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ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 296 | by Staff reporter
Zimbabwe's month-on-month inflation surges to 5.8% in September
Zimbabwe's month-on-month inflation rate accelerated to 5.8% in September, a sharp rise from 1.4% in August, according to the latest data from the Zimbabwe National Statistics Agency (ZimStat). The in...Published: 30 Sep 2024 at 07:41hrs | 343 | by Staff reporter
Zimbabwe's monthly inflation rises by 0,4%
In August 2024, Zimbabwe experienced a monthly inflation rate of 0.4%, up from - 0.1% in July. This increase was attributed to fluctuations in the parallel market exchange rate, which affected local c...Published: 27 Aug 2024 at 08:13hrs | 243 | by Staff reporter
ZiG kills Zimbabwe's inflation
The Zimbabwe Gold (ZiG) has significantly curbed inflation, achieving a zero percent month-on-month inflation rate for June 2024. Presenting the price statistics, Mr. Aluwisio Mukavhi, th...Published: 30 Jun 2024 at 18:15hrs | 5 | by Staff reporter
Zimbabwe's ZiG knocks down monthly inflation
Zimbabwe's newly introduced currency, the ZiG, has had a notable impact on monthly inflation, reducing it to 0.6%, according to a report by the Zimbabwe National Statistics Agency (Zimstat) released o...Published: 30 May 2024 at 08:57hrs | 9 | by Staff reporter
Mnangagwa must not exempt state entities from scrutiny
GOVERNANCE watchdogs has demanded that President Emmerson Mnangagwa discard his gazetted General Notice 164B of 2024 which exempts 21 key state entities from complying with the Public Procurement and ...Published: 21 Feb 2024 at 20:03hrs | 54 | by Staff reporter
'Zimbabwe inflation rate at 747%'
ZIMBABWE'S annual inflation could be over 20 times higher than the official rate of 34,8%, an independent advisory estimated this week, as it gave glimpses into fundamentals behind deeper turbulence c...Published: 16 Feb 2024 at 15:22hrs | 2 | by Staff reporter
Calls for Sadc anti-graft court
AN ANTI-CORRUPTION watchdog has called on Southern African Development Community (Sadc) member States to up the fight against graft by setting up a regional anti-corruption court.In a petition...Published: 15 Feb 2024 at 10:06hrs | 1 | by Staff reporter
Zimbabwe slides further on the corruption index
ZIMBABWE has continued to perform dismally in fighting graft after scoring 24 out of 100, below the regional average of 33 on the Transparency International's Corruption Perception Index. Tran...Published: 31 Jan 2024 at 04:54hrs | | by Staff reporter
Zimbabwe's trade deficit reaches US$268,7million
ZIMBABWE exported goods worth US$550,6 million in December with three major export destinations South Africa, the United Arab Emirates and China accounting for about 73 percent of the total value, lat...Published: 30 Jan 2024 at 04:21hrs | 1 | by Staff reporter
Food inflation hits Zimbabwe consumers
ZIMBABWE'S food inflation for December jumped by 21% from the November rate following a wave of price hikes of most basic commodities ahead of the festive season.According to a latest Zimbabwe...Published: 29 Dec 2023 at 07:06hrs | 10 | by Staff reporter
'Zimbabwe economic data questionable'
A team of technical experts from the International Monetary Fund (IMF) this week called into question the authenticity of economic data compiled by the Zimbabwe National Statistics Agency (Zimstat), r...Published: 22 Dec 2023 at 18:14hrs | 8 | by Staff reporter
Zimbabwe's yearly inflation increases to 21,6%
In November, Zimbabwe's annual inflation rose to 21.6%, according to data released by the Zimbabwe National Statistics Agency (Zimstat) on Monday. This figure, measured by the all-items Consumer Price...Published: 28 Nov 2023 at 05:12hrs | 2 | by Staff reporter
MPs blast Zacc for low convictions
CITIZENS' Coalition for Change (CCC) parliamentarians have condemned the Zimbabwe Anti-Corruption Commission (Zacc) over the low number of convictions referred to the police despite the rampant illici...Published: 15 Nov 2023 at 18:43hrs | 19 | by Staff reporter
Woe to poverty-stricken Zimbabweans
IT never rains, but pours for the majority of Zimbabweans who are barely making ends meet as the cost of living continues to spiral out of reach.The Zimbabwe National Statistics Agency (ZimSta...Published: 31 Oct 2023 at 05:48hrs | | by Staff reporter
Zimbabwe monthly inflation rate up 2.5%
Zimbabwe's monthly inflation rose to 2.5% in the period ending, marking a slight increase compared to the rates observed in the previous month.The Zimbabwe National Statistics Agency (Zimstat)...Published: 28 Oct 2023 at 08:01hrs | | by Staff reporter
Prices skyrocket in Zimbabwe
The ongoing depreciation of the local currency is plunging Zimbabweans further into economic hardship, causing prices of essential goods and services to soar beyond the means of most low-income famili...Published: 27 Oct 2023 at 06:18hrs | | by Staff reporter
