Zimbabwe's interim currency fell to a new low on the black market on Thursday and local firms were demanding payment in U.S. dollars as a hedge against inflation, which is running at its highest in a ...
By Reuters | Published: 20 June 2019
RENOWNED United States economist and currency expert Steve Hanke has disputed the latest official inflation figures released by government this week.Hanke, who had previously volunteered to advice Pre...
By Staff reporter | Published: 20 June 2019
INFLATION could end the year around 280% and may rise to stratospheric levels thereafter if a new currency is introduced without preceding macro-economic fundamentals, a local research firm has said.Y...
By Staff reporter | Published: 14 June 2019
Zimbabwe's imports for the first four months of the year to April 2019 dropped 31 percent to US$1,5 billion from US$2,2 billion registered in the same period last year, as the country's import bill co...
By Staff reporter | Published: 12 June 2019
Economists, John Robertson, Persistence Gwanyanya and Prosper Chitambara have dismissed Finance Minister, Mthuli Ncube's budget surplus of US$443 million recorded in the first quarter of 2019 for fail...
By Staff reporter | Published: 11 June 2019
Renowned United States economist and currency expert Steve Hanke says Zimbabwe's annual inflation rate is at 236 percent, much higher than the official figure of 42,09 percent published by Zimbabwe Na...
By Staff reporter | Published: 19 January 2019
THE country's month-on-month trade deficit for October declined by 37,5 percent to $144,3 million from $230,9 million in September, official figures from the Zimbabwe National Statistics Agency (Zimst...
By Staff reporter | Published: 28 November 2018
RENOWNED United States economist Steve Hanke says Zimbabwe's annual inflation rate is 69,9%, much higher than the official figure of 4,83%."At present, Zimbabwe's annual inflation rate, by my measure,...
By staff reporter | Published: 30 September 2018
ZIMBABWE'S import bill rose 26% in the six months to July 31 this year, driven by firming demand for fuel and food.Data for January is missing.The growing import pressures also saw the country's trade...
By Staff reporter | Published: 12 September 2018
Zimbabwe's economy will register a significant Gross Domestic Product (GDP) growth of 6,5% this year, before shooting to 15% next year, should next week's elections be credible, with a clear winner, a...
By Staff reporter | Published: 27 July 2018
YEAR-on-year inflation rose marginally to 2,91 percent last month after gaining 0,20 percentage points from May, data from the Zimbabwe National Statistics Agency (Zimstat) shows.Zimstat indicated tha...
By Staff reporter | Published: 24 July 2018
Zimbabwe's annual rate of inflation for June gained 0,20 percentage points to 2,91 from 2,71 percent in May, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. "This means th...
By Staff reporter | Published: 18 July 2018
RESERVE Bank of Zimbabwe governor John Mangudya says the central bank has increased the foreign currency injections into the economy by 50% to $150 million a month to ease forex shortages.This came am...
By Staff reporter | Published: 16 July 2018
ZIMBABWE will have to use the parallel market rate to determine the official exchange rate when it introduces a new currency, economic commentators have said.The country adopted a multi-currency syste...
By Staff reporter | Published: 27 June 2018
Government will soon unveil systematic measures to comprehensively address cash shortages, while introduction of a local currency will remain a long-term objective, President Emmerson Mnangagwa has sa...
By Staff reporter | Published: 24 June 2018
The World Bank is concluding funding requirements for Zimbabwe as part of processes to start lending to the southern African country, Finance and Economic Planning Minister Patrick Chinamasa has said....
By Staff reporter | Published: 22 June 2018
ZIMBABWE's year-on-year inflation remained constant at 2,71 percent in May, official data from the Zimbabwe National Statistics Agency (Zimstat) shows.The month-on-month inflation rate was at 0,05 per...
By Staff reporter | Published: 19 June 2018
THE alarming fall of the South African rand against major currencies - over the past few months - is likely to hit Zimbabwe's ailing economy hard.Although Harare continues to resist local industry's i...
By Staff reporter | Published: 15 June 2018
THE widening trade deficit which reached almost US$1 billion in the first four months of 2018 continues to wreak havoc on the deepening economic crisis despite government's repeated claim that the cou...
By Staff reporter | Published: 08 June 2018
Zimbabwe has received a massive infrastructure boost after the country last week became the nineteenth member state of the Africa Finance Corporation (AFC) - the continent's leading infrastructure dev...
By Staff reporter | Published: 28 May 2018
ZIMBABWE's exports increased by 46 percent to $329,6 million in the first four months of the year compared to $225,6 million during the comparable period last year, official trade figures show.The imp...
By Staff reporter | Published: 15 May 2018
The International Monetary Fund has reviewed Zimbabwe's economic growth rate for this year and sees growth picking up next year as the country moves away from the difficult period it has been going th...
By Staff reporter | Published: 23 April 2018
Zimbabwe's annual rate of inflation gained 0,6 percentage points in December 2017 to 3,52 percent in January 2018, latest official data shows, partly driven by the 2018 back to school spending.The Zim...
By Staff reporter | Published: 20 March 2018
THE year-on-year inflation rate for the month of February stood at 2,98%, after shedding 0,54 percentage points on the January figure, the country's statistical agency has said.In January, annual infl...
By Staff reporter | Published: 19 March 2018
THE depletion of banks' nostros accounts, used to fund foreign payments, created serious settlement problems for international payments and resulted in most banks having a backlog for telegraphic tran...
By Staff reporter | Published: 15 March 2018
Mzembi claims his phone was hacked 
South African businesses struggling 
Trump admin launches $166B tariff refund portal 
ZSE's reform gamble 
Zimbabwe inflation holds below 5% 
Zimbabwe eyes US$1bn in manufactured exports by 2030 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
