With a wary eye on COVID-19, the International Monetary Fund (IMF) has forecast a more optimistic 5.5% expansion of the global economy this year.
The upward revision in the IMF’s latest World Economic Outlook published Tuesday is 0.3 percentage point...
Tapiwanashe Mangwiro
Zimbabwe’s largest mobile money transfer platform – Ecocash - has increased daily limits for individual transactions while a new executive club for exclusive users has been established.
In a statement issued over the weekend, EcoCash, increased daily and monthly...
HARARE – Zimbabwe should increasingly look within for development and harness national resources for inclusive growth in the absence of an international bailout.
However, for that inclusive growth to occur there is need to strengthen institutions and put in place...
Titus Mukove
HARARE - Tuesday marked the first gear of the Foreign Currency Auction System by the government which is aimed at bringing stability on prices and exchange rate. As expected, there was a sharp fall in the value the...
Farai Mabeza
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has increased electricity tariffs by 19.02 percent with effect from March 1, 2020.
In a statement, ZETDC acting managing director Engineer Ralph Katsande said from now on it would be reviewing...
By Talkmore Gandiwa
HARARE – Zimbabwe’s inflationary momentum significantly accelerated in April 2026, with the USD month-on-month rate rising to 1.1%, gaining 0.6 percentage points from March’s 0.5%, as escalating geopolitical tensions in Iran triggered a fresh surge in global...
HARARE – The government has reviewed upwards the subsidized price for a roller meal bag by 40% against the prevailing market price of the product with immediate effect.
Previously, the roller meal subsidy was pegged at ZWL$50 per 10kg bag...
HARARE – Zimbabwe was credited with the equivalent of US$960.87 million when the International Monetary Fund’s special drawing rights came into effect on Monday, Aug 23. فريق مان سيتي
SDRs are being distributed to countries in proportion to their...
HARARE - The gold coin that will be on sale to the public from July 25, 2022 will have prescribed asset status and institutional investors can use it to meet regulatory requirements for prescribed asset investments.
According to a statement...
Staff Writer
Senior African Development Bank officials recently undertook a three-day business mission to Zimbabwe, where they discussed the development of the private sector and how Zimbabwe could best utilize its renewable energy resources.
The bank’s vice president for power,...
