Regulatory costs choke industry growth in Zimbabwe, limiting competitiveness. CZI calls for reforms to ease the burden on businesses
Zimbabwe economy
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Zimbabwe commits ZWL 550 million to its Industrial Growth Plan, aiming to revitalize local industries, create jobs, and boost production capacity
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Diaspora Kapita plans to raise $10 Million through Zimbabwe’s first diaspora-backed bond, leveraging offshore revenue for housing investments.
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Zimbabwe initiates debt restructuring talks to tackle $21 billion in arrears, aiming to restore economic stability and re-enter international capital markets.
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Zimbabwe’s gold-backed currency gains as central bank tightens monetary policy; further budget measures expected to support the ZiG’s role.
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U.S. sanctions on Zimbabwe limit economic growth and strain essential services, impacting daily life and raising costs across the nation
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A lawyer argues Zimbabwe’s ZiG currency is no longer legal tender due to an expired statutory instrument, raising concerns about currency stability and legal clarity.
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President Mnangagwa condemns U.S. sanctions on Zimbabwe, attributing them to economic struggles and urging SADC support for lifting sanctions on Anti-Sanctions Day.
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A regional trade union has petitioned Zimbabwe’s Finance Minister over the unilateral devaluation of the Zimbabwe dollar, urging immediate dialogue to address the economic impact.
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Zimbabwe’s ZWG currency faces ongoing challenges as retailers enforce a three-tier pricing system, weakening efforts to stabilize the local economy.