FINANCE minister Patrick Chinamasa will today present his 2017 National Budget, which is unlikely to be above $4 billion due to a shrinking tax base.
Zimbabwe is grappling with its worst drought in decades, which has left nearly half the population in need of food aid.
The Reserve Bank of Zimbabwe (RBZ) will this week release a second tranche of bond notes worth $7 million, as it pushes ahead with the currency.
Zimbabwe needs to strengthen the multi-currency regime through increased production instead of introducing bond notes, analysts have said.
A LACK of strong and sound leadership has made it difficult for many organisations to develop effective structures that fight corruption.
ONE person requires $95,06 per month for food and non-food items to escape being deemed poor, which is down from $95,42, a new report has shown, despite the cost of living still being significantly high. (more…)
MINERAL production costs declined in 2016 due to cost-cutting measures that were implemented by the mining sector. (more…)
THE Reserve Bank of Zimbabwe (RBZ) says year-on-year credit to the private sector declined by 8,4% to $3,52 billion, as banks practised “cautionary lending” to curb the high default rates that had afflicted the sector. (more…)
An increase in advice from diverse sources is becoming counter-productive for smallholder farmers in many developing countries. (more…)
INNSCOR Africa’s bakery unit, Baker’s Inn, says sales grew up by 15% after the launch of its sales promotion, which ended last month.