ZIMBABWE’S annual inflation closed the year 2021 at 60,74 percent, falling within reach of the government’s projected target, data from the Zimbabwe National Statistics Agency (Zimstat) shows. (more…)
SOUTH Africa (SA)’s ongoing blitz on illegal immigrants poses a threat to Zimbabwe, which is estimated to have more than a million citizens living in that country and has lately benefited immensely from diaspora remittances, analysts have said. (more…)
FOREIGN currency distortions on the market are driving up the cost of local production, piling pressure on companies’ margins, due to the growing gap between the official and parallel market rates. (more…)
HARD-PRESSED Zimbabweans are set to bear the brunt of incessant power outages for nearly two weeks as Zesa Holdings(Zesa) has resumed rehabilitation works at the Kariba Dam wall. (more…)
FORMER Finance minister and politician Simba Makoni and his company Power Speed Electrical, arrested for allegedly flouting the official exchange rate and selling goods at inflated rates, are not happy with the state’s failure to put them on trial. (more…)
DESPITE new pre-planting producer prices for cotton that separate private funded and government funded production, outstanding payments, inadequate inputs and high cost of production is a threat to the growers viability. (more…)
ZIMBABWEAN businesses have been urged to uphold high ethical standards in their operations to help stabilise the country’s economy, amid concerns of unnecessary price hikes, a leading researcher has said. (more…)