Wednesday, October 16, 2019

General News

Zim economy to contract by 7pc: IMF

Ndaka Majaka ZIMBABWE’S economy is expected to contract by 7.1 percent, latest data from the International Monetary Fund (IMF) shows. This is the country’s first Gross Domestic Product (GDP) contraction since 2008 when the country was ravaged by hyper-inflation. This projection is 0.6 percentage points higher than the 6,5 percent economic contraction forecast two weeks […]