ECONOMC INDICATORS

Zimbabwe deflationary pressures persist

Deflationary pressures in Zimbabwe continue to persist with the country's annual inflation shedding 1,45 percentage points to -2,65 percent in April form -1,20 percent recorded in March.Latest figures...

By Staff reporter | Published: 21 June 2015

ECONOMC INDICATORS

Broad money supply up 11,6%

Zimbabwe's broad money supply increased by 11,6 percent between January 2014 and January 2015, from $3,88 billion last year to $4,34 billion, on the back of growth in banking sector deposits, statisti...

By Staff reporter | Published: 21 June 2015

ZIMBABWE

'Zim economy to regress further,' says IMF

Zimbabwe's economy is set to slump further this year due to continued decline in global commodity prices, fiscal challenges, and possible difficulties in policy implementation, the International Monet...

By Staff reporter | Published: 21 June 2015

ECONOMC INDICATORS

Zim broad money supply declines

Zimbabwe's broad money supply declined marginally from $4,34 billion in January to $4,33 in billion February this year, confirming the country's economic slowdown, statistics from the central bank sho...

By Staff reporter | Published: 21 June 2015

ZIMBABWE

'Zim can reduce trade deficit with SA'

Zimbabwe has the capacity to turn around its $2,2 billion trade deficit with South Africa if the country starts producing more goods, economic analysts say.This comes after President Robert Mugabe on ...

By Staff reporter | Published: 21 June 2015

ZIMBABWE

Inflation declines further

Zimbabwe's annual inflation rate decreased by 0,12 percentage-points on the January rate of -1,28 percent to -1,40 percent in February, the Zimbabwe National Statistics Agency (Zimstats) said on Frida...

By Staff reporter | Published: 07 June 2015

ZIMBABWE

Zimdollar mentality lingers

Zimbabwean products are expensive as "companies have failed to leave the Zimbabwe dollar mentality" of charging high prices, central bank governor John Mangudya said.He said the scenario has made loca...

By Staff reporter | Published: 07 June 2015

ZIMBABWE

Zim inflation rate remains in the negative

Zimbabwe's year-on-year inflation rate receded to -1, 28 percent in January 2015 after shedding 0, 48 percentage points on December 2014's - 0, 80 percent.The Zimbabwe National Statistics Agency (Zims...

By Staff reporter | Published: 07 June 2015

ZIMBABWE

'Zim govt lacks capacity to fix economy'

Government created the economic mess currently being experienced in the country and is lacking capacity to turn around the country's economic fortunes, an economist has said.Brains Muchemwa, a renowne...

By Staff reporter | Published: 07 June 2015

ECONOMC INDICATORS

Zimbabwe inflation drops again

Zimbabwe's inflation has dropped to -1,28 percent with calls for the government to focus on price stability policies.Data released by the Zimbabwe National Statistics Agency (Zimstat) today shows that...

By Staff reporter | Published: 16 February 2015

ZIMBABWE

Chinamasa's Mid-Term Budget Review in doubt

THE Mid-Term Budget Review statement was highly unlikely to be announced anytime soon, Finance Minister Patrick Chinamasa told Parliament yesterday.Chinamasa said this when he appeared before the Parl...

By Staff reporter | Published: 22 July 2014

ZIMBABWE

Zimra misses revenue target

The Zimbabwe Revenue Authority missed its revenue target for the first half-year to June by 1 percent as poor economic conditions negatively affected inflows to the fiscus.Zimra commissioner-general M...

By Staff reporter | Published: 22 July 2014

ECONOMC INDICATORS

Broad money supply surges

Broad money supply surged by $318 million in the year to May 2014 as the country's deposits base responded to the positive effects of a successful tobacco season, the latest report from the Reserve Ba...

By Staff reporter | Published: 21 July 2014

ZIMBABWE

Zimbabwe's trade deficit narrows to $1,76bn

The country's trade deficit narrowed to $1,76 billion in the six months to June from $2,37 billion last year, a decrease of 25,74 percent.Latest data from ZimStat shows that imports amounted to $2,99 ...

By Fiona Chigwida | Published: 21 July 2014

ZIMBABWE

Zim economy remains fragile

Zimbabwe's economy remained fragile during the first half of the year, a period characterised by closure of companies, liquidations, property attachment over debt and continued spiralling of unemploym...

By Staff reporter | Published: 10 July 2014

ECONOMC INDICATORS

Zimbabwe's trade deficit declines

The country's trade deficit in the five months to May was at $1,47 billion, narrowing by about 17,9 percent from the comparable period last year reflective of the tight liquidity situation and the lac...

By Staff reporter | Published: 10 July 2014

ZIMBABWE

Zim rakes in $400m from exports to EU

Zimbabwe has raked in $400 million from export earnings in the European Union (EU) market since January, reflecting the government's willingness to normalise trade ties with the western trading bloc.I...

By Staff reporter | Published: 09 July 2014

ZIMBABWE

Govt engages private sector on industrial, trade polices coordination

The Government has engaged the private sector in seeking out solutions on how to effectively coordinate the country's Industrial Development Policy (IDP) and the National Trade Policy (NTP).Effective ...

By Staff reporter | Published: 07 July 2014

ZIMBABWE

'Zim lacks clear policy on foreign firms'

Zimbabwe lacks comprehensive policies that govern the registration and operation of foreign firms, the Zimbabwe Investment Authority (ZIA) says.Richard Mbaiwa, the Authority's chief executive, told a ...

By Business Live | Published: 04 July 2014

ZIMBABWE

Zim debt balloons to $9.9 billion

Zimbabwe's principal debt has ballooned by nearly 40 percent from $6,1 billion last year to $9,9 billion, Finance minister Patrick Chinamasa has said.The lawyer-cum-politician yesterday said the count...

By Staff reporter | Published: 04 July 2014

ZIMBABWE

Zim requires 7% average growth rate

Zimbabwe needs a medium and long-term average growth rate of 7 percent if the Government is to significantly reduce poverty and improve the standard of living, an expert has said. African Institute fo...

By Staff reporter | Published: 04 July 2014

ECONOMC INDICATORS

Consumer basket declines

The consumer basket for a family of six has marginally decreased by 0.67 per cent to $588.07 in June from $592.97 due to a minimal decline of prices of goods in the basket in June.According to the Con...

By Staff reporter | Published: 03 July 2014

ZIMBABWE

'Economy not collapsing,' says RBZ chief

ZIMBABWE's economy is not anywhere near collapsing, with the liquidity challenges being experienced not as tight and gloomy as some quarters would want to potray, Reserve Bank of Zimbabwe Governor Dr ...

By Conrad Mwanawashe | Published: 02 July 2014

ECONOMC INDICATORS

Broad money supply up 3% in April

Annual broad money growth slowed down by 1,13 percentage points from 7,7% in March to 6,6% in April but increased by 3,3 % on a month on month basis spurred by tobacco sales, Reserve Bank of Zimbabwe ...

By Staff reporter | Published: 30 June 2014

ECONOMC INDICATORS

Zimbabwe's deflation softens

Zimbabwe's deflation softened with the annual inflation rate gaining 0,07 percentage points to minus 0,19 percent in May on the back of a rise in revenue inflows from tobacco export receipts.According...

By Staff reporter | Published: 16 June 2014
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