The current economic situation in Zimbabwe was caused by a number of factors, including legitimate attempts to redress historical imbalances in the ownership of land. Land is part of the natural resources of a country and without sustainable management and use of natural resources, a country may ...
Yang said instability, uncertainty and insecurity are prominent in the current international situation. China recently held the High-Level Dialogue on Global Development in the form of BRICS Plus, sending a positive signal of emerging markets and developing countries in promoting global development and ...
On top of environmental factors, this is mainly due to the current economic crisis including hyperinflation, shortage of currency, fuel and prolonged power shortages; widespread poverty; high levels of HIV/AIDS; and low agricultural output as drivers of the crisis. “Millions of Zimbabweans are...
While the economy was already beset with its own challenges that include an insufficient foreign currency, which has led to the sharp depreciation of the Zimbabwean dollar in recent months, the Russia-Ukraine conflict has also worsened the country's economic situation through increased food and fuel...
current situation", said Abdoulaye Bio-Thiane, IMF director for Africa. South Africa which hosts more than three million Zimbabwean economic refugees is mediating in dialogue between Harare and opposition officials. But sources close to the talks said nothing much should be expected to ...
“There are many challenges with the current hype about energy transition. It is not about us,” said Farai Maguwu, the founding director of the Centre for Natural Resource Governance (CNRG), an organization working on improved management of Zimbabwe’s natural wealth. While the mine ...
We, the undersigned Zimbabwe Civil Society Organizations and Heads of Civil Society Organizations and Networks, wish to express our grave concern over current efforts at fast tracking the passing of the Private Voluntary Organizations Amendment Bill,2024. The Bill in its current state, is not fully...
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. Key Market Indicators The following Key Market Indicators give an overview of the social and econ...
The challenging global crisis of the Russia-Ukraine conflict is "in addition to our own historical challenges of sustained periods of economic imbalances, in particular, the twin deficits of the fiscal and current account," Ncube said. Rising energy and wheat prices on the international market had...
Let us not forget that, the current excitement over a marked increase in local products on our markets is predominantly premised on COVID-19 restrictions that affected both cross-border travel (whereby, informal and formal traders would bring in mostly finished goods from neighboring cou...