IMF forecasts GDP contraction, here is why
The International Monetary Fund this week released economic growth forecast for the world including a negative Gross Domestic Product growth rate of 5,2 percent for Zimbabwe.
Need to tackle all parts of reform
Finance and Economic Development Minister Professor Mthuli Ncube is in Washington for the Spring Meetings of International Monetary Fund and the World Bank to what amounts to discussing Zimbabwe’s report card on the progress it is making on financial and economic reforms.
Battle lines drawn!. . . as arch nemesis clash in Super 6 match
Battle lines have been drawn as Harare Sports Club’s Red Lions Club host their perennial arch nemesis Old Georgians’ Dragons in an epitome of rugby derbys in the national league — dubbed the Super 6 tomorrow.
Govt pursues favourable mining policies . . . to attract more investment
To pursue meaningful and increased exploration, fully capitalise on economic benefits and increase investment in the mining sector, the Government has embarked on a number of policies to engender a favourable environment for investors.
Surviving the price discovery phase
If your business made it to this second quarter of the year alive, congratulations! You have passed the base level and must now survive the tumultuous waters of the current season of price discovery.
US$400K for tobacco seedbed
TOBACCO contracting firm, Agritrade Leaf Tobacco (ALT), has set aside a US$400 000 budget for seedbed requirements for the next tobacco farming season.
Stock Market Weekly Review
The Zimbabwe Stock Exchange (ZSE) maintained steady gains in the week as gainers outnumbered fallers leaving the bourse with a positive market breadth.
Latest technology isn’t enough. . . business model should go with it
Manufacturing executives today are confronted with an enormous variety of promising new technologies, ranging from artificial intelligence to connected machinery to 3D printing, all of them offering some combination of cost savings, quality improvements and increased flexibility. It is tempting to think that a manufacturer could modernise itself simply by replacing its old processes with new ones that feature these technologies. But the historical record suggests that isn’t enough.
Why financial market distortions are not going away
Financial market distortions remain a major source of vulnerability for the economy; a substantial hindrance to growth. When the monetary policy stamen was issued on February 20, 2019, there was wide celebration that finally, the central bank was acting in rooting out financial markets distortions.
Formalisation of micro-businesses leads to higher GDP
At the crux of each nation’s GDP, there is always the question of what economic activities contribute more to its growth. While most gain from their economically active members of the population who pay taxes, most African countries are bombarded by a large populace operating within the informal sector.











