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Economy
Zim records budget surplus
Finance minister, Tendai Biti says the country recorded a budget surplus of $30 million for 2011 attributed to increased revenue inflows.
Zim turns to IMF funds to ease liquidity crunch
Zim turns to IMF funds to ease liquidity crunch_Zimbabwe is set to withdraw $110 million from the Zimbabwe General SDR Allocation at International Monetary Fund to ease t...
NSSA suspends pension increases
The National Social Security Authority (NSSA) has announced suspension of its proposed increase on pension benefits and contributions effect January, 2012.
IMF ‘looks to grow funds by $1 trillion’
The International Monetary Fund (IMF) is proposing a $1 trillion (R8 trillion) expansion of its lending resources to insulate the global economy against any worsening of ...
Zimbabwe inflation rises to 4.9%
Inflation in Zimbabwe rose to 4.9% in December, from 4.2% in November, spurred by the increased cost of food, transport and education, the government said Monday.
CZI objects to new power tariff hike
Business lobby group, Confederation of Zimbabwe Industries has objected to a planned electricity tariff increase by Zesa to companies with existing supply contracts.
Zim faces challenges in achieving 9,4% growth
Zimbabwe can only achieve the projected 9, 4 % economic growth rate if it creates a stable political and economic environment, the African Development Bank (AfDB) said in...
Zimra imposes duty on clothes
The Zimbabwe Revenue Authority (Zimra) announced the suspension of duty rebate on clothing imports with effect from the 1st of January next year.
AfDB mulls lifeline for African firms
The African Development Bank (AfDB) is looking into ways of providing trade finance to firms doing business with Europe, where an interbank credit squeeze has driven up t...
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