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Zimbabwe to miss 2022 GDP forecast
ZIMBABWE will most likely miss its 5,5% gross domestic product (GDP) forecast due to prolonged hyper-inflationary conditions as the country's local currency continues to tumble against the United Stat...Published: 11 May 2022 at 09:12hrs | 1 | by Staff reporter
Mthuli Ncube's economic projections unrealistic
ECONOMIC analysts have dismissed Finance minister Mthuli Ncube's inflation and economic growth forecasts as unrealistic as they did not factor in the rising global oil crisis and the country's gallopi...Published: 25 Mar 2022 at 06:03hrs | 1 | by Staff reporter
IMF maintains positive outlook for Zimbabwe
THE International Monetary Fund (IMF) has maintained a positive growth trajectory outlook for Zimbabwe in 2021 of 5,1 percent largely supported by increased agricultural output, energy productio...Published: 14 Oct 2021 at 06:21hrs | 2 | by Staff reporter
'Beitbridge project among top deals of the year'
The Global Trade Review, the global trade finance magazine, has named the US$296 million project to rebuild Beitbridge Border Post among its top 11 worldwide deals of the year.Global Trade Rev...Published: 28 May 2021 at 08:03hrs | 1 | by Staff reporter
Weakened Chalane lashes Zimbabwe
Tropical Depression Chalane moved into Zimbabwe early yesterday and is now moving across the country towards Botswana, losing strength as it downgrades from a tropical storm to a tropical depression. ...Published: 31 Dec 2020 at 10:29hrs | | by Staff reporter
WATCH: Weakened Chalane hits Zimbabwe
Tropical Depression Chalane moved into Zimbabwe early yesterday and is now moving across the country towards Botswana, losing strength as it downgrades from a tropical storm to a tropical depression....Published: 31 Dec 2020 at 07:58hrs | 12 | by Staff Reporter
SA junk status a big Zimbabwe problem
Zimbabwe's quest to revive its economy will be hobbled by South Africa's plunge into junk status. According to experts who spoke to the paper, the development will likely see Zimbabwe carrying...Published: 03 Dec 2020 at 07:02hrs | 1 | by Staff reporter
Fitch and Moody's downgrade South Africa's credit ratings further
In a move that Finance Minister Tito Mboweni described as 'painful', rating agencies Fitch and Moody's pushed South Africa's credit rating deeper into the scrap heap of junk with downgrades announced ...Published: 24 Nov 2020 at 05:04hrs | 1 | by Staff reporter
Mnangagwa's mounting foreign trips expose him
I will not allow the raging debate and shaming of the chief ruler's penchant for frequent and extravagantly lavish travels without my pound of flesh. Not even that I am a Shylock, but the extr...Published: 31 Mar 2019 at 13:44hrs | 2 | by Makaita Noel Mutasa
Chamisa downgrades Tendai Biti
MDC leader Nelson Chamisa has set the stage for fresh clashes with Tendai Biti after he boldly elevated Welshman Ncube to the lofty position of party Vice President while downgrading the former Financ...Published: 12 Sep 2018 at 10:51hrs | | by Staff reporter
South Africa will never be a Zimbabwe
TO listen to some of our recent headlines is to hear all sorts of resonances with Zimbabwe.We have young men who claim, impossibly, to be military veterans of the liberation struggle guarding ...Published: 15 Jun 2017 at 10:49hrs | | by Stephen Grootes
Zimbabwe fast turning into a coin country
Fears abound that further injection of the bond notes by the RBZ into the market could fuel inflation.IT is high noon in Harare and a young woman in strappy stilettos confidently walks out of ...Published: 27 Apr 2017 at 09:00hrs | | by Staff reporter
Zimbabwe bank sets record straight on rand adoption
The Reserve Bank of Zimbabwe has ruled out adopting the South African rand as the country's major reference currency. Instead, authorities will spiritedly promote the full multi-currency baske...Published: 23 Apr 2017 at 14:00hrs | | by Staff reporter
Mystery of the stronger rand
THE South African rand is rallying in the midst of a grave political crisis, confounding many of the experts who expected a disaster after Pravin Gordhan's axing.What is happening in Wonderlan...Published: 23 Apr 2017 at 13:59hrs | 1 | by Staff reporter
Fitch downgrades SA to junk status
Cape Town - Fitch Ratings downgraded South Africa's unsecured foreign-currency and local-currency bonds to non-investment grade - commonly known as junk status - on Friday.It is the second...Published: 07 Apr 2017 at 13:05hrs | 3 | by Staff reporter
'Blacks in SA still earn less than whites'
JOHANNESBURG - Black South Africans earned on average only about one-fifth as much as their white counterparts in 2015, according to data published by Statistics South Africa yesterday.Ann...Published: 28 Jan 2017 at 08:32hrs | | by Agencies
Broke MDC-T downgrades anniversary celebrations
Opposition MDC-T is set to hold low key 17th anniversary celebrations on Saturday in Bulawayo.The party leadership blames economic conditions for not holding huge festivities."We are o...Published: 28 Sep 2016 at 08:18hrs | | by Thobekile Zhou
Zimbabwe downgrades 2014 economic outlook
The Zimbabwe government has halved it 2014 real GDP growth to 3.1 percent in line with other forecasts made by the World Bank and the IMF, from the 6.1 percent made during the 2014 national budget....Published: 24 Jul 2014 at 11:52hrs | | by Business reporter
Samsung second quarter misses forecast
Samsung Electronics Co Ltd missed already modest expectations for its quarterly earnings guidance on Friday, deepening worries that its smartphone business may have peaked, as growth in sales of its b...Published: 05 Jul 2013 at 06:42hrs | | by Tech Reporter
China blasts US for, 'debt addiction' and 'short sighted' political wrangling
China roundly condemned the United States of America for its "debt addiction" and "short sighted" political wrangling and said the world needed a new stable global reserve currency.In a harshl...Published: 06 Aug 2011 at 07:14hrs | | by Moyo Roy
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