Zimbabwe's gold deliveries went up 15,07 percent to 1 189,28 kg in July from 1 033,49 kg recorded in previous month.Statistics from the African Development Bank (AfDB) revealed that gold deliveries by...
Zimbabwe's declining long-term deposits is associated with depositors' speculation on the possible return of the local currency after elections, the African Development Bank (AfDB) has said.The southe...
The Finance Minister, Patrick Chinamasa says the multi-currency regime prevailing will be maintained until the economy stabilises.The remarks come a few weeks after there was scepticism over the use o...
Zimbabwe is hopeful it will fulfil the set targets on the International Monetary Fund supervised economic reform programme, Finance minister Patrick Chinamasa said last week. In June, the IMF agreed o...
Zimbabwe's tax commissioner says the government wants to turn around following the damage cause by 15 years of de-industrialisation and investment outflows, but this does not mean going soft on tax pe...
UK inflation measured by the consumer prices index (CPI) fell to 2.7% in the year to August, from 2.8% in July.It means prices are still rising faster than wages, which rose by 1.0% on average over th...
According to the Reserve Bank of Zimbabwe's monthly report for July, credit to the private sector continued to be driven by loans and advances, which were partly sustained by offshore lines of credit,...
NON-FOOD inflation rose 1,44 percent in the 12 months to August 2013, pushing up annualized inflation for the period by 0,03 percent to 1,28 percent, the August report from the Zimbabwe National Stati...
The basket for a family of six rose to $562,52 for the month of August from $561,32 in July due to an increases in the food basket, the Consumer Council of Zimbabwe has said. According to CCZ, the fam...
President Robert Mugabe's government is expected to open Zimbabwe's diamond sector to increased foreign investment, as it highlighted that its policy would not seek to "nationalise or expropriate priv...
ZIMBABWE has missed a June deadline to ensure diamond revenue from Marange flows into Treasury as part of reforms under a supervised programme by the International Monetary Fund (IMF), the Standard r...
THE World Bank has said the 2014 outlook for Zimbabwe's still ailing economy remains increasingly uncertain due to a host of internal and external factors, the Standard reported.In its September Econ...
Brussels - Belgium, centre of the global diamond trade, is demanding that the European Union lift sanctions on a Zimbabwean mining firm despite deep concerns within the bloc over alleged fraud in a J...
AS the new government takes office, the World Bank says the 2014 outlook for Zimbabwe's ailing economy is increasingly uncertain.According to the World Bank's September economic briefing, the economy ...
According to the 2012 Financial Access report, there has been a growing importance of Nonbank Financial Intermediaries (NBFI) showing that NBFIs are playing an important role in deposit and loan pene...
Zimbabwe's gold production slumped 8,64 percent in June 2013 as the sector remains under pressure from falling price of the yellow metal.Gold prices plummeted to $1, 198 per ounce as at June 7, the l...
Zimbabwe has the potential to become the world's top diamond producer should the gems be sold on an open market, a Canadian firm has reported.In its commentary on the diamonds sector, Kitco, a company...
The country has been recording low levels of inflation and this has been a good sign of stability in the economy.For most sectors such as property the stability of inflation gives the advantage of ...
President Mugabe today said the agriculture sector will be key to the economic growth of the country.Officially opening this year's Harare Agricultural Show, President Mugabe said that this was becaus...
ZIMBABWEAN consumers have not benefited from the rand fall against the US dollar as prices of goods and services remained largely unchanged despite the South African currency plunging 20 percent ag...
Zimbabwe recorded a 4.5% growth to 15 602 in flights coming in and out of the country during the half year driven by the resumption of domestic and regional flights by Air Zimbabwe, latest figures fr...
The African Development Bank says Zimbabwe should boost exports by taking advantage of the interim Economic Partnership Agreement with the European Union in order to reduce the trade deficit.Zimbabwe'...
Zimbabwe's broad money supply, an indicator of inflation declined 3 percent in June this year to $3,84 billion from December 2012, data from Finance Ministry revealed.Broad money is a measure of money...
ZIMBABWE'S economy holds limitless potential to outshine its African peers after making it into the 10 fastest growing economies on the continent despite facing a myriad of challenges.According to the...
Equities analysts FBC Securities say they are forecasting a growth in the manufacturing sector during the tenure of the new Government provided there is a clear economic policy formulation and impleme...