South Africa has increased market share of manufactured goods that it is importing from Zimbabwe despite the continuous decline in capacity utilisation in local firms. According to the latest survey b...
By Staff reporter | Published: 07 October 2013
FINANCE Minister, Patrick Chinamasa, said on Thursday the country will stick to an IMF monitoring programme that could pave way for the country to clear its debts, as the economy grapples with chronic...
By Reuters | Published: 03 October 2013
The cost of living for an urban family of 6 increased by 0.8% to $567,03 last month pushed up mainly by the rising cost of food, latest figures from the Consumer Council of Zimbabwe have shown. ...
By Business reporter | Published: 03 October 2013
GOVERNMENT is in the process of approving a short and medium term economic plan to address challenges faced by the industry, a Cabinet minister has said.Addressing delegates at the launch of the Manuf...
By Business Reporter | Published: 03 October 2013
New import policies that will soon be introduced by Government to curb the influx of cheap imports will not affect the product supply chain in the country but create a level playing field that will bo...
By Staff reporter | Published: 30 September 2013
Latest statistics indicate that the trade gap between Zimbabwe and South Africa accelerated to over $1 billion in the first seven months of the year. South Africa is Zimbabwe's largest trade partner....
By Staff reporter | Published: 30 September 2013
ZIMBABWE experienced a 17,69 percent deficit on its total domestic and commercial electricity requirements during the eight months to August 2013, official industry data has shown.The magnitude implie...
By Business Reporter | Published: 30 September 2013
ZIMBABWE must limit imports as the year progresses to reduce the current high trade deficit, the African Development Bank (AfDB) has recommended in its latest Zimbabwe Monthly Economic Report.The redu...
By Staff reporter | Published: 30 September 2013
Zimbabwe's gold deliveries went up 15,07 percent to 1 189,28 kg in July from 1 033,49 kg recorded in previous month.Statistics from the African Development Bank (AfDB) revealed that gold deliveries by...
By Staff reporter | Published: 24 September 2013
Zimbabwe's declining long-term deposits is associated with depositors' speculation on the possible return of the local currency after elections, the African Development Bank (AfDB) has said.The southe...
By Staff reporter | Published: 24 September 2013
The Finance Minister, Patrick Chinamasa says the multi-currency regime prevailing will be maintained until the economy stabilises.The remarks come a few weeks after there was scepticism over the use o...
By Staff reporter | Published: 23 September 2013
Zimbabwe is hopeful it will fulfil the set targets on the International Monetary Fund supervised economic reform programme, Finance minister Patrick Chinamasa said last week. In June, the IMF agreed o...
By Staff reporter | Published: 23 September 2013
Zimbabwe's tax commissioner says the government wants to turn around following the damage cause by 15 years of de-industrialisation and investment outflows, but this does not mean going soft on tax pe...
By Staff reporter | Published: 18 September 2013
UK inflation measured by the consumer prices index (CPI) fell to 2.7% in the year to August, from 2.8% in July.It means prices are still rising faster than wages, which rose by 1.0% on average over th...
By BBC | Published: 17 September 2013
According to the Reserve Bank of Zimbabwe's monthly report for July, credit to the private sector continued to be driven by loans and advances, which were partly sustained by offshore lines of credit,...
By Staff reporter | Published: 16 September 2013
NON-FOOD inflation rose 1,44 percent in the 12 months to August 2013, pushing up annualized inflation for the period by 0,03 percent to 1,28 percent, the August report from the Zimbabwe National Stati...
By Staff reporter | Published: 16 September 2013
The basket for a family of six rose to $562,52 for the month of August from $561,32 in July due to an increases in the food basket, the Consumer Council of Zimbabwe has said. According to CCZ, the fam...
By Staff reporter | Published: 13 September 2013
President Robert Mugabe's government is expected to open Zimbabwe's diamond sector to increased foreign investment, as it highlighted that its policy would not seek to "nationalise or expropriate priv...
By Staff reporter | Published: 12 September 2013
ZIMBABWE has missed a June deadline to ensure diamond revenue from Marange flows into Treasury as part of reforms under a supervised programme by the International Monetary Fund (IMF), the Standard r...
By Business reporter | Published: 08 September 2013
THE World Bank has said the 2014 outlook for Zimbabwe's still ailing economy remains increasingly uncertain due to a host of internal and external factors, the Standard reported.In its September Econ...
By Business reporter | Published: 08 September 2013
Brussels - Belgium, centre of the global diamond trade, is demanding that the European Union lift sanctions on a Zimbabwean mining firm despite deep concerns within the bloc over alleged fraud in a J...
By Reuters | Published: 06 September 2013
AS the new government takes office, the World Bank says the 2014 outlook for Zimbabwe's ailing economy is increasingly uncertain.According to the World Bank's September economic briefing, the economy ...
By Staff reporter | Published: 05 September 2013
According to the 2012 Financial Access report, there has been a growing importance of Nonbank Financial Intermediaries (NBFI) showing that NBFIs are playing an important role in deposit and loan pene...
By Business reporter | Published: 02 September 2013
Zimbabwe's gold production slumped 8,64 percent in June 2013 as the sector remains under pressure from falling price of the yellow metal.Gold prices plummeted to $1, 198 per ounce as at June 7, the l...
By Staff reporter | Published: 02 September 2013
Zimbabwe has the potential to become the world's top diamond producer should the gems be sold on an open market, a Canadian firm has reported.In its commentary on the diamonds sector, Kitco, a company...
By Business reporter | Published: 02 September 2013
Mnangagwa's power base on shaky grounds 
Comesa plans to set up regional energy regulator 
UK's Boris Johnson quits over Brexit stretegy 
Inflationary outlook to spur stocks rally 
Zimbabwe inflation rate is currently 69,9%, says US economist 
Cassava modeled around giant Chinese company Tencent 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
