Tag: Inflation
Cottco expects 27% reduced cotton intake to 85 000t
HARARE – Cottco Holdings says it expects reduced intake in the current season due to the late onset of the rains and the erratic...
Comesa annual inflation falls to 129.8% in June
The year-on-year inflation rate for the COMESA region dropped from 131. ivermectin topical dosage rosacea 1% in May 2021 to 129.8% in June mainly...
Annual inflation to fall to 55% by July: RBZ
HARARE - The Reserve Bank of Zimbabwe expects inflation to go down below 55% by July 2021 in line with its current declining trend.
In...
US$ COVID-19 allowance and 50% salary review for civil servants
Farai Mabeza
Government has announced a 50 percent salary review for all civil servants and an interim US$75 allowance to cushion its employees against the...
RBZ says on-course to stabilising exchange rate but de-dollarisation is a...
Highlights
Total money supply in the economy as at December 2019 stood at $34.5 billion. Of that $22 billion (64%) is in local currency and...
Implied annual inflation passes 300% as m-o-m inflation slows to 17.7%
HARARE – Month on month inflation continued its gradual deceleration in September, falling to 17.7% from 18.07% reported at the close of August. Meanwhile...
