HARARE - The country's maize production is estimated to have risen 17% in the 2019/20 season, but the biggest concern remains the poor yields, which averaged 0.57 tonnes per hectare. According to the Second Round Crop and Livestock Assessment...
Simba Rushwaya/Xolisani Ncube
Government workers and their representatives have rejected the government’s US$13 equivalent of the 50 percent salary increment awarded last month.
Government on Tuesday awarded civil servants a 50 percent salary hike which translated loosely to US$13 as Zimbabwe’s...
Sharon Chikwanha
The Reserve Bank of Zimbabwe has introduced a new $50 note which goes into circulation tomorrow, Governor John Mangudya has announced.
In a statement, Governor Mangudya said the RBZ will release $360 million through normal banking channels while banks...
Pride Mzarabani
HARARE – Global Commodity prices are set to fall sharply this year by about 12 percent overall, as weakening global economic growth weighs on demand. Next year 2026, commodity prices are projected to decline by another 5 percent,...
PRESS RELEASE – As largely expected, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has today designated Kudakwashe Regimond Tagwirei for providing support to the leadership of the Government of Zimbabwe, as well as Sakunda...
Farai Mabeza
HARARE – With a huge energy crisis on its hands, the Zimbabwean government is set to introduce a new renewable energy policy. According to the country’s Energy and Power Development Minister, Fortune Chasi, the new policy will be launched...
HARARE (FinX) – Cabinet has directed the national statistics agency to conduct the national census next year instead of the planned 2022, which would have been held close to the general elections in 2023.
The population census is set to...
War, Global Crisis and Colonial Consolidation, Currency Developments, 1910s -1920s.
Tinashe Nyamunda
The previous articles in this column examined the origins of the colonial monetary system from 1890s to the eve of the First World War. So far, these articles have...
Government has availed USD400 000 to the Deposit Protection Corporation
{DPC} through Kuvimba Mining House for the compensation of small depositors for the loss of value incurred following the movement of the exchange rate from USD1: RTGS1.
Finance and Economic Development...
Rhys Balicholo
HARARE – The high levels of debt in African countries are slowing down the development of the economy where seven countries, Zimbabwe included, have a debt to GDP ratio which is above 100.
In fact, the continent’s combined debt-to-GDP ratio...
