Zim at risk of falling into permanent debt trap

The external PPG debt comprises bilateral debt (US$6 billion), multilateral debt (US$3.1 billion), and Reserve Bank of Zimbabwe (RBZ) debt (US$3.6 billion).
By Zimcodd 13h ago

Economic instability to remain in 2024: Zimcodd

Zimcodd said subdued economic activity caused operational and production costs to become erratic, disrupting business predictability especially in the first half of 2023.
By Tafadzwa Mhlanga Dec. 22, 2023

Unite against corruption: Watchdogs

The Zimbabwe Coalition on Debt and Development (Zimcodd) expressed concern over rising corruption cases plaguing the country.
By Priviledge Gumbodete Dec. 12, 2023

Govt crippling councils: Zimcodd

The analysis noted that some local authorities did not use devolution funds allocated from central government.
By Silas Nkala Dec. 11, 2023

‘Budget entrenches inequalities’

Finance minister Mthuli Ncube last week presented a ZWL$58,2 trillion 2024 national budget, projecting a domestic economic growth of 3,5% next year.
By Priveledge Gumbodete Dec. 5, 2023

The effects of odious debt on marginalised groups in Zim

As a result of excess debt, the government may have to divert resources from social programmes and public services that benefit these groups.
By Yollander Millin Nov. 17, 2023

Consumers demand increased social spending in 2024 budget

This has prompted experts to warn that this would affect social spending as has been the case in the past.
By Tatira Zwinoira Nov. 13, 2023

National Development Strategy 1 has failed: Zimcodd

In October 2020, the government, through the Finance and Economic Development ministry, launched NDS1.
By Mthandazo Nyoni Oct. 17, 2023

Will gold tokenisation work?

According to the central bank, the tokens are fully backed by physical gold held in its vaults.
By Zvikomborero Sibanda Oct. 13, 2023