Published: 28 May 2018
THE depletion of banks' nostros accounts, used to fund foreign payments, created serious settlement problems for international payments and resulted in most banks having a backlog for telegraphic tran...
By Staff reporter | Published: 15 March 2018
Zimbabwe is on the verge of breakthrough to start receiving concessionary finding support from the World Bank for the first time in nearly two decades after the Bretton Woods institution agreed to eng...
By Staff reporter | Published: 26 January 2018
FUNDS held by Zimbabweans in offshore banks rose to US$1 billion last year, having declined to US$300 million four years ago, following escalating political risk and uncertainty at home, Reserve Bank ...
By Staff reporter | Published: 14 December 2017
Zimbabwe consumer prices are surging as basics mark their fastest rise this year, with experts blaming the rise on profiteering by retailers.The price of beef soared month-on-month to $7,50 per kg thi...
By Staff reporter | Published: 06 December 2017
ZIMBABWE'S trade deficit narrowed by 28% to $1,56 billion in the 10 months of the year on the back of increased exports despite an uptick in imports, latest trade data from the national statistics age...
By Staff reporter | Published: 28 November 2017
THE trade deficit between Zimbabwe and South Africa narrowed by 32% to $98 million in the first eight months of the year, after exports increased by 15%, latest trade data from the Zimbabwe Statistica...
By Staff reporter | Published: 29 September 2017
FORMER finance minister and MDC Alliance principal, Tendi Biti, says the alliance government is targeting at a $100 billion economy which will create mass employment, NewZimbabwe.com reported.Speaking...
By Staff reporter | Published: 04 September 2017
THE adoption of bond notes as official currency would worsen the parallel market, thereby, quickening inflation, analysts have warned.Last week, government's top adviser on ease of doing business refo...
By Staff reporter | Published: 04 September 2017
THE central bank's decision to more than double the size of its bond-note programme to $500 million confirms the country is headed towards de jure de-dollarisation, which threatens to accelerate infla...
By Staff reporter | Published: 04 September 2017
ZIMBABWE'S economy continues to be in the doldrums despite the government claiming it is on the rebound, industry officials have said.Over the years, government officials have been talking about an ec...
By Staff reporter | Published: 03 September 2017
ZIMBABWE'S trade deficit narrowed by 21 percent to $1,2 billion in the first seven months of the year, latest trade data from the statistics agency shows.Figures from the Zimbabwe Statistics Agency (Z...
By Staff reporter | Published: 29 August 2017
THE Reserve Bank of Zimbabwe (RBZ) says the production of about four tonnes of gold a month could help the country's economy become more self-sufficient.Speaking to guests at a fundraising dinner host...
By Staff reporter | Published: 29 August 2017
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
