BUSINESS NEWS

GMB forecasts decent deliveries

Farmers have delivered more than 47 136 tonnes of maize, 5 000 tonnes of soyabeans and 136 tonnes of small grains to the Grain Marketing Board (GMB) within the first month of the marketing season, rai...

By Staff reporter | Published: 10 June 2018

MINING & RETAIL

Zimbabwe forecasts surge in diamond output

Zimbabwe's rough-diamond production will more than triple to 11 million carats in 2025, according to the nation's state-owned mining operation. Output will grow at an average of 21% per year from 3 m...

By Rapaport News | Published: 06 June 2018

POLITICS

Mnangagwa forecasts 7% economic growth

President Mnangagwa is optimistic the economy will grow by at least seven percent annually in the next five years on the strength of Government's economic reforms and other interventions. Addressing ...

By Staff reporter | Published: 04 June 2018

BUSINESS NEWS

Sunny spells, thundery showers forecast

Zimbabweans might be waking up to rain and yet more mud, but the good news is that the weather is still set to improve, with most areas mostly sunny and hot, the Meteorological Services Department (MS...

By Staff reporter | Published: 09 March 2018

MINING & RETAIL

Zim's mining industry forecast maintain growth

ZIMBABWE's mining industry is forecast to maintain its growth trajectory, driven by high production volumes, despite the revenue challenges posed by a downslide in global metal prices across most mine...

By Staff reporter | Published: 08 September 2017

ECONOMC INDICATORS

Zimbabwe's 2017 inflation forecast at 2 - 3%

Zimbabwe's inflation is forecast to rise to around two to three percent at the end of this year, before accelerating sharply in 2018 due to election spending.The annual inflation rate, which had been ...

By Staff reporter | Published: 11 August 2017

MINING & RETAIL

RioZim forecasts further losses in FY14

RioZim Limited says it expects to report a bigger loss for the full year to December due to lower tonnage at its Renco Mine combined with the low gold prices in the fourth quarter of last year.In a st...

By Staff reporter | Published: 17 February 2015

FINANCIAL SERVICES

Zimre forecasts $150m turnover

Zimre Holdings Limited is forecasting a turnover of about $150 million by the end of this year as the company targets increased earnings from the disposal of non-core and non-performing local and exte...

By Tinashe Makichi | Published: 02 July 2014

LANDS & AGRICULTURE

Govt forecast 1.8 million tonnes of maize

Government has set a preliminary maize production target of between 1,6 million metric tonnes to 1,8 million metric tonnes following a good rainfall season.The permanent secretary in the Ministry of L...

By Staff reporter | Published: 26 February 2014

ECONOMC INDICATORS

Zim forecasts a $100 million budget deficit

TREASURY has projected a $100 million deficit on the 2013 budget after revising downward targeted collections for the year on poor revenue inflows in October and anticipated poor revenue inflows for t...

By Staff reporter | Published: 06 November 2013

MINING & RETAIL

Mineral revenue forecast to net $5 billion by 2018

Zimbabwe's mining sector has a the potential to boost national economic activity given that it has grown by 35 percent in the period 2009 to 2011 with its contribution to Gross Domestic Product risin...

By Staff reporterq | Published: 26 September 2013

EUROPE

ECB cuts eurozone growth forecasts

FRANKFURT - Professional forecasters surveyed by the European Central Bank have again cut their eurozone growth forecasts for this year and next year, the ECB said yesterday. According to the ECB's q...

By Business reporter | Published: 09 August 2013

AMERICAS

Oil slips but forecast fall in US stockpiles lend support

Singapore-U.S. crude futures slipped in early Asian trade on Tuesday as supply risks from key producers such as Libya abate, but a forecast fall in crude stockpiles in the world's biggest oil consumer...

By AFP | Published: 06 August 2013

BUSINESS NEWS

CZI forecasts slump in capacity utilisation

THE Confederation of Zimbabwe Industries has forecast a further decline in capacity utilisation this year, as manufacturing companies remain under pressure from tight liquidity and competition from lo...

By Business Reporter | Published: 19 July 2013

AMERICAS

US added more workers in June than forecast

Employment increased more than forecast in June, wages picked up and the U.S. jobless rate held close to a four-year low as the world's largest economy weathered the effects of higher taxes and feder...

By Bloomberg | Published: 05 July 2013

EDUCATION

Forecasting for a better future

"The best laid plans of mice and men often go awry", said the Bard over 400 years ago and we haven't devised any way of looking into the future in the interim. We have, however, advanced exponentially...

By Regenesys | Published: 05 July 2013

FINANCIAL SERVICES

CBZ maintains forecast of 10% growth in total income

CBZ is still maintaining the forecast it made at its last analyst briefing of 10% growth in total income, group chief finance officer Never Nyemudzo told the AGM today. "We expect our balance ...

By Business reporter | Published: 10 June 2013
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