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Zimbabwe trade deficit narrows to US$137,7 million
Zimbabwe's trade deficit shrank to US$137.7 million in October 2024, marking a 34.3% decrease from the US$209.5 million recorded in September. This positive trend is attributed to a significant growth...Published: 07 Dec 2024 at 10:33hrs | 502 | by Staff reporter
$24 million lost as vehicles evade licence and tollgate fees
The Parliamentary Portfolio Committee on Transport and Infrastructural Development has revealed that the Zimbabwean government loses an estimated $24 million in potential revenue each year due to at l...Published: 14 Nov 2024 at 09:32hrs | 167 | by Staff reporter
Zimbabwe's unemployment rate goes up
ZIMBABWE'S national unemployment rate has slightly moved by 1,3% to 890 161 compared to 850 326 recorded in the first quarter as the country's economic downturn shows no signs of abating, latest Zimba...Published: 07 Nov 2024 at 07:15hrs | 452 | by Staff reporter
Retail outlets closes amid ZWG fluctuation
The recent spate of closures among prominent retail outlets in Zimbabwe has prompted Parliament to demand an explanation from Finance Minister Mthuli Ncube. The closures, attributed to the ongoing eco...Published: 05 Nov 2024 at 08:25hrs | 7804 | by Staff reporter
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 | 299 | by Staff reporter
Mthuli Ncube's Ministry fails to provide Zimbabwe's basic economic data
Officials from Zimbabwe's Ministry of Finance faced sharp criticism on Monday during a Parliamentary Portfolio Committee on Budget and Finance meeting after arriving unprepared for the 2025 budget con...Published: 23 Oct 2024 at 15:58hrs | 258 | by Staff reporter
Flights into Zimbabwe rise 19% in 3 months
Zimbabwe's aviation sector recorded substantial growth in the second quarter of 2024, with all airports in the country reporting increased flight activity compared to the first quarter, according to s...Published: 23 Oct 2024 at 07:44hrs | 300 | by `
Zimbabwe vehicle registration declines
The Zimbabwe National Statistics Agency (ZimStats) has reported a significant decline in the registration of new vehicles during the second quarter of 2024. Only 15,890 vehicles were registered for th...Published: 22 Oct 2024 at 08:04hrs | 1538 | by Staff reporter
Tafadzwa Bandama appointed new Director-General of Zimstat
Local economist Tafadzwa Bandama has been appointed the new Director-General of the Zimbabwe National Statistics Agency (Zimstat), the country's primary statistics agency. This appointment follows the...Published: 18 Oct 2024 at 10:34hrs | 348 | 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 | 368 | by Staff reporter
Zanu-PF-linked extortion ring fleeces residents
Several Zanu-PF officials are allegedly running a large-scale extortion scheme in Harare South, targeting over 150,000 illegal residents by demanding US$50 in "regularisation fees" from each household...Published: 15 Sep 2024 at 10:01hrs | 1352 | by Staff reporter
5 reasons why Zimbabwe is a popular destination
According to the latest data from Zimstat, Zimbabwe saw a staggering 83.2% increase in tourist arrivals in the first quarter of 2024, compared to the same period last year, with South African travelle...Published: 13 Aug 2024 at 07:48hrs | 711 | by Staff reporter
Zimra adds 66 000 to tax register
The Zimbabwe Revenue Authority (Zimra) has added 65,547 new taxpayers to its register, thanks to its new Tax and Revenue Management System (TaRMS). In Zimra's 2024 half-year report, board cha...Published: 31 Jul 2024 at 07:00hrs | 1103 | by Staff reporter
Zimbabwe to conduct inaugural Economic Census
Zimbabwe has initiated preparations for its first-ever Economic Census to assess the economy's size and structure. The census will run from January 2025 to the first quarter of 2026 and will include b...Published: 23 Jul 2024 at 07:28hrs | 325 | by Staff reporter
NetOne is on a revival trajectory
Engineer Raphael Mushanawani, NetOne Group Chief Executive Officer is steering the NetOne ship in the recovery direction Ever since the leading government-owned mobile telephony giant, Netone had stab...Published: 20 Jul 2024 at 21:36hrs | 1177 | by Paul Ndou
Bulawayo, Midlands record surge in crime
The Zimbabwe National Statistics Agency (ZimStat) reported a notable increase in criminal activities across the country, with Bulawayo, Harare, and Midlands provinces registering the highest number of...Published: 30 Jun 2024 at 18:33hrs | 2 | 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 | 6 | by Staff reporter
Hwange power station now Zimbabwe's primary electricity generator
electricity generato\The Hwange Thermal Power Station has emerged as the primary electricity generator for Zimbabwe, meeting a significant portion of the national grid demands.In the first...Published: 21 Jun 2024 at 11:13hrs | | by Staff reporter
Criminal activities surge across Zimbabwe
Between January and March 2024, Zimbabwe recorded 221,704 criminal cases, according to the latest figures from the Zimbabwe National Statistics Agency (ZimStat). The national crime rate slightly incre...Published: 11 Jun 2024 at 06:13hrs | 9 | 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
Zimbabwe campaign for foreign direct investment intensifies
IN a strategic move meant to bolster the country's economic landscape, the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, is set to spearhead a series of F...Published: 07 Apr 2024 at 10:05hrs | | by Staff reporter
Zimbabwe's new currency requires bold measures to succeed
JOHN Mushayavanhu, the new Reserve Bank of Zimbabwe (RBZ) governor, yesterday put his head on the block declaring that "not under my watch" will the apex stray from its core functions as he launched a...Published: 06 Apr 2024 at 08:10hrs | | by Staff reporter
It's easier to topple your mentor than run a country, isn't it Mr. President?
