Almot Maqolo
HARARE – Grain Millers Association of Zimbabwe (GMAZ) had a torrid time in parliament as it failed to provide concrete evidence on how the US$27 million facility meant for importing wheat and refurbishing Grain Marketing Board (GMB) silos...
Samuel Mapuranga
The outbreak of coronavirus named COVID-19 has disrupted the global economy. Evolution of the disease and its economic impact is highly uncertain, which makes it difficult for policymakers to formulate an appropriate macroeconomic policy response.
In essence, even a...
Itai Ndongwe
HARARE – The Zimbabwe Investment Development Agency (ZIDA) reported a significant 60% decrease in total investment value in the fourth quarter of 2024 at US$4.6 billion from US$11.5 billion reported in Q4 2023. This decline is attributed to...
Munyaradzi Doma
For years, a long cherished dream for many would be to live in urban areas, where people enjoy luxurious lives compared to rural areas.
The tables have since turned with extreme levels of poverty stalking people in urban areas...
By Kovedzayi Takawira
Harare -The Zimbabwe National Statistics Agency (Zimstat) has revealed that approximately 76.1% of businesses in the country are operating informally.
Speaking at the launch of the Zimbabwe Economic Census preliminary report in Harare today, Zimstat Director for Production...
Staff Writer
Food security, agriculture and the African Continental Free Trade Area are the key sectors that will anchor Africa’s post-COVID-19 recovery, a senior AfDB official has said.
Addressing a virtual press conference on the opening day of the African Economic...
HARARE – Government will during the course of the year drip feed into the economy bigger denominations in order to enable ease of transactions.
Finance and Economic Development Minister Mthuli Ncube told Bloomberg on the sidelines of the World Economic...
Xolisani Ncube
The Reserve Bank of Zimbabwe has re-introduced the use of multi-currency system as a way of fighting the highly contagious Covid-19 pandemic.
In a statement issued Thursday afternoon, RBZ governor John Mangudya said the move to re-introduce the multi-currency...
Sydney Kawadza
The SADC region is seeking investment water resources development to address insecurities in food and energy while meeting demands from a growing population.
Development of water resources would also ensure environmental protection in the region.
According to the AfDB, there...
Almot Maqolo
HARARE – The Grain Millers Association of Zimbabwe (GMAZ) says it is owed more than $120m by government for roller meal subsidy refunds dating back from last December.
This, the association says, was affecting constant supply of roller meal.
In...
