Economy

Economy

Mthuli’s desperate optimism sees growth in crisis-ridden economy

Zimbabwe’s Finance Minister Mthuli Ncube delivered an optimistic 2021 $426 billion worth national budget. The upcoming year’s budget under the theme: Building Resilience and Sustainable Economic Recovery, is meant to be a gateway for an economic revival in the struggling country.  The budget allocated a sizable proportion of the funds towards […]

Economy

Mbanje to overtake tobacco as Zimbabwe’s cash crop

Zimbabwe’s earnings from cannabis exports could outstrip those of tobacco by almost three times, according to local officials, reports Bloomberg. Last year, the southern African nation legalized cultivation of cannabis for medicinal use. Since announcing rules for growing cannabis in September, the government has issued 44 licenses Treasury spokesman Clive Mphambela […]