Zim GDP to grow but not at the most efficient pace – Report
By 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 said.…
Shepco merger with Haggie Rand Zimbabwe approved
By 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 to…
‘Policy fluidity will rouse temporary negative outcomes during realignment period’
By 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 of…
Equities, ZWL depreciates further
By 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 the…
Uncertainty clouds Zimbabwe’s outlook – Report
By 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 President…
USD loan to remain high, further intensifying dollarisation trend – IH
By 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 nation…
GBDTs to solve small change crisis – economist
By 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, supplemented…
Strive Masiyiwa, Zimbabwe’s richest man, sees wealth skyrocket by US$600 million in 2023
By 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 wealth…
Six month remittance up 15%
By 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 remittances…
RBZ maintains tight monetary policy stance amid ZWL shortages
By 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 currency…