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Economy

Europe’s top central banker says economy holding up better than expected in face of Trump tariffs

FRANKFURT, Germany (AP) — Europe’s economy is holding up better than expected in the face of U.S. President Donald Trump’s new tariffs - in...
Economy

Billions flow out of South Africa as British giant heads for the door

South Africa recorded foreign direct investment outflows of R73.5 billion in the second quarter of 2025, compared to inflows of R11.7 billion in the...
Economy

Zimbabwe Inflation Cools Sharply as ZiG Rate Falls to 82.7% and RBZ Targets 20% by Year-End

HARARE – Zimbabwe’s official statistics show a welcome cooling in both ZiG- and US dollar-denominated inflation, signalling tentative progress toward price stability as the...
Economy

Treasury orders tough spending cuts to contain budget deficit

HARARE – Treasury has announced sweeping new measures to rein in government spending, including a freeze on recruitment, a 25 percent cut in fuel...
Economy

Zimbabwe’s Foreign-Currency Reserves Edge Toward US$1 Billion, RBZ on Course for De-dollarisation

HARARE – Zimbabwe’s foreign-currency reserves have risen to about US$900 million, bringing the country within reach of the symbolic US$1 billion mark, according to...
Economy

‘Import substitution key to de-dollarisation success’

ZIMBABWE needs to cut down its huge import bill as part of prerequisite policy interventions to lay a firm foundation for the sustainable reintroduction...
Markets

Dollarisation and the Death of Sovereign Investment: Why Zimbabwe Cannot Fund Large-Scale Projects Without Monetary Autonomy

Zimbabwe’s economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in...
Economy

Zimbabwean minister proposes 24-hour economy

Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has urged Zimbabwe to embrace a 24-hour economy, arguing that round-the-clock operations could unlock...
Economy

U.S. Bill to Scrap ZDERA Could Unlock IMF Lifeline for Zimbabwe’s Debt Crisis

A fresh move in Washington could reshape Zimbabwe’s economic future. The U.S. House of Representatives has introduced H.R. 5300, a foreign-policy package that includes...
Economy

Informal economy a risk to anti-money laundering drive

ZIMBABWE’S high levels of informalisation remain one of the biggest challenges to the country’s fight against money laundering, it has emerged. This comes as the...
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