Zimbabwe is targeting a record 50 tonnes of gold this year up from 35.38 tonnes achieved last year as government seek to prop up output from the artisanal miners who have overtaken large gold producers contribution in recent years. Last year artisanal miners produced 18 tonnes
The International Monetary Fund slashes Zimbabwe’s GDP growth by half a percentage point to 3 percent
Opposition MDC Alliance has expressed fear that the US$961 Million International Monetary Fund (IMF) allocated Special Drawing Rights (SDR) might be diverted for the 2023 general elections by the Zanu PF led Government. In a statement, the party’s national spokesperson Advocate Fadzayi Mahere said history has
When Finance and Economic Development Minister, Mthuli Ncube takes his stand in Parliament next Thursday to deliver the mid-term budget review, a lot would be at stake to rescue the economy from its multi-faceted confrontations. The full impact of the Covid-19 on the economy is yet
The International Money Fund (IMF) anticipates yet another tough year for Zimbabwe's struggling economy with its growth projections for 2020 fixed in the region of zero percent in the wake of climatic shocks and mounting headwinds in the economy. In its 2020 Article IV Consultation with
Chief Chipuriro of Guruve has blamed social and moral decadence which has become a thing of the days in his area on the worsening economic situation which he said is forcing people into indulging in immoral behaviour. The tongue lashing traditional leader said most young girls
Each year, more than 20 000 students graduate from various tertiary education institutions with a vast majority ending up being employed in the informal sector.
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