ZIMBABWE

Mealie-meal prices go up

GRAIN millers around the country are facing difficulties sourcing grain locally and this has triggered an increase in mealie-meal prices, Grain Millers Association of Zimbabwe chairperson Mr Tafadzw...

By Staff Reporter | Published: 10 June 2013

ZIMBABWE

Gono warns about SA imports

The governor of the Reserve Bank of Zimbabwe, Gideon Gono, has warned that the country's overreliance on imports from South Africa could undermine Zimbabwe's economic recovery prospects.South Afric...

By Staff reporter | Published: 10 June 2013

ECONOMC INDICATORS

Monthly consumer basket decreases to $567

The Consumer Council of Zimbabwe says the average monthly basket for a family of six marginally decreased from the December 2012 figure of $572 to $567.90 for the month of January.The low-income urb...

By Business reporter | Published: 10 June 2013

ZIMBABWE

'Fake dollar notes volume worrisome,' say Gono

THE Reserve Bank of Zimbabwe (RBZ) has urged retailers and the public to be wary of fake United States dollars and South African rand notes circulating in major cities, including Bulawayo.In his mo...

By Business Reporter | Published: 10 June 2013

ZIMBABWE

Banks to reduce charges substantially

BANK charges will soon be reduced substantially following negotiations between the banking sector and the Reserve Bank of Zimbabwe amid concerns that the current level of charges was against intern...

By Staff reporter | Published: 10 June 2013

ZIMBABWE

Gideon Gono presents Zimbabwe's monetary policy today

THE Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has postponed the announcement of the monetary policy to today.Gono was expected to have delivered the policy statement yesterday.The policy s...

By Staff reporter | Published: 10 June 2013

ZIMBABWE

Zimbabwe gold output up 13%

ZIMBABWE'S gold output rose 13,4 percent last year to 14 742kg from 12 992kg a year earlier, but fell short of the targeted 15 000kg, latest figures from the Chamber of Mines show. Gold revenueswer...

By Business Reporter | Published: 10 June 2013

ZIMBABWE

Zimbabwe's 'ease of doing business' rating falls

Zimbabwe has slipped down two places in the World Bank's ease of doing business 2013 survey, ranking 172 out of 185 economies.The report, released on January 14, ranks economies based on ease of do...

By Staff reporter | Published: 10 June 2013

ZIMBABWE

Zimbabwe, EU trade slumps

European Union Ambassador to Zimbabwe Aldo Dell'Ariccia said  Zimbabwe's trade with the European Union slumped by 9.8% last year and the decline is due to the  euro zone crisis and a poor...

By Business reporter | Published: 10 June 2013

ECONOMC INDICATORS

Zim's inflation eases

Zimbabwe's annual inflation rate eased to 2.91 percent in December, down from 2.99 percent the previous month due to reduced food and clothing costs, the national statistics agency said Tuesday.The ...

By Sapa-AFP | Published: 10 June 2013

ECONOMC INDICATORS

Zimbabwe's trade deficit reaches $3.6 billion

Zimbabwe's trade deficit in the year to December amounted to $3.6 billion after imports of $7.48 billion and exports of $3.88 billion, the Zimbabwe Statistical Office (Zimstats) has said.The trade d...

By Business reporter | Published: 10 June 2013

ZIMBABWE

'Zimbabwe is one of the least free economies'

A LEADING American think-tank has ranked Zimbabwe as one of the least "free economies" in the world due to the perceived political instability and policy volatility that has marked the lifespan of ...

By Business reporter | Published: 10 June 2013
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