Search results for 'poverty'
Zimbabwe
A Look into Zimbabwe’s Street Vending Ban: Economic Formalisation vs. Informal Livelihoods
In early August 2025, Zimbabwe’s government issued a one-month ultimatum to ban street vending and second-hand clothing sales, aiming to formalise the economy and enhance urban order. This policy has
Aug 21, 2025
World
Africa Ranks as Epicentre of Child Poverty, Yet Possesses 30% of Global Rare Riches: An Analysis
The past decade has witnessed gradual but persistent progress in reducing extreme child poverty globally, yet children remain disproportionately affected by poverty compared to adults. Despite advanc
Sep 24, 2025
Zambia
Zambia’s Unemployment Falls: But the 9.9% Rate Masks a Deeper Working Poverty Crisis
The Zambia Statistics Agency has reported a decline in the country's official unemployment rate to 9.9%, down from 12.9% in 2021 and from 12.6% recorded in the 2022 Labour Force Survey. This was dis
Apr 27, 2026
Zimbabwe
Zimbabwe Poverty Lines Drops Significantly Despite Monetary Stability, Growth Across Many Metrics
The Zimbabwe National Statistics Agency has put the Food Poverty Line for one person in May 2026 at ZWG 916.59 per month, which translates to USD 36.66 per month or USD 1.22 per day using the formal m
Jun 01, 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
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
1 day agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
1 day agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
1 day agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
1 day agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
Nov 13, 2026Treasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
Nov 13, 2026Built with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
Nov 12, 2026
