Despite a continuous decline, Zimbabwe steadfastly plans to rejuvenate its local currency.
Zimbabwe economy
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In a significant economic boost for Zimbabwe, global steel behemoth, Accelormittal, is now importing 45,000 tones of coke worth $10 million monthly.…
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Zimbabwe’s retailers face acute shortages, battling an economy leaning towards full dollarization. The local currency’s decline triggers a pressing need for economic stability.
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Deloitte Zimbabwe, one of the leading professional services firms in the country, has announced its exit from the global Deloitte network as…
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Informal sector in Zimbabwe increasingly favors USD transactions amidst rising prices, signaling a move towards full dollarization in the struggling economy.
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Amid economic challenges, USAid highlights rising inflation and price surges in Zimbabwe, attributing them to new government taxes and fees.
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Zimbabweans are facing heightened economic distress as the national currency takes a nosedive, rendering everyday goods and services unaffordable for numerous low-income…
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Zimbabwe is expected to see a robust economic recovery this year, with a projected growth rate of 4.8%, according to the International…
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Zimbabwe’s economy recorded a 1.5 percent growth in the second quarter of 2023, after a sharp contraction of 11.1 percent in the…
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Leading economist Gift Mugano has criticized President Emmerson Mnangagwa’s government, alleging that ministers are providing false information about the state of Zimbabwe’s…