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Govt to absorb 22,000 Community Health Workers into civil service

Zimbabwe will integrate 22,000 Community Health Workers (CHWs) into the civil service by the end of the year as part of efforts to strengthen primary health care amid dwindling donor support, Health and Child Care Minister Dr. Douglas Momb…

Published: 28 Aug 2025 at 06:54hrs | 651 | by Staff reporter

Inflation slowdown boosts confidence in ZiG stability

Zimbabwe recorded a marked slowdown in price growth in August, strengthening government claims that currency reforms are beginning to stabilise the economy, despite year-on-year inflation remaining high.Data released by the Zimbabwe Nation…

Published: 28 Aug 2025 at 06:54hrs | 267 | by Staff reporter

Zimbabwe inflation surges to 95.8%

Zimbabwe's inflationary strain deepened in July, with annual inflation accelerating to 95.8%, up from 92.5% in June, underlining the fragility of the country's monetary framework despite tighter policies and a broadly stable exchange rate.…

Published: 31 Jul 2025 at 12:58hrs | 347 | by Staff reporter

Zimbabwe's July inflation shows mixed trends

The latest inflation figures released by the Zimbabwe National Statistics Agency (ZIMSTAT) for July 2025 show a modest rise in prices for goods and services measured in both the United States Dollar (USD) and Zimbabwe Gold (ZiG), with nota…

Published: 28 Jul 2025 at 18:58hrs | 194 | by Staff reporter

Zimbabwe central bank reports drop in inflation

The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency inflows. The outlook was contained in …

Published: 10 Jul 2025 at 10:11hrs | 181 | by Staff reporter

RBZ applauds declining inflation

The Reserve Bank of Zimbabwe (RBZ) has lauded the continued decline in monthly inflation as a key indicator of growing economic stability, with both local and foreign currency-denominated prices showing positive trends.According to the Zim…

Published: 03 Jun 2025 at 09:48hrs | 88 | by Staff reporter

ZiG inflation rises to 92%

Zimbabwe's annual inflation measured in the local currency (ZiG) surged to 92.1% in May 2025, up from April's 85.7%, signaling growing challenges for the Reserve Bank of Zimbabwe (RBZ) in containing the rising cost of living, Business Time…

Published: 31 May 2025 at 14:04hrs | 1103 | by Staff reporter

Zimbabwe's inflation surges to 11.6% in January 2025

Zimbabwe's weighted month-on-month inflation rate surged by 10.5 percentage points in January 2025, reaching 11.6 percent from 1.1 percent in December 2024, according to figures released by the Zimbabwe National Statistics Agency (ZimStat)…

Published: 30 Jan 2025 at 06:38hrs | 124 | by Staff reporter

Zimbabwe's central bank claims success in stabilising rate and inflation

The Reserve Bank of Zimbabwe (RBZ) has announced significant progress in stabilising the country's exchange rate and inflation following a series of monetary policy interventions, including a cumulative injection of US$150 million into the…

Published: 04 Dec 2024 at 14:23hrs | 301 | by Staff reporter

Parliament turns heat on Mthuli Ncube

LEGISLATORS have taken Finance and Economic Development minister Mthuli Ncube to task over the galloping inflation and the crumbling local currency, which they say has eroded salaries of government workers.The parliamentarians' anger comes…

Published: 15 Jun 2023 at 06:51hrs | 3 | by Staff reporter

Zimbabwe macroeconomic priorities for 2023

Zimbabwe's treasury department presented a ZW$4.5 trillion budget (21% of 2021 GDP) for the 2023 fiscal year. The budget roughly translates to US$5.3 billion if the market exchange rate is used. As is the case over the past 10 years, reven…

Published: 15 Dec 2022 at 23:53hrs | | by Victor Bhoroma

Chiwenga says inflated prices delaying budget disbursement

VICE-PRESIDENT and Health minister Constantino Chiwenga says some government departments are overpricing goods and services, a situation that has resulted in delayed disbursement of funds to line ministries.Chiwenga gave an example where a…

Published: 22 Oct 2022 at 05:42hrs | | by Staff reporter

Zimbabwe inflation tumbles to 3,5%?

ZIMBABWE'S month-on-month inflation rate has drastically dropped to 3,5 percent in September, shedding 8,9 percentage points on the August rate of 12,4 percent as price stability persists across the market in response to Government measure…

Published: 27 Sep 2022 at 05:52hrs | | by Staff reporter

Zimbabwe's high inflation forecast to plunge to 3%?

ZIMBABWE's month-on-month inflation rate is expected to fall to three percent by year-end while the annual rate is seen dropping below 100 percent on the back of monetary and fiscal interventions the Government is implementing.Official dat…

Published: 20 Sep 2022 at 06:02hrs | 2 | by Staff reporter

Zimbabwe inflation on downward spiral?

The introduction of gold coins and a review of payment methods for suppliers of goods and services, particularly those undertaking major national infrastructure projects, is expected to see a decline in monthly inflation for the foreseeabl…

Published: 02 Aug 2022 at 06:42hrs | | by Staff reporter

'6,4m Zimbabweans living in extreme poverty'

THE latest World Bank report indicates that 6,4 million Zimbabweans are living on less than US$1,90 a day.The report is based on the multilateral institution's Poverty and Inequality Platform (PIP), an interactive computational tool that a…

Published: 01 Jul 2022 at 07:22hrs | 11 | by Staff reporter

Inflation is now eating into our salaries

WE are all aware that the cost of living is rising and that people are struggling financially. Not everyone is able to define the word inflation properly but they understand that rising prices are no longer matching the cost of living and …

Published: 14 Jun 2022 at 06:40hrs | 2 | by Emmanuel Zvada

Police recover hundreds of stolen cattle in Shanyawugwe and Makhado

GWANDA police have launched a blitz targeting cattle rustlers who have been terrorising farmers in the district.In the past weeks, farmers who lost their cattle managed to locate some of their livestock's in Shanyawugwe and Makhado near Be…

Published: 28 Sep 2021 at 20:00hrs | 1 | by Staff reporter

RBZ still optimistic about low inflation

Reserve Bank of Zimbabwe Governor, Dr John Mangudya, remains confident authorities will be able to maintain a lid on prices to curtail potential relapse into runaway inflation, following worrying increases in December and January. The mont…

Published: 10 Feb 2021 at 05:29hrs | 10 | by Staff reporter

For economy to take off, we must take air out of inflation

What is inflation and why must we get it under control? What has been going wrong, and how are we putting things right? As an Economics Professor, its important I first explain the basics. In Zimbabwe, like any other economy, goods and ser…

Published: 20 Feb 2019 at 23:22hrs | 1 | by Prof Mthuli Ncube

The other side of Zimbabwe's high inflation

On September 30 2010, I was part of thousands of people who attended the 20th First Ig Nobel Prize Ceremony at Sanders Theatre at Harvard University in USA.The Ig Nobel Prizes are awarded for achievements that first make people laugh and t…

Published: 28 Aug 2013 at 06:11hrs | 3 | by Andrew Mambondiyani

'Zim inflation was 500,000,000,000% when I became FM,' says Biti

Wananchi, I said my farewells to the staff at the Ministry of Finance.Zimbabwe's greatest asset is its people, when they work together as a team for the national good. In that regard they do not come any better than the men and women in Bl…

Published: 21 Aug 2013 at 13:37hrs | 2 | by Tendai Biti

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