Bulawayo24 News - Skyes! "it makes perfect sense"

Zimbabwe GDP jumps 7%

Zimbabwe's economy registered strong growth in the second quarter of 2025, with gross domestic product (GDP) rising 7,01 percent compared to the previous quarter, according to figures released by the Zimbabwe National Statistics Agency (Zi…

Published: 31 Aug 2025 at 21:27hrs | 343 | by Staff reporter

Zimbabwe on track for 6% growth

Zimbabwe is on track to achieve a forecasted 6% economic growth in 2025 helped by good agricultural output and strong commodity prices, Finance Minister Mthuli Ncube said on Thursday.The Southern African country's economy has shown signs o…

Published: 01 Aug 2025 at 10:00hrs | 265 | by Staff reporter

Illegal logging costs Zimbabwe millions

Deep in the misty Eastern Highlands, along the Zimbabweâ€“Mozambique border, the whine of chainsaws has replaced the natural chorus of birdsong. Towering indigenous and exotic trees, some centuries old, are falling to unchecked, illegal lo…

Published: 01 Aug 2025 at 08:29hrs | 75 | by Staff reporter

Zimbabwe's rebasing pushes GDP to US$45,7bn

The government's recent rebasing of Zimbabwe's economy has lifted its gross domestic product (GDP) valuation to US$45,7â€¯billion and gross national income (GNI) per capita above US$3â€¯000 - even as exchange rate distortions cloud the tru…

Published: 01 Aug 2025 at 08:27hrs | 280 | by Staff reporter

Zimbabwe govt risks losing millions in undelivered goods

The Zimbabwean government faces the risk of losing millions of dollars after revelations that several ministries, departments, and agencies (MDAs) have yet to receive vehicles and other assets paid for as far back as 2021, according to the…

Published: 29 Jul 2025 at 09:04hrs | 661 | by Staff reporter

Zimbabwe's GDP declines 1.73%

Zimbabwe's Gross Domestic Product (GDP) contracted by 1.73% to ZWG17.6 billion in the first quarter of 2025, down from ZWG17.9 billion recorded in the fourth quarter of 2024, the Zimbabwe National Statistics Agency (ZimStat) announced yest…

Published: 29 Jul 2025 at 09:01hrs | 217 | by Staff reporter

Zimbabwe revises GDP upwards to US$44.4 billion

Zimbabwe has recorded a significant rise in its Gross Domestic Product (GDP), now revised to ZiG168.5 trillion (approximately US$44.4 billion), marking a substantial increase from the previous estimate of ZiG133.7 trillion (US$35.2 billion…

Published: 09 Jul 2025 at 07:52hrs | 161 | by Staff reporter

Zimbabwe's GDP grows 2.9% to US$45.7 billion

Zimbabwe's economy expanded by 2.9 percent in 2024, with the Gross Domestic Product (GDP) rising to US$45.7 billion from US$44.4 billion in 2023, according to the latest figures released by the Zimbabwe National Statistics Agency (ZimStat)…

Published: 02 Jul 2025 at 17:46hrs | 174 | by Staff reporter

Bulawayo ranks second in GDP contribution

Bulawayo Metropolitan Province has cemented its position as Zimbabwe's second-largest contributor to the national gross domestic product (GDP), following closely behind Harare. This development was revealed in a new report by the Confedera…

Published: 22 Apr 2025 at 07:37hrs | 1382 | by Staff reporter

Zimbabwe's foreign policy contributes to the economic growth trajectory

Zimbabwe's foreign policy in the past six years has been commended for contributing to the economic growth trajectory under the Second Republic.Upon inception, the Second Republic sought to place Zimbabwe back on the global community of na…

Published: 26 Dec 2024 at 17:05hrs | 653 | by Staff reporter

Zimbabwe's GDP takes US$12bn knock

Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challenges faced by the country, including th…

