The Zimbabwean economy is rooted in agricultural productivity, according to the National Economic strategy, NDS1 (National Development Strategy1). Agriculture has an important role in Zimbabwe's long-
Dec 06, 2022
The resolutions of the RBZ’s Monetary Policy Committee (MPC) held on the 2nd of December 2022 comes at a time when the economy is beginning to witness a rise in the parallel market rate, which is now
Africa has remained the major supplier of primary commodities, particularly agricultural products and mineral resources, to the rest of the world since the turn of the century.
OPEC+ has Made a decision to maintain production levels at current levels despite widening supply gaps in the market. The decision comes at a time China is expected to see spikes in demand as the late
It is our view that REITs will be crucial on two primary levels. As stated already, the Zimbabwean capital markets need depth in terms of scope as investible assets are limited
Zimbabwe’s GDP growth in 2021 according to World Bank was 5.85%, making Zimbabwe the 10th fastest-growing economy in Africa in 2021. Zimbabwe’s economic growth accelerated to an anticipated 5.9% in 20
At 321%, Zimbabwe tops the World Bank's (WB) list of countries severely afflicted by food inflation, among war-torn Lebanon and Venezuela, whose political and economic crises have left worrisome rates
Increasing economic activity in various key sectors of the economy such as, among others, mining, agriculture and construction coupled with cushioning the public service from global shocks and domesti
he Zimbabwe dollar (ZWL) dropped by 2%, the worst perfomance in over two months to ZWL655 against the United States dollar from 642 registered last week. Parallel market rates against the Zimbabwe d
In March 2022, Russian President Vladimir Putin demanded that "unfriendly countries" use rubles to purchase his country's oil and gas, sending energy prices even higher as markets continue bearishly.
BlockFi cryptocurrency company is the latest casualty in the crypto business following the collapse of Sam Bankman-Fried’s FTX Bahamas-based company. On Monday, Nov. 28, BlockFi filed for bankruptcy p
inance and Economic Development Minister, Professor Mthuli Ncube revealed that a tight monetary and fiscal policy stance will remain as the government tries hard to battle inflation. In a statement
Zimbabwe's merchandise exports continue to narrow down the undying trade deficit with the latest skyrocket of 11.9% recorded during month of September . That has seen off the nation's trade deficit by
Agriculture continues to be perceived as the nation’s way out of the poverty trap. With the sector's estimated forecast decline of negative 14% in 2022, the forecast growth figures for 2023, 2024, and
Harare- Zimbabwe Stock Exchange (ZSE)-listed diversified investment outfit, Meikles Zimbabwe Limited has posted strong financial results across all units despite having encountered setbacks from the a
ZSE-listed hospitality service provider, Rainbow Tourism Group’s (RGT) revenue grew 309% to ZW$21.4 billion, up from ZW$5.2 billion in the comparative period prior year as hotel room occupancy more th
Harare – Zimbabwe Stock Exchange (ZSE) listed manufacturer and supplier of agriculture, mining and construction implements, Zimplow Holdings, posted an 11% increase in revenue for the third quarter en
Zimbabwe Stock Exchange (ZSE) listed manufacturer and supplier of roofing and building materials, Turnall Holdings, recorded a 13% increase in revenue in inflation-adjusted terms and a 282% surge in h
According to the International Monetary Fund, other economies are also having difficulties (IMF). However, in terms of economic growth, the UK ranks last within the G7 group of advanced industrial
