Externalisation partly to blame for current deflation in Zimbabwe

February 7, 2016

Zimbabwe is the only country in the Southern African Development Community with negative inflation and this is largely because of…

Huge import bill constraining economic growth

February 7, 2016

Zimbabwe’s huge import bill is constraining the country’s economic growth potential and the situation is being worsened by illicit financial…

Zimbabwe needs self-discipline to cushion itself from impact of recent US interest hike

February 6, 2016

Zimbabwe, which is now using the United States dollar as its main currency, needs self-discipline to cushion itself from the…

Zimbabwe needs to move away from supermarket economy to productive one says RBZ governor

February 6, 2016

Central Bank governor John Mangudya says Zimbabwe needs to move away from a consumptive or supermarket economy to a productive…

Tsvangirai warns Zimbabwe can implode any time putting entire SADC at risk

February 5, 2016

Movement for Democratic Change leader Morgan Tsvangirai today warned that Zimbabwe could implode any time putting the entire Southern African…

Bulawayo City Council gives UK firm $68 million contract

February 5, 2016

The Bulawayo City Council has agreed to grant United Kingdom-registered Pragma Leaf Consulting company permission to set up a $68…

Special economic zones could boost Zimbabwe’s economy

February 5, 2016

Special economic zones (SEZs) could boost Zimbabwe’s sluggish economic growth by increasing foreign investment but need to be developed diligently,…

Why Zimbabwe is now in the grip of deflation

February 4, 2016

In most parts of the world, prices have risen steadily for decades. While some things — computers and electronic products,…

Zimbabwe tightens controls on offshore investments after losing $1.8 billion

February 4, 2016

Zimbabwe today tightened controls on offshore investments to plug foreign currency leakages after the country lost $1.8 billion in illicit…

US removes two State banks from Zimbabwe sanctions list

February 4, 2016

The United States government yesterday removed two State-owned banks, the Agricultural Development Bank of Zimbabwe (Agribank) and the Infrastructure Development…