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US protectionist policies set to hit Zim trade hard

The effect will be severe as the Reserve Bank of Zimbabwe takes 30% of the export proceeds from exporters.
By Ashton Ndakusiya Feb. 14, 2025

World Bank urges Zim to create disaster response fund

The bank said while Zimbabwe had a general contingency budget for unforeseen expenditures, including weather and climate shocks, this was not enough.
By Tafadzwa Mhlanga Feb. 6, 2025
Premium

Cut public sector wages, World Bank tells govt

Such leakages have led to the ballooning of the wage bill, with government using this as an excuse not to pay well its lowest-paid workers.
By Tafadzwa Mhlanga Feb. 4, 2025

World Bank reviews Zim’s growth projections

Economist Nigel Chanakira said it was unlikely for Zimbabwe to achieve the 6% gross domestic product (GDP) growth due to internal and external shocks.
By Tafadzwa Mhlanga Feb. 2, 2025

Ramifications of World Bank's sub-Saharan economic recovery report

The potential reduction in Chinese investment in Sub-Saharan Africa could further constrain infrastructural development and industrial capacity expansion.
By Lawrence Makamanzi Jan. 21, 2025

Are World Bank shareholders ‘breadcrumbing’ Africa?

It is, of course, one of those traits of partners that any therapist or self-help guide would say to stay far away from!
By David Thomas Nov. 1, 2024

Vulnerable households at risk of worsening poverty: World Bank

As the new 2024/25 agricultural season kicks off this month, the effects of the El Niño-induced drought of normal to below average rainfall is expected to impact farmers severely.
By Business Reporter Oct. 23, 2024

Private sector-led transformation in Zimbabwe: Can agriculture drive growth?

The main constraint identified is macroeconomic instability, which hampers the unlocking of private sector potential as an engine of economic growth.
By Ian Scoones Oct. 13, 2024

World Bank approves new country engagement note for Zim

World Bank country director for Zimbabwe, Nathan Belete, said sustained, inclusive and resilient growth required building on recent reforms and advances in economic policy.
By Business Reporter Oct. 11, 2024