OPINION

Zimbabwe in austerity-induced recession

"OUTPUT in Zimbabwe is expected to contract in 2019 with a sharp rise in inflation reducing real incomes and foreign exchange shortages constraining activity," the World Bank reports in its Global Eco...

By Tinashe Kaduwo | Published: 14 June 2019
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AFRICA BUSINESS

SA exits recession with 2.5% GDP growth

South Africa's gross domestic product has rebounded with 2.5% growth for the second quarter of the year.This is an improvement from the contraction reported for two consecutive quarters. GDP declined ...

By Staff reporter | Published: 05 September 2017
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BUSINESS NEWS

Recession fears for Zim economy

Zimbabwe's economy may slip into recession by 2015 if there are no fundamental policy shifts, according to Reserve Bank of Zimbabwe (RBZ) deputy governor Kupukile Mlambo. Mlambo said this while addres...

By Staff reporter | Published: 13 May 2014
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EUROPE

Crisis in UK ‘worse than previously believed’

LONDON - Britain suffered a much deeper recession in 2008-09 than first thought and the economy remains further from recovering its pre-crisis size, according to sweeping revisions to official data.Re...

By Sarah O’Connor and Claire Jones | Published: 30 June 2013
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Business Daily Zimbabwe

Latest News

  1. 1 Mnangagwa stuffs cabinet with family, loyalists
  2. 2 Protesters plan Beitbridge Border Post shutdown
  3. 3 Zimdollar future hangs in the balance
  4. 4 Dutch firm blocked from purchasing Astra Industries parent company
  5. 5 David Coltart elected Bulawayo mayor
  6. 6 NRZ targets US$1m from property leases
  7. 7 Zimbabwe's new MPs to declare assets
  8. 8 Ian Makone elected Harare mayor
  9. 9 Varun Beverages in expansion drive
  10. 10 IDBZ resolute in supporting NDS1

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