BUSINESS NEWS

Zimbabwe now 5th largest economy in Sadc

Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...

By Staff reporter | Published: 10 July 2025

POLITICS

Iran-Israel conflict threatening Zimbabwe's economy

The recent breakdown of ceasefire agreements between Iran and Israel has raised alarms over a potential full-scale conflict in the Middle East, with serious global economic repercussions that could se...

By Staff reporter | Published: 03 July 2025

BUSINESS NEWS

Zimbabwe's economy continues to register positive strides

ZIMBABWEAN President Emmerson Mnangagwa said on Saturday that the country's economy continues to register positive strides.In a post on X, the president said that economic growth is being driven by st...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

IMF says Zimbabwe's economy has made significant progress

The International Monetary Fund said Zimbabwe's economic progress represents a "regime change," but declined to say if or when the Washington-based lender would grant it a staff-monitored program.Wojc...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Treasury launches last-ditch push to stabilise Zimbabwe economy

Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...

By Staff reporter | Published: 22 May 2025

MINING & RETAIL

Smuggling takes toll on Zimbabwe economy

A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...

By Staff reporter | Published: 16 May 2025

BUSINESS NEWS

Zimbabwe on path to private sector-led economy

Zimbabwe is forging ahead with a private sector-led economic model, as the Government and business leaders intensify collaboration aimed at creating a robust and sustainable economy. The move is align...

By Staff reporter | Published: 16 May 2025

BUSINESS NEWS

Zimbabwe's green economy drive gets support

Zimbabwe's bold shift toward a green economy has received strong backing from lawmakers and international development partners, as the nation ramps up efforts to tackle the effects of climate change a...

By Staff reporter | Published: 15 May 2025

FINANCIAL SERVICES

CBZ hails Zimbabwe's less volatile economy

CBZ Holdings Limited has praised Zimbabwe's improving economic environment and easing inflationary pressures, which have played a key role in the financial institution achieving a profit of ZWG537.5 m...

By Staff reporter | Published: 30 April 2025

BUSINESS NEWS

CABS renews US$40m facility to support the economy

The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...

By Staff reporter | Published: 21 April 2025

ZIMBABWE

IMF says Zimbabwe economy to contract 7.1% in 2019

The International Monetary Fund is projecting Zimbabwe's economy to contract 7.1% in 2019 but will recover in 2020 to a moderate growth of 2.7% and 2.2% in 2021.  The projections are in line with...

By Staff reporter | Published: 17 October 2019

FINANCIAL SERVICES

Tight economy chokes Fidelity insurance revenue

Fidelity Life Assurance says the increase in the costs of basic goods against stagnant wages reduced spending on insurance products.The company's chief executive officer, Reuben Java, told shareholder...

By Staff reporter | Published: 27 June 2019

OPINION

Can Zimbabwe develop into knowledge economy?

This week I was engaged in an interesting debate with fellow economists, on how Zimbabwe's economy can enter the 21st century. For a country whose future economic revival, I have suggested in my past ...

By Clive Mphambela | Published: 14 June 2019

BUSINESS NEWS

Production makes the economy, says Mnangagwa

President Mnangagwa said focusing on currency alone will not provide solutions to economic challenges facing the country - imploring Zimbabweans to focus on strategies to boost production. Discourse i...

By eBusiness Weekly | Published: 14 June 2019

OPINION

An economy cannot be managed by propaganda

AN economy cannot be managed through propaganda. Back in high school, the term "propaganda"used to tickle us as students of history.The famed Oxford Dictionary defines propaganda as information, espec...

By Learnmore Zuze | Published: 11 June 2019

BUSINESS NEWS

Mnangagwa's govt clueless on economy

PRESIDENT Emmerson Mnangagwa's administration looks increasingly clueless on how to contain consequences of its disastrous economic policies introduced by Finance minister Mthuli Ncube through the Tra...

By Staff reporter | Published: 03 May 2019

BUSINESS NEWS

ZiFM to broadcast State of the Economy Report launch

ZiFM Stereo will broadcast live the launch of the quarterly State of the Economy Report produced by the Africa Economic Development Strategies (AEDS) in conjunction with the Daily News.The report will...

By Staff reporter | Published: 02 May 2019

BUSINESS NEWS

Zimbabwe's economy heads towards stagflation

Economists have warned that Zimbabwe risks sinking into stagflation on the back of a simultaneous occurrence of increased inflation, galloping prices, low domestic demand, rising unemployment coupled ...

By Business Times | Published: 26 April 2019

POLITICS

Eddie Cross in Mnangagwa praise for fixing economy

PRESIDENT Emmerson Mnangagwa has not been given the credit due to him as regards both economic and security sector reform, a retired opposition MDC official has said.Former Bulawayo South lawmaker and...

By newzimbabwe | Published: 26 April 2019

BUSINESS NEWS

Plunging economy hammers business

Zimbabwe's shrinking economy- compounded by skyrocketing inflation, the escalating cost of doing business and surging parallel foreign exchange rates is worsening the plight of commerce and industry i...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

Political upheaval hammers Zimbabwe economy

Zimbabwe's recurrent political turmoil-which took a turn for the worse after last year's disputed presidential election - is hurting the economy badly by amplifying negative perceptions about the coun...

By Fin Gaz | Published: 07 February 2019

BUSINESS NEWS

Job losses spike as economy deteriorates

POOR government policies have led to the escalation of the country's economic crisis with an estimated 13 000 people in the western region losing their jobs in the past 12 months, a labour official ha...

By Staff reporter | Published: 06 January 2019

OPINION

Re-dollarisation of economy: Wrong turn for Zimbabwe

There is an effervescence in the economy - an imperceptible but definite shift towards re- dollarisation of the economy.Initially a trickle, this will soon turn into a mighty tide in one direction –...

By Joseph Mverecha | Published: 30 December 2018

POLITICS

Mnangagwa feels heat over economy

With Zimbabwe's economy continuing to tank - and long-suffering citizens now desperate for some respite - President Emmerson Mnangagwa yesterday told thousands of Zanu-PF delegates gathered in Esigodi...

By Staff reporter | Published: 16 December 2018

BUSINESS NEWS

'SMEs key in uplifting Zimbabwe economy'

The impact of small to medium enterprises (SMEs) on the country's economy cannot be ignored. They contribute largely, not just to the fiscus, but continue to fill the gap in providing services and pro...

By Staff reporter | Published: 16 December 2018
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