HARARE – (FinX) As part of efforts to eliminate the black market for foreign currency and contain inflation in the process, Government will soon require those who import goods to officially declare sources of foreign currency. لعبه الباصره
Zimbabwe...
HARARE, November 2, 2021—The World Bank has said that it will continue to provide technical and financial assistance to respond to the challenges facing the economy while contributing to economic growth and poverty reduction, with emphasis on post-COVID recovery.
New...
Almot Maqolo
HARARE – Zimbabwe’s GDP will contract by 12.9% in 2020 as drought continues to weigh on agricultural output and energy production from hydropower and as the ongoing currency and liquidity crisis hampers economic activity across the country, the Economic Intelligence...
HARARE (FinX) - Tourism receipts are estimated to have increased by 15% to US$252 million in the second quarter of 2024 from US$220 million in the same period on 2023, mainly attributed to rising international tourism in addition to
improved...
HARARE - Zimbabwe has recorded a 3% increase in gold earnings in the four months to April at US$297.46 mln from US$289.52 mln recorded in the same year ago period.
Latest figures show that April earnings increased 53% to US$97.06mln...
Grain Millers Association of Zimbabwe (GMAZ) has said the prices of bread and maize meal have gone up due to higher grain and oil prices currently obtaining on global markets due to the Russia-Ukraine Conflict.
GMAZ chairman Tafadzwa Musarara said...
HARARE (FinX) - The Court of Appeal of England and Wales has affirmed that states cannot rely on sovereign immunity to oppose the registration of ICSID awards rendered against them – dismissing appeals lodged by Spain and Zimbabwe.
In the...
Farai Mabeza
HARARE - "Our mining engineers are well sought after all over the world", says Chamber of Mines chief executive Isaac Kwesu.
For any economy, this would be good news. But in Zimbabwe this has turned out to be a...
HARARE – Month on month inflation continued its gradual deceleration in September, falling to 17.7% from 18.07% reported at the close of August. Meanwhile the implied annual inflation rate now stands at 353% from 289% at the end of...
MUTARE – President Emmerson Mnangagwa launched an oxygen plant that will have positive impact in various value chains in the health and agriculture sector.
Mnangagwa launched an Air Separation Unit plant with an installed daily capacity to produce 20 tonnes,...
