‘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,…
Strive Masiyiwa, Zimbabwe’s richest man, sees wealth skyrocket by US$600 million in 2023
TweetShareSharePin0 SharesBy ETimes While some African billionaires have faced substantial declines in their fortunes this year, Zimbabwe’s richest man Strive Masiyiwa stands out as one of the few enjoying remarkable…
Six month remittance up 15%
TweetShareSharePin0 SharesBy ETimes Diaspora remittances to Zimbabwe reached over US$900 million in the first six months of this year, translating to a 15 percent increase from last year’s figure. Diaspora…
RBZ maintains tight monetary policy stance amid ZWL shortages
TweetShareSharePin0 SharesBy ETimes The Reserve Bank of Zimbabwe (RBZ) has held the benchmark interest rate to give time for the instituted measures to have their full effect on the dual…
Food inflation fears rise as Russia backs down on deal
TweetShareSharePin0 SharesBy ETimes The Black Sea grain deal which eased food inflation to record highs in 40 years has been put to an end as the concerned parties have not…
Zim poised to record softer growth for reminder of year
TweetShareSharePin0 SharesBy ETimes A research firm has become less optimistic about Zimbabwe’s growth outlook owing to an increasingly dollarising economy. The country has been fast dollarizing, with statistics from the…