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Zimbabwe Central Bank Eyes US$1 Billion Reserves as Confidence in ZiG Strengthens

HARARE – The Reserve Bank of Zimbabwe (RBZ) has projected that the country’s foreign currency reserves will exceed US$1 billion by the end of...

World Bank Flags Zimbabwe’s Mounting Debt Crisis, Warns of Fragile Recovery

Zimbabwe’s economy remains in a state of debt distress, with public borrowing now at unsustainable levels that are severely restricting access to international financing,...

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...

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...

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...

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...

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...

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...

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...

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,...

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