Zimbabwe's annual inflation may breach the upper cap of 25 percent target in 2021 on surging global commodity markets, supply disruptions, stimulus interventions and currencies depreciation induced by the coronavirus pandemic.
The World Bank has announced that its outgoing country manager in Zimbabwe, Mukami Kariuki will be replaced by Zambian national Marjorie Mpundu.
An organisation that stands for the interests and rights of consumers has declared war on local business operators over what they call unjustified price system.
Zimbabwe has lost a staggering US$24,6 billion of public funds between the period 2015 to 2019, a former finance minister made the shocking revelation.
The country is in debt-distress as it closed the year 2020 owing to its external creditors as much as US$10,523 billion in Public and Publicly Guaranteed debt with more expected to be loaded on the total bill, Business Weekly revealed in a report.
ZIMBABWE’s insurance sector has a key role to play in driving the cybersecurity drive by developing products that cater to the needs of an increasingly digitalized economy, Finance and Economic Development Minister Professor Mthuli Ncube has said.
Zimbabwe's Finance and Economic Development Minister, Professor Mthuli Ncube on Sunday appointed five new members to Reserve Bank of Zimbabwe Monetary Policy Committee (MPC).
HARARE - Finance Minister, Professor Mthuli Ncube has disclosed that the Reserve Bank of Zimbabwe acquired three loans from Afreximbank since 2017 totaling a massive US$1.4 billion.
Zimbabwe's annual inflation rate rose to 362.63 percent in January 2020, up from 348.59 percent last month, according to latest numbers from the Zimbabwe National Statistical Agency (ZimStat).
Zimbabwe economy is expected to decline by a further 18% this year due to the covid-19 pandemic which has left many businesses worldwide stuck in uncertainty.