Monetary authorities say Zimbabwe's annual inflation, which currently stands at 257%, will continue to rise until September this year, before slowing from October in response to central bank interventions.
Official data has shown that Zimbabwe's exports rose 33% to $3.5 billion in the first half of 2022 from $2.6 billion in the same period of 2021 driven by a rise in exports of agricultural products, minerals and manufactured goods.
Finance minister Mthuli Ncube on Thursday announced a supplementary budget that more than doubled the government's budget announced last November, whose projections have been dented by inflation.
Malawi Monetary Policy Committee will closely monitor inflation developments in the next few months, and stands ready to adjust the policy rate upwards should inflationary pressures persist.
Huawei and China Mobile Guangdong this week jointly launched the Mobile VPN solution during the Win-Win Huawei Innovation Week.
Individual and institutional buyers of the Reserve Bank of Zimbabwe (RBZ) gold coins will have to hold them for at least 180 days before selling.
The official Reserve Bank of Zimbabwe (RBZ) exchange rate hit $403.40 Zimbabwean dollars against the US dollar which according to experts was prompted by market forces.
The Malawi Energy Regulatory Authority has said fuel stockout at a normally functional service station with valid dealership agreements should be considered as temporary and not a cause for panic.
Goshen City Management will hold a first of its kind multi-stakeholder meeting this coming Friday July 22nd, 2022 in Blantyre as part of raising awareness and court partnerships.
The International Monetary Fund (IMF) announced on Monday that it will provide a 40-month loan of $1.046 billion to Tanzania, mainly to help the country cope with the consequences of the war in Ukraine.
