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Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 304 | 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 estimat...Published: 09 Jul 2025 at 07:52hrs | 155 | by Staff reporter
Zimbabwe NGOs beware - UK set to cut international aid
The cut is part of a plan to make Britain spend 2.6% of its GDP on defense starting 2027, the prime minister has saidBritain is to cut its foreign development assistance funding from 0.5% of i...Published: 25 Feb 2025 at 20:05hrs | 881 | by Staff reporter
Zimbabwe Braces for HIV Resurgence as US Aid Evaporates
Rumbidzai, a sex worker from the bustling settlement of Epworth in Harare, has been taking antiretroviral drugs since 2017. For over two years, the mother of three has relied on mobile clinics that re...Published: 12 Feb 2025 at 11:29hrs | 394 | by Staff reporter
What the hack is an 'upper middle-income society', Mr. Mnangagwa?
Let's be careful of trickery. When President Emmerson Mnangagwa began his first five-year term in 2018, he introduced an economic program called "Vision 2030." This vision promised Zim...Published: 27 Jan 2025 at 18:02hrs | 727 | by Tendai Ruben Mbofana
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 585 | by Tendai Ruben Mbofana
Zanu-PF youths want the Mnangagwa to complete Vision 2030
The recent Zanu-PF inter-district youth meeting in Gweru was marked by strong support for President Mnangagwa to continue leading Zimbabwe, despite his announcement to retire at the end of his term in...Published: 20 Jul 2024 at 11:49hrs | 129 | by Staff reporter
Mnangagwa's upper middle-income economy is not achievable!
For the past six years, the Zimbabwe government has made enormous noise over its 'upper middle-income economy' vision. The country is supposed to attain this dream by the year 2030.The...Published: 27 Feb 2024 at 21:40hrs | 2 | by Tendai Ruben Mbofana
If Zim economy 'growing' under sanctions, why was it not growing in the past 20 years?
So, the ruling ZANU PF regime wants to be given another term in power on the basis that it has managed to grow the economy, in spite of sanctions supposedly imposed on the country?That is perf...Published: 01 Jul 2023 at 19:52hrs | 13 | by Tendai Ruben Mbofana
Economic growth means nothing without benefiting ordinary Zimbabweans
The Zimbabwe government has, for the past three years, been banking on positive economic growth figures in trying to convince the nation that the country was developing.Indeed, under normal ci...Published: 14 Jun 2023 at 12:19hrs | 2 | by Tendai Ruben Mbofana
Chinese firm to manufacture lithium batteries in Zimbabwe
CHINESE steel manufacturer Dinson Iron and Steel Company (DISCO) says it intends to locally produce lithium-ion batteries as Zimbabwe has all the raw materials required in the production process....Published: 08 Jan 2023 at 09:30hrs | 11 | by Staff reporter
Zimbabwe now one of the fastest growing African economies
ANALYSING Zimbabwe's unconventional economy always proves somewhat cumbersome because it is a country bridled with policy inconsistency, unfavourable operating conditions buoyed by decades of unilater...Published: 02 Dec 2022 at 19:32hrs | 1 | by Respect Gwenzi
Why ordinary Zimbabweans not particularly thrilled, or may actually be terrified, over possible gas and oil discovery!
The advent of the 'metaverse', or most specifically social media, has created an alternative reality for most people - which, oftentimes, is far divorced from the real physical world that we live in....Published: 28 Sep 2022 at 10:29hrs | 2 | by Tendai Ruben Mbofana
'We don't eat roads' mischief
There is a popular Chinese proverb which goes: "if you want to get rich, you have to build roads first", and this is often quoted to explain some of the accelerated development taking place in the Asi...Published: 12 Aug 2022 at 06:33hrs | | by Lovemore Chikova
Economic growth all good, but meaningless when Zimbabweans' livelihoods deteriorating!
