Lockdown: Price freeze is good but not sustainable: experts

By Staff Writer Zimbabwe’s fast-moving consumer goods could soon vanish from supermarket shelves as the manufacturing sector struggles to stimulate production during the ongoing lockdown which seeks to slow the spread of COVID-19, analysts have warned. The southern African country’s rate of inflation has over the past few months been rapidly rising, pushing the breadbasket …

The post Lockdown: Price freeze is good but not sustainable: experts appeared first on Open Parly.

Read more
COVID-19: Zim to record double digit GDP contraction

By Staff Writer Imara Capital, one of the country’s leading investment firms has advised President Emmerson Mnangagwa’s administration to push for political negotiations with Nelson Chamisa, as well as to adopt sound economic reforms after warning that the country’s economy could this year shrink by double-digit figures. Zimbabwe and the world are currently battling the …

The post COVID-19: Zim to record double digit GDP contraction appeared first on Open Parly.

Read more