Search results for 'World Bank'
World
Zimbabwe Courts Western Creditors for $2.6 Billion Bridge Financing, But Policy Gaps Stall Progress
Zimbabwe is pursuing $2.6 billion in bridge financing to clear $6.7 billion in arrears, a critical component of its $21 billion public debt, equivalent to 96.6% of its 2023 GDP (World Bank, 2024). Fi
Apr 25, 2025
World
Zimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade
The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing
Jun 16, 2026
Zimbabwe
How Zimbabwe’s Poverty Lines Compare With Minimum Wages: Costs Rise as Household Buffers Narrow
Zimbabwe's Food Poverty Line for one person stood at ZWG 921.72 in June 2026, the amount ZimStat calculates as necessary to afford the daily minimum energy intake of 2,100 calories on its confirmed co
Jun 29, 2026
Zimbabwe
Five Years of Growth, Limited Job Gains: World Bank Flags Zimbabwe’s Productivity Gap
The World Bank has flagged Zimbabwe’s failure to convert strong economic growth into productive employment, with about 80% of working Zimbabweans now operating in the informal sector where median mont
Sep 07, 2026
Zimbabwe
World Bank Puts Zimbabwe’s Power Losses at 6.1% of GDP, Firms Expand Captive Supply
Zimbabwe is carrying an electricity constraint estimated by the World Bank at 6.1% of GDP annually, placing power among the largest structural costs still embedded in an economy targeting industrial e
Sep 08, 2026
World
Zimbabwe to Seek Sovereign Credit Rating as Mthuli Tests Reform Gains Against Country Risk
Zimbabwe intends to seek a sovereign credit rating as its re-engagement programme advances. * Public and publicly guaranteed debt stood at an estimated US$22.8 billion at the end of 2025. * A rating w
Sep 14, 2026
Zimbabwe
Zimbabwe Sets March 2027 Debt Deadline as US$8.3 Billion in Arrears Weighs on Recovery
Zimbabwe is targeting March 2027 to clear its arrears with international financial institutions, as Government seeks bridge financing to restore access to affordable development funding after more th
Oct 15, 2026
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Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers
Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance
Oct 22, 2026Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
Oct 21, 2026
