Is Future For Zimbabweans All Doom And Gloom?

As most companies in Zimbabwe depend on foreign currency to purchase raw materials from outside the country, the disappearance of American dollars from the market could bring their businesses to a standstill. Some say the introduced local bond notes are a ticking time bomb that'll take Zimbabweans back to 2008 when supermarket shelves went empty.

  • Zimbabwe:   Forex Shortages Threaten Exports

    Zimbabwe Standard, 12 March 2017

    EXPORTS are under threat in Zimbabwe due to foreign currency shortages which have persisted since last year. Read more »

  • Zimbabwe:   Reconsider Policy On Bond Notes

    Financial Gazette, 2 March 2017

    PRESIDENT Robert Mugabe last week made a rare admission that he had lost confidence in the country's banking sector and that he kept cash at home. Read more »

  • Zimbabwe:   Five Firms Apply for Liquidation

    Zimbabwe Independent, 3 March 2017

    AT least six companies from various sectors of the economy applied for either liquidation or judicial management in January this year, businessdigest has learnt. Read more »

  • Zimbabwe:   'Brace for More Price Hikes'

    Zimbabwe Independent, 3 March 2017

    Zimbabweans should brace for more price increases this year as manufacturing sector output remains depressed while exports sag, analysts say. Read more »

  • Zimbabwe:   Zim Company Earnings Decline

    Zimbabwe Independent, 3 March 2017

    Judging by the few financial results of Zimbabwe Stock Exchange-listed companies that have come to the market so far, the country's business environment remains subdued with… Read more »

InFocus

Empty store shelves in 2008 (file photo).

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