Published: 14 Dec 2024 at 10:35hrs | 197 | by Staff reporter

4 banks quit in South Africa in 2024

BNP Paribas, HSBC, Sasfin Bank, and Bidvest Bank have all announced massive changes to their South African operations in 2024.French-based BNP Paribas was the first bank of the four to announce changes to its South African operations, with…

Published: 09 Dec 2024 at 15:19hrs | 782 | by Staff reporter

South Africa running out of money at an alarming rate

Efficient Group chief economist Dawie Roodt has warned that South Africa is heading for a financial crisis due to its growing debt burden.Speaking to State of the Nation's Mark Sham, Roodt said South Africa's fiscal deficit is far too high…

Published: 09 Dec 2024 at 15:15hrs | 727 | by Staff reporter

Zimbabwe govt keeps civil servants' salaries at 12% of GDP

The Zimbabwean government has announced that it will maintain civil servants' salaries at 12% of the gross domestic product (GDP), using GDP growth as the benchmark for future salary improvements. This decision comes as public sector worke…

Published: 18 Oct 2024 at 08:52hrs | 2749 | by Staff reporter

South Africa GDP growth is an 'illusion' benefiting the few

The Economic Freedom Fighters (EFF) have dismissed the recent GDP growth figures released by Statistics South Africa (Stats SA) as "misleading", accusing the government and financial institutions of creating a false narrative of economic r…

Published: 05 Sep 2024 at 09:17hrs | 187 | by Staff reporter

ZiG uncertainties to frustrate GDP forecasts

Zimbabwe's economic growth prospects are facing serious challenges due to liquidity shortages and a severe drought, according to leading advisory firms and economists. In a recent mid-term budget review, Finance Minister Mthuli Ncube revis…

Published: 03 Aug 2024 at 12:57hrs | 201 | by Staff reporter

Zimbabwe mines need a web presence

Zimbabwe has only just over ten mines and mining companies with an online presence. Mines with a web presence include ZimPlats, Caledonia Mining Corporation, A and F Avalon Gold Mine, Renco Gold Mine, Mimosa, Bindura Nickel Corporation, Zi…

Published: 24 Dec 2023 at 09:57hrs | 16 | by Jacob Kudzayi Mutisi

Indigenous churches should own properties

The Saint John Apostolic Church of the Whole World's Projects Director, Mr Francis Mugandani urged indigenous churches to own properties and become self-reliant, fully empowered and realise development to boost religious tourism.Speaking d…

Published: 11 Dec 2023 at 14:08hrs | 35 | by Simbarashe Sithole/Gideon Madzikatidze

Zimbabwe GDP to grow by 4,8%

The International Monetary Fund (IMF) has reported that Zimbabwe's real gross domestic product is expected to grow by approximately 4.8 percent in the current year, driven primarily by robust performances in the mining and agriculture sect…

Published: 26 Oct 2023 at 06:26hrs | 2 | by Staff reporter

Zimbabwe GDP jumps 6,2% to $56 billion

ZIMBABWE's gross domestic product (GDP) grew by 6,2 percent to clock $56,1 billion during the first quarter of the year 2023 when compared to $52,8 billion recorded in the same period last year.In a bold reflection of the positive impact o…

Published: 14 Jul 2023 at 07:43hrs | 9 | by Staff reporter

If ED doing great job why is he afraid to be questioned by the nation?

The world over, heads of state and government are never wary of availing themselves to the media.Even unpopular ones, as former US president Donald John Trump - who knew he would be ruthlessly bombarded by the media - still availed themsel…

Published: 20 Jun 2023 at 11:27hrs | 15 | by Tendai Ruben Mbofana

Analysis of the 2023 national budget

The Zimbabwean government presented a ZW$4.5 trillion budget (21% of 2021 GDP) for the 2023 fiscal year. The government expects to collect revenues totaling ZW$3.9 billion (18% of GDP), thus resulting in a budget deficit of ZW$0.6 trillion…

