Zimbabwe current account surplus to dwindle in 2023’
No new jobs for Zim’s unemployed
Global agency downgrades Zimbabwe’s growth projections
Fitch’s downgrade came at a time the local currency was depreciating rapidly against major currencies with a single United States dollar now trading for $393,85 on the official market, down from $108,66 at the beginning of the year.
Global agency downgrades Zimbabwe’s growth projections
Fitch’s downgrade came at a time the local currency was depreciating rapidly against major currencies with a single United States dollar now trading for $393,85 on the official market, down from $108,66 at the beginning of the year.
Zimbabwe deals help China tighten African lithium grip
Lithium has become a vital raw material required in the transition to a green economy. Lithium ion batteries are commonly utilised in EV manufacturing and in electric devices or solar panels to store excess solar energy.
Zimbabwe deals help China tighten African lithium grip
Lithium has become a vital raw material required in the transition to a green economy. Lithium ion batteries are commonly utilised in EV manufacturing and in electric devices or solar panels to store excess solar energy.
Global agency projects rise in Zim trade deficit
The projection for the year is after Fitch Solutions forecasted the trade deficit to reach 2,2% of GDP in 2021.
Global agency projects rise in Zim trade deficit
The projection for the year is after Fitch Solutions forecasted the trade deficit to reach 2,2% of GDP in 2021.
Economic forecast: Mixed outlook for Zim
Zimbabwean imports in 2020, this will contribute to a forecast 6,5% year-on-year rise in imports, although import growth will be capped by the ban on maize and maize meal imports (reflecting government projections that maize production in the 2021 harvest will increase to 2,8m tonnes, from 900 000 tonnes in 2020).
