December inflation jumps to 42,09pc. . . but decelerating month-on-month

Taking Stock Kudzanai Sharara Zimbabwe’s December 2018 inflation rate rose to 42.09 percent, evoking hyperinflation memories that the country experienced before Government abandoned its local currency and dollarised in 2009.…

ZB draws down $120m on road rehabilitation

Natasha Chamba Listed financial services group ZB Financial Holdings has so far drawn down $120 million of the targeted $150 million resource envelop under the second phase of the Emergency…

CZI welcomes fuel rebate system

Michael Tome The rebate system that was introduced by Government to cushion businesses from the latest fuel price increases will work depending on how it is going to be structured,…

Stock Market Weekly Review

Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) closed on Monday trading in the positive despite a slowdown in business due to a three day national work stoppage.

Border revenue up 15pc

Kudakwashe Mhundwa Agro-industrial concern, Boarder Timbers says revenue for the five months to 30 November 2018 grew by 15 percent to $11 million from the previous comparable period on the…

Zimbabwe economy to grow by 4,2pc: AfDB . . . Need to overcome numerous headwinds . . . Economy performed better than expected in 2018

Kudzanai Sharara Zimbabwe’s economy will grow by 4,2 percent this year and 4,4 percent in 2020 despite facing an array of headwinds, the African Development Bank (AfDB) has said in…

Kamambo preaches sanity . . . as ZIFA suspends vice president

Chipo Sabeta ZIFA president Felton Kamambo says the suspension of vice president Gift Banda, is a loud message to the football fraternity of his new thrust to administration as he…

Medium-scale farms on the rise in Africa

Driven by population growth and growing land scarcity, most African farm households are witnessing the gradual sub-division of their land. Over time farms are getting smaller and smaller. Today, over…

Tory MP pledges second referendum amendment to May’s Brexit plan

MPs are expected to have the opportunity on January 29 to vote on whether to hold a second referendum, after a Conservative backbencher pledged to put down an amendment to…

Transition to a digital currency reserve

After spending decades as the dominant global reserve currency, the dollar’s position is being challenged.

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