FINANCE-ZIMBABWE: WITH INVESTMENT AT A TRICKLE, JOBS DRY UPIgnatius Banda
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Ncube confirmed media reports he would look into removing the quasi currency bond note in a package of currency reforms due to be announced at the end of September, and said he eventually wanted to bring back Zimbabwe’s own currency. The southern African nation dumped its currency in ...
Here’s where you come in: As theFinance Director for World Vision Central African Republic, you will provide overall leadership, oversight, and management support for all aspects of financial management in CAR. This position is seen as a strategic partner; member of the Senior Management/Leadersh...
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Harare - Zimbabwe's new finance minister said on Monday he would accelerate plans to pay arrears to the World Bank and the African Development Bank and would work on a three-year programme to cut government spending. Mthuli Ncube did not spell out how he
In May, the Zimbabwean government forecasted that staple maize production will drop 72% in the 2023/24 season. Ncube said the drought had affected agriculture output and the country expects to import 1.4 million metric tonnes of grain.
Zimbabwe in the past was subject to huge inflation; any cash transaction literally took boxes of currency to complete. Estimates vary, but at one point the inflation rate was 2,600% per month, which translated to an annual inflation rate of about 231 million % per year. The cause of this...
Many of the world's richest countries are also the world's smallest: the pandemic and barely made a dent in their huge wealth.
4. To further consolidate gains made in reducing inflation from a peak rate of 875% in July 2020 to less than 55% currently, recognising the cyclical nature of annual price hikes whenever we approach the payment dates for Civil servants’ bonuses, the Government of Zimbabwe decided...