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Opinion: Recurring, imminent risks for Zim economy

The country has been struggling with power cuts from as far as back as 2003 with acute shortages in 2006, 2009, 2011, 2013, 2019, 2022.
By Victor Bhoroma Mar. 10, 2023

Exchange rates fail to hold

THE direction of the Zimbabwean and United States dollars pair remained the same, southwards.
By Respect Gwenzi Mar. 3, 2023

The plague of informalisation

Clothing retailers have also had to deal with an influx of second-hand clothes in the market (mabhero), which has led to pricing pressures.
By Batanai Matsika Mar. 3, 2023

Economy desperately needs a market exchange rate

IN its maiden monetary policy for 2023, the Reserve Bank of Zimbabwe (RBZ) increased the retention threshold for all exporters from 60%.
By Victor Bhoroma Mar. 3, 2023

IMF package boosts horticultural output

Launching the facility last year, Finance and Economic Development minister Mthuli Ncube said it would close funding gaps and help farmers improve production.
By Freeman Makopa Feb. 23, 2023

Govt defends Mbudzi interchange loan deal

Fossil Mines is a sister company to Fossil Contracting — one of the firms involved in the project.
By Kenneth Nyangani Feb. 16, 2023

China's debt moratorium offer to Sri Lanka not sufficient for IMF to approve funding program: Report

Meanwhile, India has extended the financing assurances to the International Monetary Fund to clear the way for Sri Lanka to move forward.
By World News Feb. 5, 2023

RBZ measures not enough, experts say

RBZ governor John Mangudya  announced that forex retention thresholds for business had been raised to 75% from 60% on export earnings
By Tatira Zwinoira and Melody Chikono Feb. 5, 2023

How the accounting profession is key to Zimbabwe’s sustainable economic development

The public sector cannot meet this challenge without substantial support from private investors.
By Kevin Dancey and Bruce Vivian Jan. 31, 2023