International Trade in Zimbabwe

International Trade in Zimbabwe

After ten years of an economic decline, when the country's economy shrank more than 50% in between 1998 and 2008 (due to poor economic management, an unorganized program of agrarian reforms and the withdrawal its financial aid sponsors), the country's growth became positive in 2009. When... Read more

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Market Analyses About Zimbabwe (21)

Import and Export Services in Zimbabwe (51)

  • Regutrade

    Regutrade

    Trade Finance, Zimbabwe

    Do you have a new opportunity that requires a letter of credit or a guarantee? Look no further, ReguTrade will provide you with an...
  • Torque Of Transformation

    Torque Of Transformation

    Business Coaching, Zimbabwe

    Services include: Executive Coaching Business Coaching Leadership Coaching Life coaching Mentoring Change...

Business Tips About Zimbabwe (16)

Agents and Distributors in Zimbabwe (1)

  • Marpex Chemicals

    Marpex Chemicals

    Commodity Sales and Distribution, Zimbabwe

    Marpex Chemicals was established in 1984 to provide a comprehensive service to producers of paints, adhesives, textiles, inks and...

Overview About International Trade in Zimbabwe

Economic Overview

After ten years of an economic decline, when the country's economy shrank more than 50% in between 1998 and 2008 (due to poor economic management, an unorganized program of agrarian reforms and the withdrawal its financial aid sponsors), the country's growth became positive in 2009. When the national union government took office, the Zimbabwean dollar was placed aside and the "dollarization" of the economy marked an end to the hyper-inflation era and allowed the elaboration of a budget and the revival of trade and growth. After a contraction of -18.9% in 2008, the country's growth attained 5.9% in 2010 and it should remain stable.

One of the country's main challenges is to re-establish a sustainable and credible economic policy in order to reconstruct the ravaged economy. In March 2009, a short term emergency recovery program (STERP) was established by the government. Expenses must be focusing, in priority, towards infrastructures and the social sector; the banking system must be reorganized and reinforced, and structural reforms are also essential (land property security, governance of the diamonds sector, job market, etc.). 

The country's social situation is cata...

News Related to International Trade in Zimbabwe

  • Tech partnership to provide greater access to education in Zimbabwe - Aug 26, 2019

    Zimbabwe-based education access company, Educate announced that it has partnered with UK-based Fintech company, SympliFi. The partnership is said to enable Zimbabweans based in the United Kingdom to invest in the education of their loved ones back home. Educate aims to provide easily accessible and affordable financing solutions that will allow students to attend any [&hellip

    Source: IT News Africa

  • Zimbabwe VAT changes - Mar 27, 2019

    The 2017 Budget has introduced a range of changes to the Zimbabwean VAT regime. These include: Extension of the 15% standard VAT rate to a range of foodstuffs VAT exemption on banking, and rel

    Source: VAT Live