May 18, 2023

GIVEN the extent of the challenges being experienced in the country, more needs to be done to revitalise Zimbabwe’s foreign exchange system, business says. (more…)

Minister of Finance, Mthuli Ncube, has invited the financial sector to discuss incentives for private equity funds, which he believes can deepen the country’s capital markets and push industrialisation. (more…)

THE African Development Bank (AfDB) has commended Zimbabwe’s decision to embark on a Staff Monitored Programme (SMP) with the IMF, saying this will help reassure creditors and development partners about economic reforms in the country’s debt resolution process. (more…)

AN EXPECTED interest rate adjustment on short-term tenors in Zimbabwe is unlikely to have the desired effect of curbing speculative borrowing because of the country’s high inflation, an analyst has said. (more…)

BUSINESS leaders and economic experts say Zimbabwe's economic woes could worsen as the South African rand weakens, reducing local industry's competitiveness and draining foreign exchange from the economy, while widening the country's trade deficit with its neighbour and major trading partner. (more…)

ZIMBABWE’S gross domestic product (GDP) growth rates were inconsistent over the period 2019-2022, the latest data from ZimStat shows. (more…)