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IMF upgrades Russia to world's fourth-largest economy
The International Monetary Fund (IMF) has ranked Russia as the world's fourth-largest economy based on purchasing power parity (PPP). PPP compares economic produc...Published: 24 Oct 2024 at 16:21hrs | 6339 | by Staff reporter
Zimbabwe inflation to hit 400% by year end, says IMF
The International Monetary Fund (IMF) has forecast that Zimbabwe's annual inflation rate is expected to rise to nearly 400% by the end of the year due to the depreciation of the local currency. This p...Published: 13 Oct 2023 at 06:36hrs | 1 | by Staff reporter
IMF approves SDR for Zimbabwe, Biti will not be happy
The International Monetary Fund (IMF) has approved a new general allocation of Special Drawing Rights (SDR) equivalent to US$650 billion, the largest in the IMF's history, in an effort to boost global...Published: 04 Aug 2021 at 06:24hrs | | by Staff reporter
IMF lowers Zimbabwe GDP growth further
THE International Monetary Fund (IMF) says Zimbabwe's economy will contract by 10,4% this year, much higher than its earlier prediction of 7,4%, but expects a rebound next year.It also expects...Published: 16 Oct 2020 at 07:24hrs | | by Staff reporter
Zimbabwe plans talks on foreign debt arrears in early 2020, says Mthuli Ncube
Zimbabwe plans to start talks in early 2020 on clearing arrears on its international debt, Finance Minister Mthuli Ncube said, as it seeks to rebuild confidence in an economy ravaged by high inflation...Published: 05 Sep 2019 at 09:13hrs | | by Reuters
Zimbabwe inflation rate surges to 59,4% in February
ZIMBABWE'S year-on-year inflation for February 2019 as measured by the all-items consumer price index (CPI)grew by 2,49 percentage points to 59,39% driven by food and non-alcoholic beverages, the Zimb...Published: 17 Mar 2019 at 08:47hrs | 2 | by Staff reporter
Of useless degrees and of abandoning national mandates
The recent Hardtalk by Professor Amon Murwira, Minister of Higher and Tertiary Education, Science and Technology Development on "Zimbabwe to scrap useless degrees" makes for serious thinking.J...Published: 08 Mar 2019 at 09:27hrs | 12 | by Enock Jonathan
'Zimbabwe is one of the poorest nations' says IMF - our prize for being mental couch potato
Mankind is a creature of reason, it is our ability to think that have made us the most dominant creature on earth. But just as having feathers is the common characteristic that has enabled bir...Published: 30 Oct 2018 at 18:23hrs | | by Wilbert Mukori
World Bank optimistic on Mnangagwa's new Cabinet
Bretton Woods institution, the World Bank says work outlined by the new Cabinet should determine the flow of foreign direct investment (FDI) into the country, as investors are increasingly warming up ...Published: 17 Sep 2018 at 06:40hrs | | by Staff reporter
Believing in our economy, in their billions
Sometimes it takes an outsider to look at a situation in a neutral, dispassionate and unemotional manner. They can wade through conflicting emotions to see what is happening in a given situation far b...Published: 02 May 2018 at 09:10hrs | 1 | by Faith Hope
The 'new Zimdollar', hyperinflation
APPLIED economics professor Steve Hanke, has said that Zimbabwe is now experiencing hyperinflation for the second time in less than 10 years and has pointed out the creation of what he calls the "new ...Published: 10 Nov 2017 at 11:36hrs | | by Omega Ukama
Zimbabwe's dollar inflation to hit 6.6%
Zimbabwe's annual inflation is expected to hit 6.6 percent next year due to rising food prices and election spending the International Monetary Fund has predicted. In its World Ec...Published: 20 Apr 2017 at 07:18hrs | | by Ndou Paul
Zimbabwe is not the world's second poorest country - FACT
News media reported recently that Zimbabwe is the poorest country in the world after the Democratic Republic of Congo. But Africa Check discovered the ranking is flawed.Is Zimbabwe really the ...Published: 17 Sep 2015 at 14:13hrs | | by Researched by Lebohang Mojapelo
DHL awarded International All Cargo Carrier of the year in Africa
JOHANNESBURG - DHL Aviation, a part of DHL Express, the world's leading international express services provider, has secured the title of International All Cargo Carrier of the Year in Africa at ...Published: 05 Mar 2015 at 09:36hrs | | by APO
Zim growth to decelerate to 4,4 percent
Zimbabwe's real Gross Domestic Product (GDP) will slow down to 4,4% this year from 6,8% in 2011 owing to challenges facing the economy, according to a latest African Economic Outlook report released M...Published: 29 May 2012 at 11:18hrs | | by Business reporter
The global economy is in a dangerous new phase: IMF
The International Monetary Fund (IMF) said on Tuesday that global economy will grow at a slower pace of 4.0 percent this year, a 0.3-percentage point lower than its projection in June.Global g...Published: 20 Sep 2011 at 19:59hrs | | by Matthews Estell
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