Harare, (New Ziana) – Zimbabwe made token payments of US$20.39 million to some of its debtors last year but failed to pay others owing to the outbreak of the Covid-19 pandemic which limited its capacity, the country’s debt office said on Tuesday. The country’s total debt stood at US$10.7 billion at the end of December […]
Harare, (New Ziana) – An average Zimbabwean required at least $5 975 to meet basic cost of living needs in June, 2021, an increase of 3.5 percent from the previous month, the Zimbabwe National Statistics Agency (Zimstat) said on Monday. In May, the same individual required at least $5 771 for both food and other […]
Harare, (New Ziana) – Zimbabwe’s annual inflation eased to 106.6 percent in June, slowly moving towards the government’s target of inflation of below 20 percent by year end, data released by the Zimbabwe National Statistics Agency (Zimstat) on Monday showed. In May, the country’s annual inflation stood at 161.9 percent. Month-on-month inflation was however up […]
Harare, (New Ziana) – Diversified agro-industrial firm, TSL Limited saw its revenues for the half-year ended April 2021 jump 33 percent to $1.5 billion compared to the same period last year driven by agriculture input sales. Despite other segments of its business having been hit by the ravaging Covid-19 pandemic, the group posted a net […]