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Zimbabwe’s banking sector ‘cautiously optimistic’ in 2025

Economist Prosper Chitambara predicted a positive trajectory for the banking sector compared to the previous year, driven by the projected 6% economic growth.

By Blessed Ndlovu Jan. 12, 2025

Zimbabwe’s banking sector ‘cautiously optimistic’ in 2025

High demand demonstrates growing influence for ZITF

In addition, ZITF will construct a theme park to appreciate the history and culture of Bulawayo, as well as office and eco-friendly parks.

By Belinda Chiroodza May. 3, 2024

High demand demonstrates growing influence for ZITF

‘Zim needs sustainable arrears clearance strategy ‘

Zimbabwe cleared its overdue obligation to the IMF in October 2016, according to Chitambara.

By Melody Chikono Mar. 18, 2024

‘Zim needs sustainable arrears clearance strategy ‘

Forex earnings to decline

The move, according to the RBZ, meant to enhance foreign exchange resources needed to settle national and international obligations that normally require foreign currency.

By Mthandazo Nyoni and Tafadzwa Mhlanga Feb. 23, 2024

Hanke got it right on RBZ quasi-fiscal activities

During the discourse, Hanke pointed out that the real bane in fixing the currency crisis was the Reserve Bank of Zimbabwe (RBZ).

By Tatira Zwinoira Feb. 23, 2024

Hanke got it right on RBZ quasi-fiscal activities

Food inflation hits consumers

Food prices have been volatile in recent months, with staples like bread, cooking oil and sugar becoming increasingly expensive.

By Sharon Buwerimwe Dec. 29, 2023

Zim dollar decline fueled by surge in money supply

Since November 30, the local currency has depreciated by 50% to US$1:$11 500 to $12 000 on the commonly used parallel market.

By Tafadzwa Mhlanga Dec. 24, 2023

Zim dollar decline fueled by surge in money supply

Economists warn of inflation shocks from the 2024 national budget

Chitambara urged the government to stick to the prescribed budget and ensure fiscal and monetary discipline to avoid further increasing the budget through supplementary budget.

By Tafadzwa Mhlanga Nov. 30, 2023