Friday, May 27, 2022

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IMF Cuts Zambia GDP Growth, Sees Inflation Above 10 Percent

LUSAKA -The International Monetary Fund has projected that Zambia’s economic growth will fall to 2,9 percent next year from the 3,1 targeted for this year. In its annual...

EXCLUSIVE: Zimbabwe’s mines, downstream industries suffer US$4 billion write-downs to rolling blackouts

HARARE - Prolonged blackouts are wiping at least US$4 billion out of Zimbabwe’s key mining industry annually, adding misery to a country already battling extensive...

Zim Economy Shrinks as Projected Revenues Tumble

HARARE–Zimbabwe’s national revenue collections will contract by 64 percent in 2019 in response to policy and currency interventions made by Finance Minister Mthuli Ncube...

BREAKING: Heroes Acre Burial for Mugabe

HARARE - The late former Zimbabwe President Robert Mugabe will be buried at the national heroes acre on a date to be announced. This was said...

The Three Narratives That Are Holding Africa’s Accelerated Economic Development Hostage

HARARE - Most, if not all efforts at stimulating the accelerated economic development of Africa hinge on the narrative of an Africa making rapid progress on...