Broad money supply surged by $318 million in the year to May 2014 as the country's deposits base responded to the positive effects of a successful tobacco season, the latest report from the Reserve Ba...
The country's trade deficit narrowed to $1,76 billion in the six months to June from $2,37 billion last year, a decrease of 25,74 percent.Latest data from ZimStat shows that imports amounted to $2,99 ...
Zimbabwe's economy remained fragile during the first half of the year, a period characterised by closure of companies, liquidations, property attachment over debt and continued spiralling of unemploym...
The country's trade deficit in the five months to May was at $1,47 billion, narrowing by about 17,9 percent from the comparable period last year reflective of the tight liquidity situation and the lac...
Zimbabwe has raked in $400 million from export earnings in the European Union (EU) market since January, reflecting the government's willingness to normalise trade ties with the western trading bloc.I...
The Government has engaged the private sector in seeking out solutions on how to effectively coordinate the country's Industrial Development Policy (IDP) and the National Trade Policy (NTP).Effective ...
Zimbabwe lacks comprehensive policies that govern the registration and operation of foreign firms, the Zimbabwe Investment Authority (ZIA) says.Richard Mbaiwa, the Authority's chief executive, told a ...
Zimbabwe's principal debt has ballooned by nearly 40 percent from $6,1 billion last year to $9,9 billion, Finance minister Patrick Chinamasa has said.The lawyer-cum-politician yesterday said the count...
Zimbabwe needs a medium and long-term average growth rate of 7 percent if the Government is to significantly reduce poverty and improve the standard of living, an expert has said. African Institute fo...
The consumer basket for a family of six has marginally decreased by 0.67 per cent to $588.07 in June from $592.97 due to a minimal decline of prices of goods in the basket in June.According to the Con...
ZIMBABWE's economy is not anywhere near collapsing, with the liquidity challenges being experienced not as tight and gloomy as some quarters would want to potray, Reserve Bank of Zimbabwe Governor Dr ...
Annual broad money growth slowed down by 1,13 percentage points from 7,7% in March to 6,6% in April but increased by 3,3 % on a month on month basis spurred by tobacco sales, Reserve Bank of Zimbabwe ...
Zimbabwe's deflation softened with the annual inflation rate gaining 0,07 percentage points to minus 0,19 percent in May on the back of a rise in revenue inflows from tobacco export receipts.According...
THE World Bank has cut Zimbabwe's economic growth rate forecasts to just 2 percent on mounting evidence of weak foreign direct investment, liquidity constraints and lack of policy clarity.It has...
Zimbabwe's deflation thawed substantially after the annual inflation rate gained 0,65 percentage points to minus 0,26 percent in April as revenue from tobacco eased the liquidity crisis, but analysts ...
The reintroduction of the Zimbabwe dollar is not a realistic option available to this country in the short to medium term given the compelling need to increase liquidity in the economy, the Bankers As...
The cost of living as measured by the Consumer Council of Zimbabwe's low income urban earner monthly basket for a family of six marginally decreased by 0,32 percent from the March 2014 figure of $561....
The Zimbabwean economy will grow by at least 3% in 2014, according to a World Bank report. According to the World Bank's Zimbabwe Economic Briefing for April 2014, the country's gross domestic pr...
An influential British think tank, Chatham House, says the Zanu-PF government and opposition forces should work towards a consensual or bipartisan politics to confront economic challenges facing...
THE year-on-year inflation rate for the month of March was -0,91% shedding 0,42 percentage points from the previous month, data released by the Zimbabwe National Statistical Agency (ZimStat) sho...
Zimbabwe's deflation accelerated to 0.91 percent year-on-year in March from 0.49 percent in February partly because prices of food and non-alcoholic beverages declined, the national statistics agency...
Tax collector, Zimbabwe Revenue Authority (Zimra), has warned of a tough economic environment ahead as government faces shrinking revenue inflows.Gershom Pasi, the authority's commissioner-general, to...
Economy Faces Slumping Consumer Demand and DeflationBy Godfrey Marawanyika and Brian Latham April 06, 2014 Zimbabwe's economy is suffering from a slump in consumer spending a...
THE cost of living as measured by the Consumer Council of Zimbabwe rose marginally last month from the February figure of $559.93 to $561.24.The food basket increased by 1,52 percent or $2,29 from $15...
The country's manufacturing sector is still depressed as companies continue to face challenges in producing for both local and foreign markets.A survey carried out by ZimTrade on the capacity of the l...