AUTHORITIES have warned that the country’s economic outlook faces mounting risks if the Middle East conflict persists, citing potential strain on public finances, rising inflationary pressures and slower growth. Zimbabwe, which relies heavily on imported fuel, remains increasingly exposed to global oil market disruptions triggered by escalating tensions involving the United States of America, Israel…
Treasury frets over Middle East conflict
The sustained increase in diesel consumption could point to greater utilisation of trucks, machinery and equipment in sectors such as mining, agriculture, construction and manufacturing.