Zimbabwe Economy News - Latest Updates & Headlines
Zimbabwe to maintain tight monetary policy stance to boost economic growth
Harare, Feb 7: Zimbabwe's central bank has vowed to maintain a tight monetary policy stance to boost economic growth in 2025.
Formal retailers in Zimbabwe struggle as consumers migrate to informal shops
Harare, Feb 3: Formal retailers and wholesalers in Zimbabwe are experiencing a decline in customer traffic as consumers increasingly prefer informal shops, which offer more affordable and convenient shopping options.
World Bank warns Zimbabwe on climate-induced economic losses
Harare, Feb 1: The World Bank (WB) has warned that climate change could erode up to 12 per cent of Zimbabwe's gross domestic product (GDP) annually if the country does not implement robust measures to tackle the phenomenon.
Zimbabwe's economic outlook positive in 2025, says World Bank
Harare, Jan 31: Zimbabwe's economic outlook is positive, with growth expected to increase to six per cent in 2025, up from two per cent last year on the back of an anticipated recovery in agriculture and robust growth in industry and services, the World Bank (WB) said Friday.