Zimbabwe's 'rigged' inflation remains high at 18.4%
In September, Zimbabwe's annual inflation rate remained high at 18.4%, despite the adoption of a geometric aggregation method by the authorities for analyzing the consumer price index (CPI). The Zimba...Published: 29 Sep 2023 at 06:25hrs | | by Staff reporter
Zimbabwe's inflation drops to 101.3%
Zimbabwe's annual inflation eased to 101,3 percent in July from 175,8 percent in the prior month as the local unit continued to firm against the United States dollar and riding on tight fiscal and mon...Published: 26 Jul 2023 at 06:38hrs | | by Staff reporter
It's time for a new Zimbabwe currency
ZIMBABWE'S official month-on-month inflation figure for May was reported at 75,4% (CPI), by the Zimbabwe National Statistics Agency (ZimStats).The annual inflationary pressures for...Published: 08 Jul 2023 at 09:57hrs | 8 | by Kevin Tutani
Why Mnangagwa failed to improve Zim's economic prospects
IT is now more than five years since President Emmerson Mnangagwa assumed power with a mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, Robert Gabri...Published: 29 Jun 2023 at 06:29hrs | 10 | by Martin Majaji
Opportunity for Zimbabwean Film Industry Professionals
Submissions have opened for the third Creative Producers Indaba (CPI), a film producers' development programme presented by the Realness Institute, in collaboration with EAVE, International Film Festi...Published: 02 Jun 2023 at 10:25hrs | 7 | by Agencies
Businesses ditch Zimdollar
GOVERNMENT yesterday threatened to unleash the Financial Intelligence Unit (FIU) on retailers refusing payment in the local currency or limiting the number of items consumers can buy in Zimdollar, whi...Published: 28 Apr 2023 at 07:04hrs | | by Staff reporter
Zimbabwe inflation rate declines
ZIMBABWE continues to experience a sustained drop in inflation since August last year as the annual rate for March tumbled to 87,6 percent from 92,3 percent in February.The Zimbabwe National S...Published: 28 Mar 2023 at 08:28hrs | 1 | by Staff reporter
Zimbabwe records world's highest food inflation
ZIMBABWE now has the highest food inflation rate globally which now stands at 285%, according to the latest World Bank (WB) report.The development comes after prices of basic foodstuffs and ot...Published: 16 Feb 2023 at 04:53hrs | 6 | by Staff reporter
No evidence to convict '6.9kg gold smuggler' Henrietta Rushwaya?
National Prosecuting Authority (NPA) top official Tawanda Zvekare has made startling claims Zimbabwe's prosecuting arm of the judiciary does not have enough evidence to secure a conviction against Zim...Published: 08 Feb 2023 at 20:08hrs | | by Staff reporter
Zimbabwe monthly inflation rate drops to 0,7%
MONTHLY inflation declined to 0,7% in January 2023 shedding 0,6 percentage points in a development which comes on the back of economic reforms aimed at easing inflationary pressures, Zimbabwe National...Published: 02 Feb 2023 at 08:30hrs | | by Staff reporter
'Zimbabweans are angry'
CIVIL society organisations (CSOs) have warned of simmering civil unrest due to unfettered corruption among President Emmerson Mnangagwa's lieutenants and cronies, after the country fared badly in Tra...Published: 01 Feb 2023 at 07:46hrs | 8 | by Staff reporter
Zimbabwe fuel prices drop again
Fuel prices for both blend and diesel marginally dropped effective today, the Zimbabwe Energy Regulation Authority (ZERA) has said.The last review was on 23 November.In reviewing the c...Published: 30 Nov 2022 at 18:43hrs | | by Staff reporter
Zimbabwe's monthly and yearly inflation sustains significant decline
MONTHLY inflation for the period of November 2022 has declined to 1,8%, sustaining significant declines since the month of August, the Zimbabwe National Statistics Agency (Zimstat) reported Monday....Published: 29 Nov 2022 at 19:32hrs | 1 | by Staff reporter
November 2017 military coup promises shattered
PROMISES of a break with the past and a new beginning, economic recovery, freedom, democratic re-alignment and prosperity by military commanders at the onset of Zimbabwe's 2017 coup as well as b...Published: 21 Nov 2022 at 18:34hrs | 3 | by Staff reporter
SA based Zimbabwean filmmaker walks into a room with a different energy
The Cape Town-based filmmaker's refreshing combination of cool confidence and whimsy comes across even before we've sat for the interview."Hi, can we re-schedule?" a breathless voice says when...Published: 30 Oct 2022 at 06:54hrs | | by Staff reporter
Zimbabwean filmmaker selected for Prestigious Creative Producer Indaba
Fifteen diverse producers from around the globe have been selected to participate in the second Creative Producer Indaba (CPI) which takes place from 7 November this year online for a week, at the Atl...Published: 12 Oct 2022 at 13:46hrs | 2 | by Agencies
Zimbabwe inflation tumbles to 3,5%?
