Prices are likely to continue increasing, FEWSNET says
TweetShareSharePin0 SharesBy ETimes The Famine Early Warning Systems Network (FEWSNET) says the country is likely to continue experiencing price increases, which are being fuelled by rising manufacturing costs and parallel…
Forex Reserves, 2023 current account surplus will not help
TweetShareSharePin0 SharesBy ETimes Zimbabwe is forecasted to have a current account surplus in 2023, but rating agency Fitch Ratings feels the surplus will not be able to help our foreign…
Illicit Financial Flows Deplete Zimbabwe’s Wealth: Veritas
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s economy is being hindered by illicit financial flows, which also encourage corruption and benefit members of the elite at the expense of the general populace, a…
Multiple shocks will continue to weigh on Zim’s growth prospects: IMF Staff
TweetShareSharePin0 Shares…ZSE closes on positive note, up 0.94% By ETimes The upward trajectory witnessed on the local bourse continued on Thursday with a further 0.94% growth. Today’s performance comes as…
MSME formalisation has not improved over the past decade at 14%: FinScope
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s micro, small, and medium enterprises’ (MSME) formalization has not increased over the past ten years, with the lowest percentage occurring among small businesses and individuals, a…
US$8.9 billion for vulnerable nations from ADF
TweetShareSharePin0 SharesBy ETimes The African Development Fund (ADF) has agreed to commit a total package of US$8.9 billion to its 2023 to 2025 financing cycle to help vulnerable African countries.…
Nearly half of adults have sent money locally amid subdued domestic remittances: Report
TweetShareSharePin0 SharesBy ETimes Remittances have dropped over the years, from 58% of adults remitting in 2014 to 38% in 2022, says the Reserve Bank of Zimbabwe (RBZ). RBZ’s 2022 FinScope…
No joy for business as MPC keeps rates unchanged until Q1 2023
TweetShareSharePin0 SharesBy ETimes The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe (RBZ) has decided to keep interest rates unchanged in order to keep the stability in the…
Zimbabwe industrialization level needs more work
TweetShareSharePin0 SharesBy ETimes Zimbabwe was number 32 on the African Development Bank (AfDB) 2022 industrialization index a one-step improvement. The country was hit by Covid-19, labour emigration and currency issues…
Price pressures will ease back in 2023 in all African states except Zim: EIU
TweetShareSharePin0 SharesBy ETimes The Zimbabwean dollar will be among the weakest currencies in the world next year, a new report shows. Since May, the southern African nation has instituted a…