September 2022

ZIMBABWE’S foreign currency receipts increased 32 percent to US$7,7 billion as at August 31, 2022 from US$5,8 billion during the comparable period, buoyed by favourable commodity prices and improving diaspora remittances. (more…)

BUSINESS says rolling power cuts in Zimbabwe, which are running up to 12 hours a day, have increased the cost of doing business and may result in price increases, threatening economic growth targets. This comes after ZESA Holdings’ distribution arm, Zimbabwe Electricity Distribution Company (ZETDC) recently said that…

ZIMBABWE is pinning its hopes on the African Continental Free Trade Area (AfCFTA) to boost its trade and economic base, amid business and analysts’ concerns that the country might fail to catch up with its regional peers as competition intensifies. (more…)