economic challenges

Zimbabwe’s currency devaluation has led to soaring inflation, affecting everyday life and local businesses. Learn about the impacts and solutions for economic stability.

Tongaat Hullets, a leading Zimbabwean agri-processing company, is facing financial difficulties after blaming the country’s recent fiscal measures for a decline in profits. The company claims government policies, including suspended import duties on sugar and increased corporate taxes, have significantly impacted its business operations. Despite reporting a net monetary gain, this figure is attributed to inflation adjustments and masks an underlying operating loss. Tongaat Hullets is committed to navigating these challenges but acknowledges the complex economic environment in Zimbabwe.

Zimbabwe introduces ZiG amidst controversy, facing legal and public backlash over its implementation and economic implications.

Harare, Zimbabwe (New Zimbabwe) – Zimbabwe’s Finance Ministry ignited public uproar after announcing a new 2% tax on all foreign currency transactions,…

Zimbabwe’s recent expenditure on maize imports has surged to a staggering $437 million in just a single month. This substantial investment underscores…

Zimbabwe faces a dire food crisis amid economic instability and climatic woes. Urgent relief and long-term solutions are desperately needed.

Concerns rise as Zimbabwe faces challenges in eradicating poverty, hunger, providing decent jobs, and addressing health and education goals under the United Nations Sustainable Development Goals (SDGs).

Portugal and Zimbabwe have reaffirmed their strong bilateral relations and expressed their commitment to cooperate in various fields, according to a report…

Zimbabwe’s civil servants voice concerns over split annual bonus payments.

Amid the economic challenges that have gripped Zimbabwe, the Confederation of Zimbabwe Industries (CZI) has sounded a passionate call to the government,…