Revival of industries and setting up new ones will come under the spotlight during the Zimbabwe International Trade Fair annual business conference next month. The one-day conference being co-hosted...
Reuters) - Cyprus clinched a last-ditch deal with international lenders to shut down its second-largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return f...
The World Economic Forum (WEF) has said Zimbabwe's policy environment is one of the least supportive in the world due to restrictive laws regarding foreign direct investment and property rights.&nbs...
A leading emerging markets economist says Zimbabwe's economy has the potential to grow to the size of Singapore by 2050 if it guarantees property rights, rafts effective agriculture and currency pol...
Euro-area finance ministers agreed to an unprecedented tax on Cypriot bank deposits as officials unveiled a 10 billion-euro ($13 billion) rescue plan for the country, the fifth since Europe's debt c...
Data released by the Zimbabwe National Statistics Agency (ZIMSTAT) on Friday shows that year on year inflation for February 2013 increased by 0,47 percentage points to 2,98 percent from ...
Edgars Limited MD Linda Masterson told an analyst briefing yesterday that low disposable income in the market and heavily indebted customers are negatively affecting the retail sector including the...
Zimbabwe surpassed its revenue target for February this year, after collecting $278 million against a target of $250 million as government seeks to consolidate efforts to raise funds for capital and...
ZIMBABWE'S economy may grow by 4 percent this year, lower than the Government's forecast. But the forthcoming national elections could lay the ground for a robust growth after the elections, a local...
The International Monetary Fund (IMF) has admitted that its failure to restore funding to Zimbabwe is delaying recovery of productive sectors.The IMF team which was in the country to assess economic...
Industry officials have said that anxiety over the forthcoming general elections and perceived risk is stalling the country's efforts to harness the much needed capital. Speaking at a one day-confer...
THE majority of Zimbabweans countrywide are in support of continued dollarisation of the economy introduced in 2009, a report by the Mass Public Opinion Institute (MPOI) says.The report, presented ...
Zimbabwe Statistics Agency has adopted a new Consumer Price Index (CPI) formula, with new weights and classifications in line with international guidelines. The new CPI takes effect from January, 20...
ZIMBABWE should focus on diversifying its export basket for it to lower the widening trade deficit, the African Development Bank has said. The country presently imports about US$7 billion worth of ...
Reports from Brussels, Belgium suggest that the United Kingdom has struck a deal with Belgium on the need for Marange diamonds to return to the European Union markets.According to the reports, Belgi...
MNCapital and Africonomie, leading International Investment Advisory and Institutional Business Development firms in association with SHAEM Investments, Zimbabwean Emerging Markets Advisory and Comm...
Zimbabwe's trade with South Africa reached US$5,8 billion in 2012 although the neighbouring nation enjoyed a trade surplus.Official data from the Zimbabwe National Statistics Agency (Zimstat) ...
The 2013 tobacco marketing selling season opened on Wednesday with beneficiaries of President Robert Mugabe's land reform programme forming the majority of those who brought their bundles to be ...
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...
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...
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...
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...
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...
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...
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...