IMF management approves second review of Zimbabwe economic reforms
The International Monetary Fund (IMF)’s management has approved the completion of the second review under Zimbabwe’s 10-month Staff-Monitored Program (SMP).
Economy
Zimbabwe fuel prices drop below US$2 as global oil falls, US-Iran tensions ease
The Zimbabwe Energy Regulatory Authority (Zera) has lowered the price of fuel to US$1.99 per litre for diesel (50) and…
Read moreNcube holds high-level talks with AIIB president as Zim advances membership bid
Finance Minister Mthuli Ncube met with Asian Infrastructure Investment Bank (AIIB) President Zou Jiayi this week to discuss economic development…
Read moreIPP plans 50 megawatt plant, signs 25-year Power Purchase Agreement
A major renewable energy project aimed at strengthening Zimbabwe's electricity supply took a significant step forward this week with the…
Read moreZim tobacco sales inch towards $1 billion
According to the Zimbabwe Tobacco Association (ZTA), so far a total 332,871,321 kg have been sold at an average US$2.50…
Read moreTSL says “well-positioned” for tobacco boom
Agricultural and logistics group TSL Limited says it has invested in "positioning and preparing" itself to leverage this year’s tobacco…
Read moreRBZ cuts policy rate
The Reserve Bank of Zimbabwe (RBZ) has reduced its benchmark policy rate from 35 percent to 30 percent, citing a…
Read moreZim central bank shrugs off US-Iran war disruptions, maintains 5pct economic growth target
The Reserve Bank of Zimbabwe (RBZ) has shrugged off disruptions by the US-Iran war, maintaining its 2026 economic growth target…
Read moreZim tobacco sales reach $814 million
Zimbabwe has so far earned around $814,96 million from tobacco sales since the start of the marketing season in March.
Read moreTobacco sales hit $800 million
Zimbabwe’s tobacco sales have reached $802,35 million, with a total 319,660,896 kg sold at an average $2.51 per kg since…
Read moreFinance ministry engages on 2027 budget strategy
The Finance ministry has begun engagements on the 2027 budget strategy while it has also called for input and proposals…
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