Elnino Threat: Over 20 million people will need food aid in Southern Africa
TweetShareSharePin0 SharesBy ETimes At least 20 million people will require food assistance in southern Africa between January and March next year owing to El Nino’s adverse effects, the Famine Early…
Marked growth in ZWL liquidity exerts pressure on exchange rates – Report
TweetShareSharePin0 SharesBy ETimes While Zimbabwean dollar liquidity increased significantly in the market, IH Securities expects this upward trend to continue, putting continuous pressure on exchange rates. The weak local unit,…
IMF staff tell Zim to accelerate FX market reform
TweetShareSharePin0 SharesBy ETimes HARARE – The International Monetary Fund (IMF) flagged the pressing need for Zimbabwe to immediately expedite forex market reforms in order to fully restore macroeconomic stability. It…
Zim GDP to grow but not at the most efficient pace – Report
TweetShareSharePin0 SharesBy ETimes HARARE – Zimbabwe’s gross domestic product (GDP) will grow in the outlook, but not at the most efficient rate considering the aforementioned problems, a local research firm…
Shepco merger with Haggie Rand Zimbabwe approved
TweetShareSharePin0 SharesBy ETimes In a bid to survive and not close doors Haggie Rand Zimbabwe, a steel wire manufacturer has seen Shepco Industrial Supplies acquire a significant chunk of ownership according…
‘Policy fluidity will rouse temporary negative outcomes during realignment period’
TweetShareSharePin0 SharesBy ETimes HARARE – First Mutual Holdings Limited says the strategic presumptions regarding the economic environment’s outcome have mainly not altered despite policy measures instituted in the first half…
Equities, ZWL depreciates further
TweetShareSharePin0 SharesBy ETimes HARARE – The bears strengthened its hold on the Zimbabwe Stock Exchange (ZSE) as the market extended its losing streak at the close of Tuesday’s trading, causing…
Uncertainty clouds Zimbabwe’s outlook – Report
TweetShareSharePin0 SharesBy ETimes HARARE – The Zimbabwe economic outlook remains uncertain on expected policy continuity, which will be challenging amid a struggling economy, the latest report shows. This comes after…
USD loan to remain high, further intensifying dollarisation trend – IH
TweetShareSharePin0 SharesBy ETimes HARARE – The demand for comparably more affordable US dollar loans will remain high, eventually accelerating the present dollarisation trend, IH Securities has warned. The southern African…
GBDTs to solve small change crisis – economist
TweetShareSharePin0 SharesBy ETimes The Gold-Backed Digital Tokens (GBDTs) will solve the small change crisis, especially when buying using US dollars and there is a huge opportunity that authorities can exploit,…