In a developing that is pointing to weakening inflation in the country, latest official figures show that Zimbabwe’s month-on-month inflation rate for December 2019 stood at 16.55 percent shedding 0.91 percentage points on the November 2019 rate of 17.46 percent. According to the Zimbabwe National Statistical Agency (ZIMSTATS), this development “means that prices as measured…
By Wisdom Mumera Harare, Zimbabwe – The scarcity of employment and poor investment in the country are the direct results of high levels of corruption, according to ZANU PF MP Daniel Shumba who was speaking at a Transparency International event in Harare on Wednesday. Shumba, who was once a shareholder in Econet Wireless and founding…
By Byron Mutingwende Results from the 2016 Corruption Perception Index (CPI) placed Zimbabwe among the countries that scored below 50, on a scale from 0 (perceived to be highly corrupt) to 100 (perceived to be very clean), exposing the predominance of massive and pervasive public sector corruption. This year, Zimbabwe moved one step…
