The Russian government has donated 20,000 tons of fertilizer to Malawi as part of its efforts to garner diplomatic support from various African nations. Malawi voted to censure Russia at the United N
Mar 07, 2023
The Zimdollar has suffered an unparalleled decline since its reintroduction in 2019. It shed off 75% in 2019 and 2020 apiece before easing by a mild 28% in 2021. However, in 2022 the unit declined by
Horticulture incentives were suspended as part of the measures included in the 2023 monetary policy, and this act will further impair the momentum the horticulture sector had accumulated over the prev
All business owners have a fear of inflation. They claim that cost increases pose the largest threat to their business. In order to combat this, business owners must raise prices to cover the effects
In a recent social media post, the Deputy Chief Secretary to the Cabinet of Zimbabwe, George Charamba, made a statement regarding the contribution of diaspora remittances to the country's economy. He
Innscor’s decision to migrate from the ZSE to the VFEX is a significant move that will have far-reaching implications for the company, the ZSE, and the VFEX. In this analysis, we will explore the impl
ChatGPT, a small step for generative AI, is still in the very early stage of verifying its industrial value. In the first issue of the Axis this year in the article Farewell Crypto, Hello generative A
OPEC oil production stood at 34.18 million b/d in 2022, making up about 34 percent of the global total, data from the EIA showed. In the long run, OPEC projected that its market share could be maintai
Given the impending recession, Zimbabwe's high inflation rates, and the nation's ongoing electrical issues, we anticipate Bridgefort Capital to keep improving its operating tactics and controlling exp
For Zimbabwe, 2023 is set to be a turbulent year, yet again, as a looming global recession is set to rock developing economies. This compounded by the sheer lack of fiscal and monetary policy coherenc
Publicly listed companies are generally designed to efficiently manage public funds and give investment value back to the public in the form of either a dividend or share price increment
Inflation hits a new low, marking an unnoticed impact as the exchange rate is racing to lose its total value. The latest recorded inflation rate is 229.8% YOY and 1.1% MOM according to the national st
China claims it will begin purchasing oil and gas in yuan as 2023 drags on, a move that may eventually put the dollar's position as the world's reserve currency in jeopardy.
A recession, defined as two consecutive quarters of negative economic growth, can be caused by economic shocks (such as a spike in oil prices), financial panics (like the one that preceded the Great R
The global economy is experiencing massive growth in debt exacerbated by the COVID-19 pandemic which had forced countries to borrow to boost their reserves and bring some form of economic resilience.
On the fifth of December 2022, the government, through the Reserve Bank of Zimbabwe issued a circular about the resolutions agreed upon by the Monetary Policy Committee (MPC) in the meeting held on th
The money made from the sale of goods and services has been increasing steadily between FY2016 and FY2021, with revenue growing at a Compound Annual Growth Rate (CARG) of 4.79%. However, it should be
20,000 metric tons of fertilizer made in Russia were shipped from the Netherlands to Malawi as part of a pact mediated by the United Nations to maintain agricultural products flowing to international
Zimbabwe just topped the list for food inflation with a 351% spike, and the situation at the Kariba dam would only exacerbate the country's critical food security concerns. Low-income workers are most