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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
Zimbabwe’s inflation rate for the month of February shed 0.54 percent to settle at 2.98 percent compared to the January inflation rate of 3.52 percent, official statistics show.The Zimbabwe National...
ZIMBABWE's year-on-year inflation gained 0.06 percentage points last month to 3.52 percent from the December 2017 rate of 3.46 percent, official statistics show.The Zimbabwe National Statistics Agency...
Zimbabwe is on the verge of breakthrough to start receiving concessionary finding support from the World Bank for the first time in nearly two decades after the Bretton Woods institution agreed to eng...
ZIMBABWE'S national statistics agency this week moved to defend official inflation data following criticism that its figures seemed to understate resurgent price increases largely driven by an acute f...
ZIMBABWE'S year-on year inflation rate closed 2017 at 3.46 percent gaining 0.49 percentage points on the November rate of 2.97 percent, official figures show.This means that prices as measured by the ...
FUNDS held by Zimbabweans in offshore banks rose to US$1 billion last year, having declined to US$300 million four years ago, following escalating political risk and uncertainty at home, Reserve Bank ...
Zimbabwe consumer prices are surging as basics mark their fastest rise this year, with experts blaming the rise on profiteering by retailers.The price of beef soared month-on-month to $7,50 per kg thi...
ZIMBABWE'S trade deficit narrowed by 28% to $1,56 billion in the 10 months of the year on the back of increased exports despite an uptick in imports, latest trade data from the national statistics age...
Zimbabwe's annual inflation gained 0.64 percent in September to 0.78 percent from 0.14 percent is projected to close the year 2018 at levels between 10 and 99 percent, the Parliament Budget Office (PB...
The country's annual inflation for September stood at 0.78 percent, gaining 0.64 percent on the August 2017 rate of 0.14 percent, the Zimbabwe National Statistical Agency (ZimStats) has announced toda...
THE trade deficit between Zimbabwe and South Africa narrowed by 32% to $98 million in the first eight months of the year, after exports increased by 15%, latest trade data from the Zimbabwe Statistica...
RESERVE Bank of Zimbabwe governor, John Mangudya, says year-on-year inflation will continue on an upward trajectory, but end the year at three percent.Price increases have intensified over the past fe...
Consumer Price Index (CPI) inflation remained unchanged in August after showing an upward trajectory for six consecutive months between November 2016 and May 2017.Zimbabwe recorded price inflation of ...
FORMER finance minister and MDC Alliance principal, Tendi Biti, says the alliance government is targeting at a $100 billion economy which will create mass employment, NewZimbabwe.com reported.Speaking...
THE adoption of bond notes as official currency would worsen the parallel market, thereby, quickening inflation, analysts have warned.Last week, government's top adviser on ease of doing business refo...