Zimbabwe to consider scrapping import controls
HARARE – The Zimbabwe Government might consider removing import controls on some basic goods and commodities to ensure improved supply and stability of prices in the wake of widespread shortages…
Govt to boost wheat output
Kudakwashe Mhundwa HARARE – Government should work on introducing a cocktail of measures to capacitate wheat producers and boost local production.
Informal economies are diverse: South African policies need to recognise this
Mike Rogan South Africa is currently mulling over ideas and agreements that recently came out of a two-day jobs summit. The country is losing the battle against high joblessness. The…
Brent oil rises back above $80 as Iran sanctions loom
SINGAPORE – Brent crude oil prices rose back above $80 a barrel on Monday as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented next…
Rand firmer in early trade, focus on budget speech
JOHANNESBURG – South Africa’s rand firmed against the U.S. dollar in early trade on Monday, as investors awaited the new finance minister’s medium-term budget speech and consumer price inflation numbers…
Local health drug importers owe suppliers $27m
HARARE – Local drug importers said on Sunday they owe foreign suppliers $27 million due to inadequate foreign currency allocations from the Reserve Bank of Zimbabwe, which was risking drug…
Blanket Mine Q3 output up 10pc
Tawanda Musarurwa HARARE – Gwanda-based gold producer Blanket Gold Mine’s production in the third quarter to September 30, 2018 stood at 13 978 ounces of, which was 10 percent above production…
Why the World Bank’s optimism about global poverty misses the point
Alf Gunvald Nilsen The World Bank’s latest annual report on poverty and shared prosperity has an unsurprisingly positive message that only 10% of the world’s population lived in extreme poverty…
China economic growth weakest since 2009, government moves to lift confidence
BEIJING – China’s economic growth cooled to its weakest pace since the global financial crisis in the third quarter, with regulators pledging further policy support as a years-long campaign to…
Sub-Saharan Africa’s big economies yet to recover
JOHANNESBURG – Sub-Saharan Africa’s economic recovery will progress slowly into next year, as the continent’s biggest drivers struggle to move into higher gear despite a healthier global economy, a Reuters…











