IMF says Zimbabwe economy to contract 7.1% in 2019

The International Monetary Fund is projecting Zimbabwe's economy to contract 7.1% in 2019 but will recover in 2020 to a moderate growth of 2.7% and 2.2% in 2021.  The projections are in line with...

By Staff reporter | Published: 17 October 2019


Tight economy chokes Fidelity insurance revenue

Fidelity Life Assurance says the increase in the costs of basic goods against stagnant wages reduced spending on insurance products.The company's chief executive officer, Reuben Java, told shareholder...

By Staff reporter | Published: 27 June 2019


Can Zimbabwe develop into knowledge economy?

This week I was engaged in an interesting debate with fellow economists, on how Zimbabwe's economy can enter the 21st century. For a country whose future economic revival, I have suggested in my past ...

By Clive Mphambela | Published: 14 June 2019


Production makes the economy, says Mnangagwa

President Mnangagwa said focusing on currency alone will not provide solutions to economic challenges facing the country - imploring Zimbabweans to focus on strategies to boost production. Discourse i...

By eBusiness Weekly | Published: 14 June 2019


An economy cannot be managed by propaganda

AN economy cannot be managed through propaganda. Back in high school, the term "propaganda"used to tickle us as students of history.The famed Oxford Dictionary defines propaganda as information, espec...

By Learnmore Zuze | Published: 11 June 2019


Mnangagwa's govt clueless on economy

PRESIDENT Emmerson Mnangagwa's administration looks increasingly clueless on how to contain consequences of its disastrous economic policies introduced by Finance minister Mthuli Ncube through the Tra...

By Staff reporter | Published: 03 May 2019


ZiFM to broadcast State of the Economy Report launch

ZiFM Stereo will broadcast live the launch of the quarterly State of the Economy Report produced by the Africa Economic Development Strategies (AEDS) in conjunction with the Daily News.The report will...

By Staff reporter | Published: 02 May 2019


Zimbabwe's economy heads towards stagflation

Economists have warned that Zimbabwe risks sinking into stagflation on the back of a simultaneous occurrence of increased inflation, galloping prices, low domestic demand, rising unemployment coupled ...

By Business Times | Published: 26 April 2019


Eddie Cross in Mnangagwa praise for fixing economy

PRESIDENT Emmerson Mnangagwa has not been given the credit due to him as regards both economic and security sector reform, a retired opposition MDC official has said.Former Bulawayo South lawmaker and...

By newzimbabwe | Published: 26 April 2019


Plunging economy hammers business

Zimbabwe's shrinking economy- compounded by skyrocketing inflation, the escalating cost of doing business and surging parallel foreign exchange rates is worsening the plight of commerce and industry i...

By Staff reporter | Published: 25 April 2019


Political upheaval hammers Zimbabwe economy

Zimbabwe's recurrent political turmoil-which took a turn for the worse after last year's disputed presidential election - is hurting the economy badly by amplifying negative perceptions about the coun...

By Fin Gaz | Published: 07 February 2019


Job losses spike as economy deteriorates

POOR government policies have led to the escalation of the country's economic crisis with an estimated 13 000 people in the western region losing their jobs in the past 12 months, a labour official ha...

By Staff reporter | Published: 06 January 2019


Re-dollarisation of economy: Wrong turn for Zimbabwe

There is an effervescence in the economy - an imperceptible but definite shift towards re- dollarisation of the economy.Initially a trickle, this will soon turn into a mighty tide in one direction –...

By Joseph Mverecha | Published: 30 December 2018


Mnangagwa feels heat over economy

With Zimbabwe's economy continuing to tank - and long-suffering citizens now desperate for some respite - President Emmerson Mnangagwa yesterday told thousands of Zanu-PF delegates gathered in Esigodi...

By Staff reporter | Published: 16 December 2018


'SMEs key in uplifting Zimbabwe economy'

The impact of small to medium enterprises (SMEs) on the country's economy cannot be ignored. They contribute largely, not just to the fiscus, but continue to fill the gap in providing services and pro...

By Staff reporter | Published: 16 December 2018


Is Zimbabwe ebuilding or establishing a new economy?

THE struggle to figure a way forward continues. The fire-fighting approach is the order of the day. Despite the various economic policy directions by the government, there is lack of clarity on where ...

By Tapiwa Gomo | Published: 10 December 2018


Economy rebasing to grow Zimbabwe revenue

The rebasing of the Zimbabwean economy has highlighted additional opportunities to grow revenue and also pointed to high levels of tax evasion, Finance and Economic Development Minister Mthuli Ncube h...

By Staff reporter | Published: 10 December 2018


MDC - Zanu-PF talks would cost Mnangagwa the economy

The unwelcome subject of another unity government keeps being foisted on Zimbabweans by the distractive opposition MDC-Alliance of Nelson Chamisa.  It makes no difference that they want to disgui...

By Staff reporter | Published: 10 December 2018


URL listing to depend on economy outlook, says Moyo

A PLANNED initial public offering of United Refineries Ltd (URL) will depend on the economic climate, CE Busisa Moyo says.URL this year moved to strengthen its balance sheet by inviting pension funds ...

By Staff reporter | Published: 07 December 2018


'Zimbabwe economy unofficially dollarises'

Zimbabwe is undergoing bond notes substitution and progressive unofficial dollarisation, economists have said.This comes as more citizens are shunning the national currency in favour of the historical...

By Staff reporter | Published: 02 December 2018


Protest over economy frivolous, claims Zanu-PF youths

THE Zanu-PF youth league yesterday described the protest against the worsening economic situation in the country by the opposition as "frivolous" and accused the MDC of being responsible for the deter...

By Staff reporter | Published: 28 November 2018


Patriotism can save Zimbabwe economy

IN the last few weeks, particularly after elections, Zimbabwe's economy has undergone a material and rapid negative transformation, leaving business, government and labour in a crisis. The biggest dip...

By Daniel Ngwira | Published: 23 November 2018


Zimbabwe economy set to grow by 3,1%

Zimbabwe's economy is projected to grow by 3,1 percent in 2019, which is lower than the 2018 anticipated growth of 4 percent, on subdued agriculture performance due to unfavourable weather conditions....

By Staff reporter | Published: 23 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


Eddie Cross gives economy thumbs up, scoffs at doomsayers

The country's economy is on a sound footing due to Government policy initiatives that have seen growth in the GDP and exports among other indicators, former MDC-T policy advisor Mr Eddie Cross has sai...

By Staff reporter | Published: 19 November 2018

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