ZIMBABWE'S month-on-month inflation rate has drastically dropped to 3,5 percent in September, shedding 8,9 percentage points on the August rate of 12,4 percent as price stability persists across the m...Published: 27 Sep 2022 at 05:52hrs | | by Staff reporter
Zanu-PF stretching the truth on prices
YOU know we are in the election season when the Zanu-PF government starts lauding itself over non-existent economic improvements.The latest self-praise comes from the Treasury, the Reserve Ban...Published: 19 Sep 2022 at 06:01hrs | | by Staff reporter
Zimbabwe has 2nd highest rising food prices, claims WB
THE World Bank says Zimbabwe has the second highest food prices in the world after it recorded a real food inflation annual rate of 52.In an update dated August 11, 2022, released on Sat...Published: 05 Sep 2022 at 06:40hrs | | by Staff reporter
Zimbabwe rated among 10 poor countries hardest hit by food inflation
THE latest World Bank (WB) food security report has indicated Zimbabwe was among countries worst affected by domestic food price inflation, a development that has exacerbated household food insecurity...Published: 18 Aug 2022 at 20:49hrs | | by Staff reporter
Zimbabwe inflation spikes to 257%
ZIMBABWE'S year-on-year inflation jumped to 256,9% this month, up from 191% in June, evoking memories of the 2008 hyper-inflationary era nightmares as prices of basic goods continue to skyrocket....Published: 30 Jul 2022 at 19:09hrs | | by Staff reporter
South Africa becoming another Zimbabwe, unions plan national shutdown
The South African Federation of Trade Unions (SAFTU) is planning a national shutdown to protest the rising costs of living in the country and the ongoing energy crisis.SAFTU is the country's s...Published: 08 Jul 2022 at 07:42hrs | 8 | by Staff reporter
'South Africa's petrol price could hit R40 a litre'
The ongoing war in Ukraine is costing South Africa billions in lost revenues and added costs, and trade officials are concerned that further widespread disruptions to the local economy are likely....Published: 26 Jun 2022 at 12:29hrs | 6 | by Staff reporter
Family of 6 now requires ZW$110,550 for monthly expenses in Zimbabwe
THE cost of living for a family of six has shot up to a whooping ZW$110 550 for monthly expenses, Zimbabwe National Statistics Agency (ZIMSTAT) latest data for June 2022 has revealed.During th...Published: 26 Jun 2022 at 08:16hrs | 1 | by Staff reporter
Mnangagwa fails to rig the economy
A FAMILY of six now requires a total of ZW$68 178 to meet basic needs per month as inflation continues to surge, according to latest data from the Zimbabwe National Statistical Agency (ZimStat)....Published: 28 Apr 2022 at 09:06hrs | 7 | by Staff reporter
Nightmare as Zimbabwe inflation spikes to 96,4%
ZIMBABWE'S inflation yesterday raced to 96,4%, up from 72% the previous month, raising fears of a possible return to hyperinflation.Inflation has been on an upward trend since late last year w...Published: 27 Apr 2022 at 12:50hrs | | by Staff reporter
Zimbabwe inflation seen closing year at 62%
ZIMBABWE'S annual inflation, in a best case scenario, is projected to close the year at 62,17%, driven by persistent food inflation, researchers at Inter Horizon Securities (IH) have said.In a...Published: 21 Feb 2022 at 05:32hrs | | by Staff reporter
Total consumption poverty line goes up: CCZ
THE country's total consumption poverty line for one person has gone up to $8 496 per month in January 2022, from $6 153 in December last year, the Consumer Council of Zimbabwe has revealed.Bu...Published: 28 Jan 2022 at 06:14hrs | | by Staff reporter
January inflation slows down
ZIMBABWE'S month-on-month inflation rate for the month of January 2022 retreated to 5,34 percent after shedding 0,42 percentage points on the December 2021 rate of 5,76 percent.Official data r...Published: 27 Jan 2022 at 18:33hrs | | by Staff reporter
Zimbabwe crafting own graft perception index
THE Zimbabwe Anti-Corruption Commission (ZACC) says it is developing a local corruption perception index (CPI) after global rankings by anti-occupation watchdogs showed that graft was endemic in the c...Published: 30 Dec 2021 at 07:54hrs | 6 | by Staff reporter
'Zimbabwe monthly inflation remains constant'
THE country's month-on-month inflation for November and December has remained constant at 5,76 percent, according to the Zimbabwe National Statistics Agency (Zimstat).In a latest update, the a...Published: 28 Dec 2021 at 07:11hrs | 4 | by Staff reporter
November inflation sheds 0,64 percentage points
THE month-on-month inflation rate for November 2021 stood at 5,76 percent after shedding 0,64 percentage points on the October 2021 rate of 6,40 percent, according to the Zimbabwe National Statistics ...Published: 29 Nov 2021 at 05:33hrs | 4 | by Staff reporter
Monthly inflation rate surges to 6,4%
Zimbabwe's month-on-month inflation for October 2021 climbed to 6,4 percent, its highest level since August 2020 when it touched its highest point of 8,4 percent, latest figures from the Zimbabwe Nati...Published: 27 Oct 2021 at 22:14hrs | 11 | by Business Reporter
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