A father can boast of his recent promotions at work or the expansion of his business entities.He can even be proud of the increased financial earnings, and profit margins coming into his pocke...Published: 30 Apr 2022 at 21:42hrs | 10 | by Tendai Ruben Mbofana
US$1bn SDRs to be used over three years
The US$958 million worth of Special Drawing Rights (SDRs) allocated to Zimbabwe by the International Monetary Fund (IMF) will be used over a three-year period, with US$311 million expected to be relea...Published: 28 Nov 2021 at 07:48hrs | 9 | by Staff reporter
The Mauritius example on economic development
Mauritius is ranked by the World Economic Forum as the most competitive economy in Sub-Saharan Africa and high income country with a Gross National Income (GNI) per capita of US$12,740 (Sub-Saharan Af...Published: 19 Jun 2021 at 08:48hrs | 4 | by Port Louis Riverfront, Mauritius
Mnangagwa launches new economic blueprint
PRESIDENT Mnangagwa yesterday launched the National Development Strategy 1 (NDS1), which is anchored on economic growth and institutional reforms aimed at attaining an upper middle-income economy by 2...Published: 17 Nov 2020 at 07:29hrs | | by Staff Reporter
Slow pace of reforms derailed TSP
The Zimbabwean government recently announced the conclusion of the 2 year Transitional Stabilization Programme (TSP) which will be replaced by the first five year National Development Plan (NDP). TSP ...Published: 11 Oct 2020 at 10:00hrs | 1 | by Victor Bhoroma
Slow pace of reforms derailed TSP
The Zimbabwean government recently announced the conclusion of the 2 year Transitional Stabilization Programme (TSP) which will be replaced by the first five year National Development Plan (NDP). TSP ...Published: 10 Oct 2020 at 12:04hrs | 1 | by Victor Bhoroma
Mnangagwa walks the talk on anti-corruption
ON February 20, 2004, Zimbabwe appended its signature to the United Nations Convention against Corruption (UNCAC) as it joined the global community in efforts to combat the economy's corroding cancer....Published: 04 Oct 2020 at 08:32hrs | 4 | by Staff Reprter
Austerity measures: Is Zimbabwe drinking poisoned chalice?
On September 7, 2018, Mthuli Ncube was appointed as Zimbabwe's Finance minister. Being a technocrat he is, his appointment brought a breath of fresh air. At least, Zanu-PF was breaking with its past o...Published: 20 Aug 2019 at 15:18hrs | 3 | by Cliff Chiduku
Government defends Mnangagwa's 'kitchen cabinet'
Permanent Secretary in the Ministry of Information Publicity and Broadcasting Services Nick Mangwana has defended the Presidential Advisory Council members and equated them to other similar inst...Published: 23 Jul 2019 at 19:02hrs | 2 | by Mandla Ndlovu
Lessons from Singapore on economic development
Singapore is a tiny island-city state in Southeast Asia with a total area of 718km2 (543 times smaller than Zimbabwe) and part of the four Asian Tigers (Others include Hong Kong, Taiwan and South Kore...Published: 15 Jul 2019 at 09:56hrs | 2 | by Victor Bhoroma
World Bank upgrades Zimbabwe
THE World Bank has upgraded Zimbabwe to a lower middle income economy from low income ranking, a giant leap towards prosperity under the new dispensation led by President Emmerson Mnangagwa. ...Published: 05 Jul 2019 at 08:03hrs | 1 | by Staff reporter
Zimbabwe classified as lower-middle income country by World Bank
Zimbabwe has moved up to the lower-middle income category from lower income category under the World Ba...Published: 04 Jul 2019 at 17:32hrs | 2 | by Ndou Paul
Jonathan Moyo threatens to expose Mnangagwa's advisors
Former Cabinet Minister Professor Jonathan Moyo has threatened to expose members of President Emmerson Mnangagwa's Presidential Advisory Council for being part of money spinning patronage system....Published: 27 Jun 2019 at 09:29hrs | | by Mandla Ndlovu
Mnangagwa's govt to fix price madness
President Mnangagwa has assured the nation that Government will - without fail - address the various economic challenges being faced by the generality of the people. The President said this wh...Published: 10 May 2019 at 06:55hrs | 1 | by Staff reporter
Mnangagwa meets Advisory Council
President Emmerson Mnangagwa yesterday met members of the Presidential Advisory Council (PAC), with discussions on how to move the country forward topping the agenda. Speaking to journalists a...Published: 01 May 2019 at 08:37hrs | | by Staff reporter
Zimbabwe's upper middle-income economy agenda 2030: Are we not inviting trouble?
