Zimbabwe inflation at 3.52pct in January

HARARE, February 15 (The Source) – Zimbabwe’s annualised consumer price inflation grew to 3.52 percent in January after gaining 0.06 percentage points on the December, 2017 rate of 3.46 percent, the statistics agency Zimstat reported on Thursday.

Export incentives for miners a two-edged sword

By Mukasiri Sibanda, February 13 (The Source) – RBZ’s export incentives from 05 May 2016 to 31 December 2017 sterilised mineral royalty revenue by a discounting factor of nearly 86%. This obviously hurts the government’s desire to create fiscal space, when revenue generation is constricted… Read More

$141mln for road rehabilitation 

HARARE, February 13 (The Source) – The Zimbabwe National Roads Authority (Zinara) has budgeted $140,7 million for repairing and maintaining roads in the country this year, a Parliament portfolio committee heard on Tuesday.

Forex woes hold up Telecel Zimbabwe sale

HARARE, February 9 (The Source) – The Zimbabwe government still owes Dutch-based firm VEON (formerly Vimpelcom) $18 million for the purchase of its 60 percent stake in Telecel Zimbabwe because it is unable to raise foreign currency, a cabinet minister has said.