News
DZL hails sustained economic resilience as volumes growth surge to 26%
9+ hour, 28+ min ago (283+ words) LISTED milk processor, Dairibord Zimbabwe Limited (DZL) has commended the obtaining sustained economic resilience for contributing immensely towards sales volumes growth which surged to 26% in the reporting period. Presenting a Trading Update for the period ended March 31, 2026, DZL company secretary,…...
Zimbabwe's inflation hits 2, 8% as Middle East conflict pushes up costs
2+ week, 4+ day ago (345+ words) Zimbabwe's year-on-year inflation rate for April 2026 rose to 2. 8%, largely driven by rising import costs linked to ongoing Middle East tensions, which have unsettled global markets. The conflict, particularly concerns around Iran and the potential closure of the Strait of Hormuz,…...
Zimbabwe's currency deeply undervalued - says Central Bank governor
3+ week, 4+ day ago (442+ words) Zimbabwe's central bank governor says the'country's currency'is significantly undervalued, arguing that its true value is closer to half its current market price when measured against foreign reserves and gold backing. "If we wanted to buy back all the local currency…...
Zimbabwe's inflation outlook remains uncertain - CZI says
1+ mon, 2+ day ago (353+ words) THE country's inflation outlook remains uncertain due to conflicts in the Middle East, the Confederation of Zimbabwe Industries (CZI) latest update has reported. According to the Zimbabwe National Statistics Agency (Zimstat), Zi G year-on-year inflation increased by 0. 6 percentage points, rising…...
What really pushed Zimbabwe's inflation down to a single-digit?
3+ mon, 2+ week ago (423+ words) Zimbabwe's annual inflation rate has fallen to 4. 1%, marking the first time the country has recorded single-digit inflation since 1997. Authorities have described the development as historic, but behind the headline figure is a combination of tighter policies, short-term stabilisers and firm…...
Inflation tumbles to 4. 1% as Zimbabwe records single-digit rate for first time since late 1990s
3+ mon, 2+ week ago (289+ words) THE country's annual inflation rates tumbled to 4, 1%, a first since the late 1990s, the Zimbabwe National Statistics Agency (Zimstat) reported Monday. The stats agency data for January 2026 shows that the ZWG year-on-year inflation rate (for January 2026 as measured by the all-items…...
World Bank revises Zimbabwe's 2026 growth forecast to 5%
3+ mon, 3+ week ago (383+ words) The World Bank has updated its economic growth forecast for Zimbabwe, predicting a 5% expansion for the country in 2026, an increase from its earlier estimate of 4. 6%. According to the latest Global Economic Prospects report, released in January 2026, Zimbabwe's GDP growth for…...
Industry lobby group projects stable ZWG inflation rates in the year ahead
4+ mon, 1+ week ago (262+ words) THE Confederation of Zimbabwe Industries (CZI) has projected stable ZWG inflation rates in the year ahead owing to the tight policy measures currently in force. Since the inception of the ZWG currency in April 2024, the Reserve Bank of Zimbabwe (RBZ)…...
Zimbabwe's economy grows by 9. 64 pct in third quarter of 2025
4+ mon, 3+ week ago (199+ words) Xinhua Zimbabwe's economy grew by 9. 64 percent year on year in the third quarter of 2025, up from 2. 28 percent recorded in the same period last year, the National Statistics Agency (ZIMSTAT) said. .. Zimbabwe's economy grows by 9. 64 pct in third quarter of 2025 Zimbabwe's…...
Zimbabwe raises 2025 growth projection to 6. 6 %
7+ mon, 3+ week ago (183+ words) ZIMBABWE Finance Minister Mthuli Ncube on Friday raised the country's growth projection to 6. 6 percent this year, up from the initial forecast of 6 percent, owing to a larger tobacco output and surging global gold prices. "The higher projection is on account…...