Published: 16 Dec 2022 at 00:15hrs | 16 | by Victor Bhoroma

Zimbabwe macroeconomic priorities for 2023

Zimbabwe's treasury department presented a ZW$4.5 trillion budget (21% of 2021 GDP) for the 2023 fiscal year. The budget roughly translates to US$5.3 billion if the market exchange rate is used. As is the case over the past 10 years, reven…

Published: 15 Dec 2022 at 23:53hrs | | by Victor Bhoroma

Positive growth visible, says Mthuli

The economy is on a robust growth and development trajectory, with major sectors performing above projected levels despite the existence of a number of problems affecting the economic activity, Finance and Economic Development Minister Mth…

Published: 29 Oct 2021 at 09:07hrs | 197 | by Staff Reporter

Inside the cotton value chain

Cotton has been grown in Zimbabwe from as far back as 1940, even though production was enhanced after the establishment of the Cotton Marketing Board (CMB) in 1969. The white Gold is the second most important cash crop in Zimbabwe (After T…

Published: 09 Sep 2021 at 19:33hrs | 14 | by Victor Bhoroma

Schools urged to commercialise, contribute to GDP

PRIMARY and Secondary Education minister Cain Mathema has urged schools to commercialise their projects so that they can contribute to the country's gross domestic product (GDP).Mathema made the remarks yesterday during a tour of the Unite…

Published: 30 Jul 2021 at 07:43hrs | 11 | by Staff reporter

Reforming to rebuild Zimbabwe: A time for growth - Mthuli Ncube

With the recent announcements of vaccines to the Covid-19 pandemic, the world is staring through their dark tunnel to get a glimpse of the light.While the pain continues, and many still suffer, the ray of hope is on the horizon for citizen…

Published: 13 Dec 2020 at 05:55hrs | 1 | by Prof Mthuli Ncube

Sector priorities for NDS implementation

Zimbabwe launched its new 5 year economic blueprint called the National Development Strategy (NDS-1) on 16 November 2020. The new plan succeeds the Transitional Stabilization Programme (TSP) that ends this year after running a 2-year relay…

Published: 01 Dec 2020 at 09:17hrs | 10 | by Victor Bhoroma

Realizing your dreams in the age of austerity

Zimbabwe's 2019 National Budget Statement, which was presented under the theme "Austerity for Prosperity," is generally aimed at correcting the fiscal imbalance that is mainly responsible for high inflation, indebtedness and foreign curren…

Published: 25 Apr 2019 at 08:59hrs | 1 | by Mapozho Saruchera

Price stability key to economic recovery

"A more efficient management system of scarce foreign exchange is key to price stabilisation and business growth."According to the "Transitional Stabilisation Programme" (TSP), the aspirations of Vision 2030 will be realised through five s…

Published: 18 Mar 2019 at 06:52hrs | | by Vince Musewe

Supply side intervention key for Zimbabwean Industries

The local industry has been operating below par in the last 20 years. Various policies by the government have failed to reindustrialize the economy with the sector's contribution to GDP falling below 13% in 2017 ($3.4 billion after data re…

Published: 01 Dec 2018 at 10:22hrs | 1 | by Victor Bhoroma

Zimbabwe considers debt cancellation

Zimbabwe is considering a request to have its debt with the multilateral lenders, World Bank and International Monetary Fund to be cancelled in order to reduce burden on the country's fragile economy.Debt either at household and national l…

Published: 17 Oct 2018 at 14:07hrs | 2 | by Staff Reporter

Zimbabwe is open for business - a reality

The Zimbabwe is open for business ellipsis seems to have grappled the rest of the world as investment keeps pouring into the country, with Zimbabwe raking in a record-breaking US $11 billion dollars in foreign investment in the past four m…

Published: 11 May 2018 at 22:14hrs | 19 | by Daphine Zulu

Current systems are corrupt, tribalistic, marginalise others

We are living in a time when we must, will and should treat our societies of the ills of a status quo political class. This class of people have intentionally put or left in place policies and systems of governance that when all is said an…

