Tag: Zimbabwe
Bread production capacity now below 50% as flour supply constraints remain
FARAI MABEZA
HARARE – Bread production capacity has dropped to below 50 percent over the last months due to erratic wheat and flour supplies.
This has...
De-dollarisation is possible; but authorities must first have control of domestic...
Chris Chenga
The following are pondering notes on what risks and considerations should guide the continued easing in of a local currency
HARARE – (FinX) – The...
Zimbos lived on US$0.96/day in Sept, below World Bank’s standard
HARARE – Latest data from Zimstat shows that the average Zimbabwean lived on US96 cents a day or ZWL$14.60 in September up 18.18% from...
Implied annual inflation passes 300% as m-o-m inflation slows to 17.7%
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...
Zim’s GDP to contract by 12.9% in 2020, warned of disastrous...
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...
