Zimbabwe Economic Review @ZimbabweReview
Energy | Infrastructure Development | Agriculture | Gvt Policies | General Economy Zimbabwe Joined August 2021-
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People work tirelessly to become your councillors. They hold meetings, are vocal on social media, and make promises in exchange for your vote, which you then give them. But, once elected, what role do these people play?
CEO of Confederation of Zimbabwe Industries @sekaikuvarika Spoke on industry preparedness for #AfCFTA @classic263 @czionline @CTCZimbabwe @ZimTradeAlerts @Min_of_IC
50% of large firms are not ready to compete in the #AfCFTA .. please note taking into account as sub sector @classic263 @Min_of_IC @czionline @CTCZimbabwe @ZimTradeAlerts
It’s finally here. Shops, vendors and public transporters were struggling with change for their customers. Introduction of ZiG notes and coins will go a long way in addressing the change challenge.
Today Power generation statistics. Kariba is today generating twice as much as it did yesterday. 💠Hwange: 989Mw 💠Kariba: 522 Mw 💠IPPS: 44 Mw 💠Total: 1 555 Mw Zimbabwe, peak demand is 1800mw.
Today Power generation statistics. Kariba is today generating twice as much as it did yesterday. 💠Hwange: 989Mw 💠Kariba: 522 Mw 💠IPPS: 44 Mw 💠Total: 1 555 Mw Zimbabwe, peak demand is 1800mw. https://t.co/d42OvUZExw
Attending Confederation of Zimbabwe Industries,Competition &Tariff Commission workshop on the African Continental Free Trade Area ( #AfCFTA )Agreement Tariff Offer. Preparing for it, are we ready, tariff order in Industry and more. @classic263 @czionline @CTCZimbabwe @Min_of_IC
Zimbabwe Top 10 Imports for March 2024. 🟢Mineral fuels & mineral oil products: 21.4%, 🟢Mineral fuels & mineral oil products: 21.4%, 🟢Machinery & Mechanical Appliances: 13.0%, 🟢Cereals: 8.6%, 🟢Vehicles: 8.1%.
Kuvimba Mining House CEO is set to join Mutapa Investment Fund. Kuvimba Mining House CEO, Simba Chinyemba, is moving on to new horizons. He's set to join Mutapa Investment Fund as Chief Investment Officer, bringing his expertise to state-owned enterprises. #Mining…
RBZ MONETARY POLICY COMMITTEE RESOLUTIONS- 26.04.24
Gold tops as major export commodity in March. Among the top ten products exported in March 2024 were 🔴Semi-manufactured gold (23.6%), 🔴Nickel mattes (16.1%) and 🔴Tobacco (12.3%)
SA, China, Bahamas & Mozambique are major Zim import source -Mar 2024 imports value = USD719M -Feb 2024 imports value=USD725M Among the major source countries for imports in March 2024 were: 🟤South Africa (38.5%), 🟤China (15.1%), 🟤Bahamas (9.4%) and 🟤Mozambique…
SA, UAE and China remains Zim major export destinations. Mar’ 2024 exports value = USD 534.7million Feb’ 2024 exports value= USD644.0 million Among the country’s major export destinations in March 2024 were 🟣South Africa (34.6%), 🟣United Arab Emirates (34.3%) and…
Zimbabwe inflation rate at 57.5% 🟢Month-on-Month inflation rate The month-on-month inflation rate for April 2024, was 2.9%, shedding 2.0 percentage points on the March 2024 rate of 4.9%. 🟢 Year-on-Year Inflation Rate: The year-on-year inflation rate for the month of…
External Trade Statistics: March 2024. 🟣Exports The total value of exported goods in March 2024 was US$534.7 million, representing a 17.1% decrease from US$645.0 million reported in February 2024. 🟣Imports Imports for March 2024 amounted to US$719.0 million, a decrease of…
USD inflation rate‼️ Month-on-Month inflation rate Year-on-Year Inflation Rate. 🔵The year-on-year inflation rate for the month of April 2024, as measured by the all-items Consumer Price Index (CPI), was 3.2%. 🔵The month-on-month inflation rate for April 2024, was 0.8%,…
ZiG Consumer Price Index The ZiG Consumer Price Index in April 2024 was 100.00. In April 2024, Zimbabwe introduced the Zimbabwe Gold (ZiG) currency. Therefore, the index reference for the Consumer Price Index for the ZiG currency is April 2024. This means during the month of…
Today Power generation statistics 🔵Hwange: 989Mw 🔵Kariba: 250 Mw 🔵IPPs: 44Mw 🔵Total: 1 283 Mw Kariba is generating below its installed capacity of 1 050Mw due to limited water at Kariba. @AuthorityRiver limited water available for power generation to 250mw.