So, this where it has all come to? Those of us in urban areas now live without water and electricity!We are no longer any different from our compatriots in rural Zimbabwe.I may...Published: 31 Mar 2024 at 16:20hrs | | by Tendai Ruben Mbofana
Zimbabwe crime rate surges
ZIMBABWE has recorded a 21,5% jump in crime to 221 596 from 182 427 previously recorded in the last quarter, latest Zimbabwe National Statistics Agency (ZimStat) figures have revealed.Th...Published: 19 Mar 2024 at 12:57hrs | | by Staff reporter
GMB maize stocks fall
MAIZE stocks have declined in the nation's reserves at Grain Marketing Board (GMB) depots dotted across the country, and this may worsen food insecurity situation at a time when inflation and currency...Published: 11 Mar 2024 at 09:08hrs | 1 | by Staff reporter
Mnangagwa keeping Zim dollar to oppress Zimbabweans!
Why is the Zimbabwe government so adamant in holding on to a useless currency?On what logic would anyone believe that it is a good idea to continue using money that loses its value nearly on a...Published: 06 Mar 2024 at 23:33hrs | | by Tendai Ruben Mbofana
'Zimbabwe cement manufacturers exceeding local demand'
AFTER years of subdued production, local cement manufacturers are now exceeding local demand, Cabinet has revealed.Some 2.6 million tonnes of cement are now being locally produced against a de...Published: 06 Mar 2024 at 04:42hrs | 3 | by Staff reporter
Uneca tells Zimbabwe to work on debt
THE United Nations Economic Commission for Africa (Uneca) deputy executive secretary programme Support Antonio Pedro says Zimbabwe needs to work on its debt to deal with its economic crises.Cu...Published: 04 Mar 2024 at 04:44hrs | 13 | by Staff reporter
'54% Zimbabweans unemployed'
ONLY 46,3% of Zimbabwe's working age population are employed, the Zimbabwe National Statistics Agency (ZimStat)'s latest figures have revealed.In its 2023 fourth quarter labour force survey, Z...Published: 21 Feb 2024 at 07:17hrs | 1 | 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
IMF trashes Zimbabwe inflation statistics
Government last year directed the Zimbabwe National Statistics Agency (Zimstat) to stop publishing local currency indexed inflation and switch to the blended rate, which it said was ideal as the count...Published: 16 Feb 2024 at 15:22hrs | | by Staff reporter
Zanu-PF MPs shower praises on Mnangagwa
Zanu-PF legislators have been praising President Emmerson Mnangagwa's State of the Nation Address (Sona), which painted a rosy picture of the country's fortunes despite the deteriorating socio-economi...Published: 12 Feb 2024 at 13:54hrs | 1 | by Staff reporter
Zimbabwe economy edges towards full dollarisation
THE economy is edging closer to full dollarisation amid reports that the informal sector is rejecting the dual pricing regime, exclusively selling in the United States dollar.Latest figures re...Published: 09 Feb 2024 at 06:58hrs | 1 | by Staff reporter
ZimStat says its figures are correct
THE Zimbabwe National Statistics Agency (ZimStat) has dismissed reports that figures on deaths registered in the country are inaccurate arguing the number remains accurate regardless of whether they a...Published: 08 Feb 2024 at 04:30hrs | | by Staff reporter
Zimbabwe family basket doubles to ZWL$6,2m
The family basket has nearly doubled to ZWL$6,2 million from ZWL$3,6 million in December due to the continued depreciation of the Zimdollar, the Consumer Council of Zimbabwe (CCZ) has said, spelling d...Published: 07 Feb 2024 at 04:46hrs | | by Staff reporter
Zimbabwe census figures 'questionable'
ZIMBABWE'S population figures may be distorted because thousands of births and deaths of primarily children under five years, go unrecorded mainly in rural areas due to a lack of information and civil...Published: 02 Feb 2024 at 04:58hrs | 2 | by Staff reporter
