OK Zimbabwe is relying on internally generated inflation data, which executives said was at 12,2 percent for September compared to the official rate of 5,39 percent for the same month. …
finance
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DELTA Corporation (Delta) last week said government should take steps to reverse expansionary monetary and fiscal policies, which have caused economic instability. The country has over the past few years …
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FINANCE minister Mthuli Ncube says the emergence of the informal foreign exchange market has been driven by money supply growth that is not backed by United States dollar deposits. He …
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RESERVE Bank of Zimbabwe governor John Mangudya said the bank recorded foreign currency receipts valued at $5,1 billion during the first nine months of 2018, up from $4,6 billion in …
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UNIFREIGHT Africa has been making strong performances despite a poor operating environment after the transport company’s restructuring exercise in 2015 and 2016. In 2015, the group was restructured to reflect …
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Hwange Colliery Company Limited (Hwange) has been suspended from the Zimbabwe Stock Exchange (ZSE) after the troubled coal miner was placed under administration. Last week, Justice minister Ziyambi Ziyambi — …
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ZIMBABWE’S nine percent growth projection for next year is “unrealistic” due to government’s excess expenditure and money creation, economic analysts have said. Finance minister Mthuli Ncube made the projection in …
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ZIMRE Property Investments (ZPI) says it has slowed down property sales in order to safeguard against risks posed by the uncertain and volatile Zimbabwean market. This comes as property sales …
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THE value of shares traded on the Zimbabwe Stock Exchange (ZSE) hit $231,3 million in the third quarter (Q3) of 2018 — a 27,6 percent rise from $181,2 million recorded …
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THE central bank’s lending to government through the overdraft facility increased by $1,1 billion during the period January to August this year due to the persistence of Zimbabwe’s unsustainable high …
