Expanding money supply still top concern for Zim economy, says IH
By ETimes Zimbabwe’s main problem still revolves around increasing the money supply, warned IH Securities (IH). This comes as experts have continuously warned that the growing uncertainty within the economy…
Govt pending exceeds quarterly target
By ETimes Government spending rose 15,2 percent above the first quarter of 2023 to $1,1 trillion with employment costs claiming the lion’s share, according to data from the ministry of finance.…
Economy fragility an effect of elections
By ETimes FBC Securities, a broking firm in its first quarter report said the economy is in a fragile state as the country awaits the much anticipated harmonized elections. In…
Govt backs US$193m loan with royalties
By ETimes Government has signed a US$193,3 million hospital and health centre construction financing deal with South African bank ABSA and Standard Bank Limited Zimbabwe. The financing deal kicks off the…
OMIGZIM on Zim Economy: Baseline view suggest fragile stability
By ETimes OMIGZIM on Zim Economy: Baseline view suggest fragile stability The pre-election picture is hampered by a politically unstable atmosphere and the danger of business blocking policies, the Old…
‘Banks are liquid enough’ RBZ
By ETimes In his monetary policy of 2023, Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mangudya said bank deposits grew exponentially driven by increased use of USDs in the…
RBZ to mint more gold coins if necessary
By ETimes The Reserve Bank of Zimbabwe (RBZ) says it will not hesitate to mint more gold coins if the market demands them, defying the International Monetary Fund suggestions. “The Bank…
Elections a major risk to monetary policy: IH Securities
By ETimes Brokerage firm, IH Securities said the monetary policy remained on course but there was downward pressure from the impending elections pressure. IH Securities noted that the central bank has…
Interest rates review ‘interests’ industry
By ETimes Consistent with the current and expected inflation outturn, the Governor said, with effect from February 1, 2023, the bank policy rate will drop from 200 percent per annum…
ARS sees Zim growth slowing to 1.5% in 2023
By ETimes Zimbabwe’s economic growth will slow to 1.5% this year, the local think tank Akribos Research Services (ARS) said in its latest investment markets playbook 2022 review and 2023…