Tag: Zimbabwe
Shelter Afrique approves US$20m for housing finance
Farai Mabeza
PAN-AFRICAN housing finance institution, Shelter Afrique, approved a total of US$20m for Zimbabwean housing finance providers during the year, managing director Andrew Chimphondah...
Pep exits Zimbabwe
Staff Writer
South Africa's Pepkor Holdings which operates Pep stores has announced its intention to exit the Zimbabwean market due to economic challenges that have...
A look into Conservation Agriculture and China’s model
Farai Mabeza
CONSERVATION agriculture is built on three principles – minimum soil disturbance, permanent soil cover and crop rotation – that are known to reduce...
Bread production capacity now below 50% as flour supply constraints remain
FARAI MABEZA
HARARE – Bread production capacity has dropped to below 50 percent over the last months due to erratic wheat and flour supplies.
This has...
De-dollarisation is possible; but authorities must first have control of domestic...
Chris Chenga
The following are pondering notes on what risks and considerations should guide the continued easing in of a local currency
HARARE – (FinX) – The...
Zimbos lived on US$0.96/day in Sept, below World Bank’s standard
HARARE – Latest data from Zimstat shows that the average Zimbabwean lived on US96 cents a day or ZWL$14.60 in September up 18.18% from...
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...
Zim’s GDP to contract by 12.9% in 2020, warned of disastrous...
Almot Maqolo
HARARE – Zimbabwe’s GDP will contract by 12.9% in 2020 as drought continues to weigh on agricultural output and energy production from hydropower and...