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Economy

Zimbabwe Set for Full Local Currency Transition by 2030 — Central Bank

HARARE – The Reserve Bank of Zimbabwe (RBZ) says current macroeconomic fundamentals — including low inflation, exchange rate stability, and rising foreign currency reserves...
Economy

Why America’s New Tariffs on China Will Backfire — and Accelerate the Decline of U.S. Economic Leverage

When U.S. President Donald Trump announced plans to impose 100% tariffs on Chinese imports following Beijing’s new export controls on rare earth minerals, it...
Economy

Zimbabwe Achieves First Trade Surplus in Years as Exports Outpace Imports

HARARE – Zimbabwe recorded a historic trade surplus of US$7 million in August 2025, marking its first positive trade balance in several years, according...
Banking

Zimbabwe Central Bank Reviews Transaction Costs to Encourage Wider Use of Local Currency

HARARE – The Reserve Bank of Zimbabwe (RBZ) is undertaking a comprehensive review of transaction costs and digital payment infrastructure as part of ongoing...
Economy

Government Keeps Spending Within Budget Despite Modest Revenue Shortfall

HARARE - The Government of Zimbabwe has maintained firm control over public spending in the first half of 2025, keeping expenditures within approved budget...
Economy

IMF chief warns of economic uncertainty and offers this advice: ‘Buckle up’

WASHINGTON — The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of...
Economy

Zimbabwe’s 2026 Budget consultations begin

Public consultations for the 2026 National Budget have officially started, with legislators from the Portfolio Committee on Budget, Finance, Economic Development and Investment Promotion...
Economy

Zimbabwe’s economy on the rebound

Zimbabwe’s economy is expected to grow by 6 percent this year, buoyed by a strong agricultural season, record-high gold prices and sustained remittance inflows,...
Economy

‘Zimbabwe does not need anti-developmental IMF’

HARARE - Zimbabwean political activist Rutendo Matinyarare has asserted that Zimbabwe has successfully built a "transformed economy" without reliance on the International Monetary Fund...
Economy

The Changing Zimbabwean Economy

I have often told foreign diplomats who are assigned to serve their countries in Zimbabwe and to visiting specialists, that we specialise in confusing...
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