Published: 17 Apr 2018 at 07:20hrs | 3 | by Nqobizitha Maplanka

New dawn for Africa

In a historic moment that saw 44 African countries coming together and participating in the assenting of three major economic agreements during the African Union Extraordinary Session of Heads of States and Government in Kigali, Rwanda, re…

Published: 22 Mar 2018 at 13:13hrs | 1 | by Anesu Pedzisayi

2nd national development plan for Zimbabwe

An Alternative for the Government of Zimbabwe in Re-Building Zimbabwe I get frustrated when we simply talk and talk without implementation. Implementation is very critical. If we decide to have a blue print for this country, first of all w…

Published: 08 Jan 2018 at 12:47hrs | 2 | by Tinashe Eric Muzamhindo

IMF revises Zimbabwe growth upwards to 2%

The International Monetary Fund (IMF) continues to be bullish on the 2017 global growth and has marginally reviewed upwards Zimbabwe's real gross domestic product projections from the -2.5% it forecast in its October 2016 outlook to 2%.&nb…

Published: 18 Apr 2017 at 17:42hrs | | by Staff reporter

Citizens need rescue from ravenous banks

It is inundating to note that banks are contributing in the continuity of the cash crisis by devious means as depositors are boldly reluctant to deposit cash owing to their imposition of exorbitant bank charges.  The current cash shor…

Published: 02 Jun 2016 at 13:22hrs | | by Sparkleford Masiyambiri

Sunday women matters with Blondie - Thought for that toiling Zimbabwean woman

According to government statistic 85% of the country's population is in employment and 90% of that in the inform sector. Very well stated by government, the informal sector contributes about 25% of the country's GDP.With all the wonderful …

Published: 27 Jul 2014 at 17:18hrs | 15 | by Lorraine Blondie Sibanda

Search / Gdp

Get latest news by email:

ANC councillors reject Ramaphosa's call to follow DA

Irrigation schemes remain severely underutilised

Zanu-PF top brass trapped with cash, cars

Scott Sakupwanya gives Simba Bhora US$100,000

ZANU-PF official jailed for stealing

Maswerasei blasts Chamisa

Hwange Power Station's older units to undergo major rehab

Principal arrested for indecent assault of students

Zimra employees accused of US$6.3 million fraud

Ruwa aims for town status

Zanu-PF youths die en route to Mnangagwa's birthday bash

Zimbabwe clinches historic T20I series win

Harare suburb battles severe sewage crisis

Chirumanzu chieftainship dispute intensifies

Churches pray for Mnangagwa's continued rule

Church commits to partnering govt in anti-drugs, substances abuse

Ex-Bosso CEO found guilty of US$2,000 fraud

RemitHope seeks to raise US$100 000 for 10 grassroots organisations in Africa

US lawmaker pushes Zimbabwe to repay white farmers

USA could finally repeal ZDERA sanctions on Zimbabwe, but...

3 men jailed for robbing Freda Mine worker in Gwanda

Security guard goes on goat stealing spree

Man finally in court 8 years after sister's murder

Unlicenced joyride 'car thief' beg court

Women's Bank partners Govt

Inferno destroys 30 vehicles at Mutare's Brooms garage

Potraz relocates over 40 base stations

Ruwa robbery suspects arrested after lavish spending spree

Kalangas rejects claims of subservience to Ndebele Kingdom

Organicare convicted for selling unregistered medicine

Ramaphosa posts explicit videos on X

'Harare-Mutare-Vic Falls flight route permanent,' AirZim announces

Sanctions were never Zimbabwe's real problem: Their removal will finally expose the regime's failures

The Zimbabwe Government is Not Learning from Past Mistakes

War vets sharpen knives against Mnangagwa

Germany's Dislike of Ms. Anna Lena Baerbock Makes Her Vulnerable at the UN

Injiva gunned down

Chivayo blows US$3m on luxury cars for Zanu-PF chiefs

UK family finds 'better standard of living' in Zimbabwe

Zimbabwean nurse tells shocking ordeal in UK Memoir

News Team

Advertising