The International Monetary Fund (IMF) has cut Zimbabwe’s growth forecast to three percent this year, from an earlier projection of 3,5 percent.
The reduction is amid reduced agricultural and rampant power outputs.
Apparently, Zimbabwe will be an upper middle-income country by 2030” has become a slogan for government officials, including President Emmerson Mnangagwa.
However, this would need growth rates of between 8%-9% over the next seven years, according to critics.
Zwnews
Kaizer Chiefs coach Cedric Kaze has urged patience and composure after the club’s poor run… Read More
Kaizer Chiefs have suffered a major setback with two experienced players injured. Both Brandon Petersen… Read More
Premier Soccer League giants Kaizer Chiefs have reportedly set their sights on Nigeria international goalkeeper… Read More
Kaizer Chiefs’ preparations for the Soweto Derby were severely disrupted before kick-off, a reality that… Read More
Kaizer Chiefs registered a second successive victory in the CAF Confederation Cup group stages after… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through … Read More