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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 bud...Published: 03 Aug 2024 at 12:57hrs | 201 | by Staff reporter
Zimbabwe govt misses US$12bn mining target
LEADING economists and mining industry experts warned this week the Ministry of Mines and Mining Development was manipulating data to give an impression that its ambitious US$12 billion target will be...Published: 22 Dec 2023 at 18:13hrs | 14 | 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
Zimdollar in worst freefall on auction
THIS week the Zimbabwean dollar (Zimdollar) dropped by yet another noteworthy margin against the greenback, on the auction market.The Zimdollar has lost value in each of the 10 trading weeks s...Published: 25 Mar 2022 at 17:57hrs | 1 | by Respect Gwenzi
Zimdollar moving towards stability?
THE interbank market entered the 14th week of trading this week and results from the auction show that the Zimbabwean dollar (Zimdollar) firmed by 0,27% against the Us dollar in the week under review....Published: 25 Sep 2020 at 07:55hrs | 2 | by Respect Gwenzi
Zimbabwe set to lose $1 billion in potential revenue
ZIMBABWE'S cash-strapped government is set to forgo over $1 billion in revenues from the intermediated money transfer tax (IMTT) as a result of policy inconsistencies, analysts have said.The g...Published: 30 Aug 2020 at 10:58hrs | | by Staff reporter
Mthuli Ncube to act on liquidity crunch
The country is reeling under a massive liquidity crunch and Government is now looking at appropriate ways of re-injecting liquidity into the productive sector, according to Secretary for the Ministry ...Published: 09 Aug 2019 at 08:05hrs | 1 | by Staff reporter
Scrapping of multi-currency regime: The implications
ON Monday, the government announced major changes in the monetary policy of Zimbabwe, highlighted by the ending of a 10-year multi-currency system.Further measures announced include the intend...Published: 26 Jun 2019 at 07:32hrs | 2 | by Respect Gwenzi
'Fuel liberalisation necessary evil'
Following the Reserve Bank of Zimbabwe's recent directive for oil companies to source foreign currency on the interbank market, analysts have said the move was necessary despite the anticipated short-...Published: 26 May 2019 at 13:32hrs | | by Staff reporter
Fixing Zimbabwe doable but ‘very hard', experts say
THE job to rebuild Zimbabwe's broken economy is achievable, although it will take time and sacrifice from all stakeholders, analysts and Reserve Bank of Zimbabwe governor John Mangudya say.Thi...Published: 27 Sep 2018 at 14:05hrs | 2 | by Staff reporter
Mnangagwa's stance on externalisation hailed
Legal experts and market watchers are agreed that Government's three-month amnesty on individuals and companies that externalised money and assets will be well received, setting the tone for the much-...Published: 30 Nov 2017 at 05:04hrs | | by Staff reporter
Production Industry gives kudos to Chinamasa
INDUSTRY and market watchers have endorsed the call to increase production by Finance Minister Patrick Chinamasa but said there was need to ensure Government leads the re-industrialisation drive t...Published: 11 Dec 2016 at 08:27hrs | 1 | by Staff reporter
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