Great news for ordinary Zimbabweans. The central bank has announced that it will now allow individuals to be able to purchase small amounts of forex from bureaux de change at the auction rate. These news comes after the nation received close to a million dollars from the IMF. Up to now this privilege was only… Continue reading Breaking: Ordinary Zimbabweans can now buy Forex at Bank Rate, RBZ Announces
Tag: IMF
Zimbabwe’s economic to grow by more than we previously reported: IMF
Good news pertaining to the nation of Zimbabwe seems to be coming from all angles. Recently, the International Monetary Fund (IMF) also shared some positive news about Zimbabwe’s economy. Zimbabwe recorded a bumper harvest this year as a result of good rains. The President made an announcement that this year’s harvest exceeded all others. As… Continue reading Zimbabwe’s economic to grow by more than we previously reported: IMF
Zimbabwe’s Economy is Shrinking says IMF
Contrary to Zimbabwe’s Ministry of Finance estimates of economic growth in 2019, the International Monetary Fund (IMF) has just released its projected figures on Zimbabwe and they are not looking good. The IMF says Zimbabwe will register a negative economic growth of -5.2% in 2019, that means Zimbabwe is officially in a recession, for the… Continue reading Zimbabwe’s Economy is Shrinking says IMF