Zimbabweans sink deeper into poverty
Zimbabweans are having to digging deeper into their pockets to buy basic commodities as the cost of living continues to rise with the food poverty line reaching ZWL$155 360,39 for a single perso...Published: 30 Jan 2024 at 07:47hrs | 1 | 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
Zimbabwe poverty drives 40% of Mashonaland Christians into apostolic sects seeking miracles
Widespread poverty resulting from grand corruption and mismanagement in the public sector has compelled nearly half of the Christian community to turn to apostolic sects, renowned for their deep spiri...Published: 25 Jan 2024 at 04:20hrs | 1 | by Staff reporter
More boys dropping out of school in Matebeleland South
MORE boys in Matebeleland South are dropping out of school compared to girls at both primary and lower secondary school levels, a Zimbabwe National Statistics Agency (ZimStat) report has revealed....Published: 24 Jan 2024 at 04:49hrs | 13 | by Staff reporter
Zimdollar further tumbles against US dollar
The cost of goods and services keeps on increasing in Zimbabwe as the local currency depreciates against the U.S. dollar, a trend that accelerated at the beginning of 2024.The local dollar, which ...Published: 18 Jan 2024 at 17:52hrs | | by Staff reporter
Matebeleland North has highest maternal mortality rate in Zimbabwe
DESPITE efforts by the Government to halve the maternal mortality rate as part of achieving development goals, more women continue to die while giving birth in Matebeleland North than in other provinc...Published: 15 Jan 2024 at 05:14hrs | | by Staff reporter
Goods portering, a way of life in Beitbridge
RIVULTS of sweat run down her face, falling onto her dress as Mai Muku trudges the 472-metre length of the Beitbridge steel girder carrying an awkward-looking and heavy load.Apart from the bri...Published: 13 Jan 2024 at 06:49hrs | 12 | by Staff reporter
'Bulawayo life expectancy at 63 years'
THE Zimbabwe National Statistics Agency (ZimStat) has revealed that the life expectancy for Bulawayo province stood at 62,6 years compared to the national life expectancy of 64,7 years.ZimStat...Published: 12 Jan 2024 at 17:50hrs | 13 | by Staff reporter
73 000 Bulawayo residents based outside Zimbabwe
THE Zimbabwe National Statistics Agency (ZimStat) has said it is difficult to provide accurate statistics of locals based in diaspora with official data from the 2022 Population and Housing Census rep...Published: 12 Jan 2024 at 05:03hrs | | by Staff reporter
Only 30% of Bulawayo residents own houses
THE majority of Bulawayo residents live in rented houses amid revelations that only 30 percent are homeowners as the city council is struggling to clear the housing backlog of about 120 000 units....Published: 11 Jan 2024 at 05:12hrs | 5 | by Staff reporter
Magnifying the gains from migration in Zimbabwe
THE recent World Development Report proposes a simple framework to analyse cross-border migration. It juxtaposes the motive for migration and the "match" between migrants' attributes and the destinati...Published: 29 Dec 2023 at 19:35hrs | 7 | 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 | 12 | by Staff reporter
Hit and run traffic accidents on the rise
The rising number of hit and run traffic accidents has become a cause for concern for the police as a 41-year-old man was killed by a vehicle at the 53km peg along the Rusape-Nyanga road on Christmas ...Published: 27 Dec 2023 at 07:24hrs | 9 | by Staff reporter
Accidents claim more lives
SEVEN people died in two separate head-on collisions on Friday, bringing the festive season death toll to more than 20. On Friday, four people died in a head-on collision at the 343km peg alon...Published: 25 Dec 2023 at 09:34hrs | 8 | by Staff reporter
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