Archive | Economy

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Delta facing foreign payments challenges

Delta Corporation, which vies with Econet Wireless Zimbabwe Ltd. as Zimbabwe’s biggest company by market capitalization, is facing “challenges” paying international creditors and shareholders as the southern African country grapples […]

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Miner dies at platinum mine

A MINEWORKER died on Monday at one of the country’s platinum mines in Zvishavane, the company announced as government continues to raise the red flag on occupational safety and health. […]

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ZSE bloodbath continues

THE Zimbabwe Stock Exchange bloodbath has continued unabated after turnover plunged to US$8 million in November from a record six-year low of US$12 million recorded in prior month as poor […]

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ZSE turnover down 28% month-on-month

ZIMBABWE Stock Exchange turnover for the month of October dropped to US$12,8 million from US$17,9 million recorded in the previous month on declining foreign participation, official figures have shown. (more…)

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Zimbabwe economy to record 2,7% growth in FY16:IMF

THE International Monetary Fund (IMF) sees Zimbabwe’s economy registering a modest growth of 2,7% from a forecast of 1,5% this year, discounting fears of a recession triggered by weakening commodities […]

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