Zimbabwe’s inflation was today reported to have declined to 0.59 percent in October, despite the liquidity crisis in the country, largely because of the weakening South African rand. South Africa is Zimbabwe’s main trading partner accounting for 40 percent of total exports and 60 percent of total imports. The Zimbabwe National Statistics Office says that because of the tight liquidity situation, there is an across-the-board weakness in consumer spending or low aggregate demand.
(23 VIEWS)
The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…
An Indian think tank has described Starlink, a satellite internet service provider which recently entered…
Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…
Zimbabwe is among the top 30 countries in the world with the widest gap between…
Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…
Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…