Inflationary pressures choke Zimbabwe industry

A rising bout of inflation is posing a severe threat to Zimbabwe's industries amid growing fears most companies will struggle to restock, which could potentially trigger a significant reduction in pro...

By Staff reporter | Published: 02 June 2022


Zimbabwe's March annual inflation rises to 673.39%

Zimbabwe's annual inflation rose in March to 676.39% with expectations that it might touch the 1000% level within two months as supply chain disruptions and shortages are expected to lead to prolonged...

By Staff reporter | Published: 14 April 2020


Zimbabwe's February annual inflation at 540.16%

Zimstat has resumed the publication of annual inflation data following the lapsing of a twelve-month suspension. The year on year inflation measured by all items CPI came in at 540.16% from 59.39% of ...

By Staff reporter | Published: 16 March 2020


High money supply keeps inflation up

The spectre of sustained high inflation remains a real threat after Zimbabwe's annual broad money grew 81 percent to $17 billion in the 12 months to July 2019 driven by growth in foreign currency acco...

By Staff reporter | Published: 18 October 2019


Continued slowdown in Zimbabwe monthly inflation

Latest statistics from Zimstat show that country's monthly inflation rate was at 17.72% shedding 0.35 percentage points on the August rate of 18.07% as Government continues to target a monthly inflati...

By Staff reporter | Published: 17 October 2019


Mthuli Ncube taken to court over inflation figures

FINANCE minister Mthuli Ncube has been dragged to the High Court by National Social Security Authority (Nssa) employees who, in conjunction with members of the Zimbabwe Pension and Insurance Rights Tr...

By Staff reporter | Published: 11 October 2019


Zimbabwe gears for hyperinflation reporting

ZIMBABWE is on the verge of adopting a hyperinflation financial reporting model at a time inflation figures have spiked as its fragile economy teeters on the brink of collapse.The reporting modality, ...

By Staff reporter | Published: 10 October 2019


'Zimbabwe targets single digit inflation'

THE economy is projected to grow by 4,6 percent next year, building on the ongoing reform initiatives and broader positive assumptions in the domestic sector and favourable global trade indicators, ac...

By Staff reporter | Published: 10 October 2019


Inflation headache for NBS

THE National Building Society (NBS) says it has applied strict cost repression measures in order to contain the effects of inflation.Zimbabwe's inflation rate has been on the rise and quickened furthe...

By Staff reporter | Published: 28 September 2019


Zimbabwe has the highest inflation rate in the world

Annual inflation in Zimbabwe was 300 percent in August, according to new data released by the International Monetary Fund (IMF). At that level, the troubled southern African nation's inflation rate is...

By Staff reporter | Published: 27 September 2019


Month-on-month inflation slows to 18.07% in August

Month on month inflation continued to trend downwards in August, with the figure falling to 18.07% from 21.04% in July. Following the decision to suspend the release of annual inflation statistics, th...

By Staff reporter | Published: 23 September 2019


OMZL bets on real assets under the hyperinflationary environment

Insurance giant Old Mutual Zimbabwe released its financial results for the half year ended 30 June 2019. The headline figure was the 671% growth in profit before tax to $509.2 million while operating ...

By Staff reporter | Published: 23 September 2019


The price of inflation will be very high for Government of Zimbabwe

How many jobs were created in the Midlands province in the month of June 2019? Were there policies put in place, 12 or 6 months ago, in Midlands that can be referenced as explanatory to the job number...

By Chris Chenga | Published: 22 August 2019


Zimbabwe official inflation figures disputed

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


'Zimbabwe inflation to shoot up to 280% by year-end'

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 annual inflation rate surges to 236%

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


Bond notes unsustainable, fuel inflation, claims Fitch

Fitch Solutions, the macro-economic arm of global rating agency says Zimbabwe's currency regime is highly unsustainable and will continue to fuel inflationary pressures going forward.In 2009, the sout...

By Staff reporter | Published: 08 January 2019


'Zimbabwe inflation rate drops'

The country's inflation rate has dropped by over seven percent as government has been working tirelessly to contain price increases, Finance and Economic Development Minister Mthuli Ncube has said.Ncu...

By Staff reporter | Published: 31 December 2018


Forex shortages, inflation weigh on Innscor

Diversified Industrial group, Innscor Africa Limited says gross profit margins during the first quarter of the 2019 financial year remained under pressure due to foreign currency and inflationary pres...

By Staff reporter | Published: 06 December 2018


Anchor wage talks on 10% inflation: RBZ

The Reserve Bank of Zimbabwe (RBZ) says employers and labour unions should anchor any wage negotiations for next year on the projected 10 percent year-on-year inflation. This emerged during the 6th an...

By Staff reporter | Published: 27 November 2018


Surging inflation ravages economy

Zimbabwean business are reeling from a worsening double whammy of runaway inflation and rising input costs, which are threatening to snuff out the country's economic recovery prospects. The recent ala...

By Staff reporter | Published: 22 November 2018


Zimbabwe inflation rate is currently 69,9%, says US economist

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


Inflationary outlook to spur stocks rally

Inflationary pressures are seen pushing stock prices higher as investors rush to preserve value in the face of a weakening local currency and a widening trade deficit.Stockbrokers and investment analy...

By Staff reporter | Published: 14 September 2018


Inflationary outlook to spur stocks rally

Inflationary pressures are seen pushing stock prices as investors rush to preserve value in the face of a weakening local currency and a widening trade deficit. Stockbrokers and investment analysts sa...

By Staff reporter | Published: 07 September 2018


Inflation rises marginally

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

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