Finance

IMF says Zim inflation, forex rate volatility abates, but rules out financial support

By Business Reporter THE International Monetary Fund (IMF) has urged the Zimbabwe to “comprehensively” deal with its central bank’s quasi-fiscal
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IMF projects Zimbabwe’s economy to grow 4.8 percent in 2023; October inflation dips

By Xinhua HARARE: Zimbabwe’s real gross domestic product is expected to grow 4.8 percent in 2023, supported by strong performance
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Zimbabwe cedes world’s highest interest rate title to Argentina

By Bloomberg News HARARE: Zimbabwe lost its unenviable position of having the world’s highest interest rate to Argentina, after slashing
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Brazilian Fernandes new World Bank country manager for Zimbabwe

By Agencies HARARE: Brazilian national Eneida Fernandes has officially begun her assignment in Zimbabwe as the new World Bank Country
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Zimbabwe seeks compensation for pensioners whose savings were wiped out by 2009 hyperinflation

By Bloomberg news Zimbabwe wants the retirement industry to help compensate pensioners who lost their savings 14 years ago following
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Stanbic Bank Zimbabwe launches China export guide for local business

By Xinhua HARARE: Stanbic Bank Zimbabwe on Friday launched an export guide for Zimbabwean exporters and business entities seeking to
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Zimbabwe seeks new IMF staff-monitored programme by April

By Reuters HARARE: Zimbabwe hopes to agree a new staff-monitored programme with the International Monetary Fund (IMF) by April 2024,
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Zimbabwe’s central bank launches new digital transacting currency

By Xinhua HARARE: Zimbabwe’s central bank introduced on Thursday a gold-backed digital token as an additional payment method for domestic
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Global ranking gives RBZ boss Mangudya lowest ‘D’ grade amid removal speculation

By Staff Reporter A GLOBAL recent ranking of central bank governors has given Zimbabwe’s John Mangudya the lowest grade amid
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BRICS’s messaging about de-dollarization could get even messier if Zimbabwe joins the group’s bank

By Agencies Zimbabwe wants to join a bank founded by the BRICS group of emerging nations — but a de-dollarization
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