THE government's neoliberal agenda and its target for the upper middle-income economy (UMIE) by 2030, if not handled well, might present us with many challenges that will further alienate and suffocat...Published: 23 Oct 2018 at 06:38hrs | 1 | by Michael Ndiweni
Change of currency not ideal to revive Zimbabwe economy
THE country's economic crisis has deepened since the recent fiscal and monetary measures announced by Finance minister Mthuli Ncube and Reserve Bank governor John Mangudya. The economy has plu...Published: 19 Oct 2018 at 08:41hrs | | by Staff reporter
Mthuli Ncube unveils his Transitional Stabilisation Programme
The Minister of Finance, Professor Mthuli Ncube has unveiled the Transitional Stabilisation Programme blueprint expected to address current economic challenges and propel the country towards stabilisa...Published: 05 Oct 2018 at 16:15hrs | | by Staff reporter
Industry minister outlines plans
New Minister of Industry and Commerce, Mr Mangaliso Ndlovu, plans to introduce a raft of measures including a "robust" industrialisation policy and removing bottlenecks so as to attract more investors...Published: 11 Sep 2018 at 06:32hrs | 5 | by Staff reporter
Zimbabwe's biggest winner in China
The Zimbabwean economy will emerge the biggest winner following President Mnangagwa's attendance at the 2018 Beijing Summit of the Forum on China – Africa Co-operation (FOCAC).With Chinese P...Published: 09 Sep 2018 at 08:10hrs | 3 | by Staff reporter
Belt and Road Initiative critical for Zimbabwe, says Mnangagwa
China The Belt and Road Initiative (BRI) will contribute to genuine, all-encompassing globalisation and help Zimbabwe in particular to achieve its goal for middle-income status by 2030, President Mnan...Published: 04 Sep 2018 at 06:34hrs | | by Staff reporter
Chamisa or Mnangagwa: It's the economy stupid
TOMORROW, standing in the small voting booth, with pen in hand, looking down at the 23 names of presidential aspirants on the ballot paper, there's little doubt the voter will be making a crucial deci...Published: 29 Jul 2018 at 10:25hrs | 3 | by Tartira Zwinoira
'Banks to lead economic recovery'
Government is working with the Reserve Bank of Zimbabwe (RBZ) and other relevant bodies to ensure the country's banking sector is in a position to play key intermediary roles in the recovery of the ec...Published: 26 Jun 2018 at 07:04hrs | | by Staff reporter
Mnangagwa's vision 2030 gets the nod
Zimbabwe's vision to become a middle-income economy by 2030 is achievable if the government invests in productive sectors and implement policies that encourage investment as well as entrepreneurial de...Published: 15 Apr 2018 at 19:04hrs | | by Staff reporter
'Mnangagwa is development, reform-minded'
President Emmerson Mnangagwa's administration has laid the right platform for Zimbabwe's economic growth, with the evident investor appetite indicative of an emerging economic revolution, a top Britis...Published: 18 Mar 2018 at 08:38hrs | 1 | by Staff reporter
Mnangagwa spells out Vision 2030
Zimbabwe is going through the primary stages of a radical economic transformation that will witness the country becoming middle-income economy by 2030, President Emmerson Mnangagwa has said.Af...Published: 04 Mar 2018 at 08:01hrs | 6 | by Staff Reporter
Comesa slashes roaming charges
MOBILE network subscribers in the Common Market for Eastern and Southern Africa (Comesa) may soon enjoy reduced calling charges following a decision by the bloc's government ministers to slash charges...Published: 10 Oct 2017 at 01:55hrs | | by Staff reporter
What Brexit means for Africa, Zimbabwe
"Fog in the channel - continent cut off." The Brookings Institution reminded us of this famous though apocryphal British headline in an analysis of Brexit this week. For Brookings, the headline epitom...Published: 24 Jun 2016 at 06:50hrs | | by Peter Fabricius
Zimbabwe scores high in human development
ZIMBABWE has made great strides in human development over the past six years with positive improvements in critical areas such as health, education, income and gender equality, overtaking many countri...Published: 11 May 2016 at 06:46hrs | 3 | by Lloyd Gumbo
Politics of inequality in Africa
The middle wall between the haves and the have-nots occupies real estate in the cultural imagination of every generation. It has drawn a storm of intellectual sledgehammers in the lapse of history yet...Published: 11 Jan 2016 at 05:31hrs | 1 | by Stanely Mushava
Zimbabwe tops in UNDP report
The United Nations Development Programme (UNDP), has ranked Zimbabwe as having the fastest average growth in human development and the most improved quality of life in Africa.Zimbabwe came out...Published: 17 Dec 2015 at 05:23hrs | | by Lovemore Mataire
Africa to benefit from President Mugabe's leadership
A German Philosopher of the 18th century, Georg Wilhelm Friedrich Hegel, might have influenced the mindset of the west up to date. He never accepted that Africans are capable of being captains of thei...Published: 05 Feb 2015 at 15:22hrs | 2 | by Tafara Shumba
International Finance Institutions meet to discuss Zim debt resolution
The Zimbabwean government on Friday met with the country's creditors in Tunis, Tunisia, as it steps up effort to retire its $6 billion debt and unlock fresh resources to support the country's economic...Published: 25 Mar 2012 at 05:21hrs | | by Business reporter
African economies up to the global challenge
Two foreign shoe sellers were once sent to Africa in search of new customers. At the sight of locals marching barefoot, the first retreated in despair. The second rejoiced at the untapped market. He o...Published: 28 Jul 2011 at 05:01hrs | | by Andre-Michel Essoungou in Istanbul
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