economy

The Zimdollar (ZWL$) has devalued by 41,57% to $9,16 against the United States dollar on the official interbank market due to low forex and market confidence, a month after it was reintroduced, analysts have said.
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President Cyril Ramaphosa said on Tuesday South Africa was ready to help Zimbabwe revive its economy, but within its means, while the two neighbours consider options that could see Harare receiving some financial assistance.
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The country was yesterday hit by an internet blackout that affected various sectors of the economy that largely depend on online connectivity for their operations.
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Hard-pressed Zimbabwean consumers are in the throes of skyrocketing grocery bills that are likely to deprive them of the joys of Christmas, with unofficial inflation figures showing that food prices have gone up by between 20 to 100 percent…
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Zimbabwe's economy is expected to grow by 3.2 percent in 2015, the finance minister said Thursday, but the bulk of the new budget would have to be allocated to spending on public wages.
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It is the beginning of an end to the Zanu PF regime's cat and mouse games with civil servants. This month Finance minister Patrick Chinamasa will scrounge, scrap and muddle through. He will put pieces together and eventually pay all civil…
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BULAWAYO — Zimbabweans living in South Africa who have returned home for the festive season, have come face to face with the country’s latest economic downturn.
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The ultimatum given to foreign owned businesses by government last week is an attempt by ZANU PF to appear to be delivering on promises made during the election campaign earlier this year, an economist has said.
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By Nelson Banya HARARE (Reuters) - Zimbabwe is likely to cut its 2010 economic growth forecast from 7.7 percent to 4.8 percent due to political uncertainty and its failure to attract foreign donor support, Finance Minister Tendai Biti…
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By Jason Moyo The answer to the question of how Zimbabwe's economy has fared under its unity government lies somewhere between its much improved economic data, and the growing frustration of the country's workers. The statistics tell a…
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