𝑲𝒖𝒅𝒛𝒂�.. @KMutisi
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9K Followers 3K Following Economist. Energy Expert. Columnist. PhD Candidate. World Traveler. Adventurer. Child of God. Lover of life.@ZimbabweReview Bahamas has refining and storage capacity for fuel.
@ZimbabweReview Bahamas? I guess it's that case where the domicile doesn't mean the actual physical producer/host of the goods of trade
@ZimbabweReview Thanks for the Stats, you've earned my following. This is a good start and it makes us believe in our own.
The implementation of innovation hubs by the Second Republic is yielding positive results, as evidenced by the University of Zim's production of cooking oil using local resources to fulfill the local market's needs. Vision 2030 is becoming a tangible reality. @ZimbabweReview
@ZimbabweReview They should be getting into the electricity and cement supply businesses… grow the company by developing the country
Good stats to start the year. Strong currencies encourage imports & discourage exports. Soft but stable currencies encourage exports & discourage imports!
Zimbabwe in big export story… Feb exports in numbers. Exports increased by 37% to US$1.18 b between Jan & Feb 2024. 🔵Imports rose by 12% to US$1.41 b during the same period. 🔵Trade deficit reduced to US$234 million from US$392 million in 2023. 🔵Exports to South Africa…
Tinotenda 👏🏾👏🏾👏🏾🙏
Zimbabwe in big export story… Feb exports in numbers. Exports increased by 37% to US$1.18 b between Jan & Feb 2024. 🔵Imports rose by 12% to US$1.41 b during the same period. 🔵Trade deficit reduced to US$234 million from US$392 million in 2023. 🔵Exports to South Africa…
Zimbabwe 🇿🇼 has turned the Investments Corner with massive mining investments flowing into the country. The ZIG$Dollar will further improve the attractiveness of Zimbabwe as an investment destination !!!!
President Emmerson Mnangagwa has officially launched Phase One of Kamativi Mining Company's 2.3 MT spodumene mining and processing project. #KamativiMining #PhaseOne #SpodumeneMining
@ZimbabweReview Banks should be making money out of tobacco but alas, they concrete on charges on our merger pensions
WHEN TOBACCO WEIGHS IN WITH SUCH GOOD PRICES AND SALES, ZiG can only smile as a dashing, sprite currency kid!!!!!!
Tobacco Sales Boom… Auction Day 13, tobacco sales in numbers. 🔵Day 13 Earnings surged from US$59M to US$103M (75% increase) 🔵Price ceiling broke: highest price reached US$5.05/kg 🔵Total earnings: US$102,825,051 vs US$58,734,890 last year 🔵Volume increase: 19,531,242 to…
@ZimbabweReview @edmnangagwa @RBaleni project yenyu munenge muriko here?
@ZimbabweReview @edmnangagwa Good news!
@ZimbabweReview @edmnangagwa We shall be in the constituency of Hon. Shacky Timburwa.
#Zimbabwe #currencies #ZiG #ZWL
Shops should still accept old ZWL notes: @ReserveBankZIM The transacting public has a transitional period of up to 21 days to convert their Zimdollar notes to ZiG, in line with Statutory Instrument 60 of 2024. “Accordingly, the Zimbabwe dollar notes will continue to be used…
How did we get ZiG exchange rage? See below the ZWL to ZiG Conversion Sheet. 🔵USD/Zig exchange rate : 1 USD = 13.57 ZiG. 🔵ZWL/ZiG exchange rate: 1 ZiG= ZWL 2 498.65.
@ZimbabweReview Hopefully this account will keep pushing for regular updates like it always did. One of the only authentic accounts
@ZimbabweReview It was a great honor to have these fruitful interactions 😍🙏😍🙏
@ZimbabweReview Congratulations to H.E. President @edmnangagwa and 2nd Republic government who has just been affirmed by Mukuyu1 site gas and oil findings that indeed hard work pays . I do hope our ccc neighbors will also congratulate us on our yet another victory.#EDWorks. Nda!
@ZimbabweReview Indeed. Though this will not be a favourite tax (including to me as an individual) as we now were used to establishing a Head Office outside Zim then have a subsidiary operate in Zim, avoiding all taxes thru transfer pricing, base erosion/profit shifting, "faux licensing" etc.