veri blog

Zimbabwe has implemented a wide-ranging package of new taxes and levies effective January 1, 2026, in a bid to widen its tax base and increase government revenue. The measures, announced in the 2026 National Budget and now enforced by Finance Act No. 7 of 2025, target digital services, mining exports, gambling winnings, and property rentals, among other areas. Officials say the reforms mark a major shift in the country’s fiscal strategy, touching virtually every sector of the

Harare, January 12, 2026 – Zimbabwe’s central bank is touting a rare victory over inflation, as new data show annual price growth plunged to about 15% in December, down from 19% in November and far below the triple-digit rates seen earlier in 2024. Month-on-month inflation has virtually flatlined – rising just 0.2% in December – amid aggressive moves to choke off money supply growth and stabilize the Zimbabwe dollar. The authorities credit an austere monetary stance, includin

On paper, Zimbabwe’s story in late 2025 looks almost unrecognisable from the crisis headlines of just a few years ago. The World Bank’s latest Zimbabwe Economic Update projects 6.6% GDP growth in 2025 , outpacing most of Sub-Saharan Africa, driven by a rebound in agriculture, services, and renewed investment in mining and steel. Inflation, which has been triple-digit more often than not over the past decade, is now falling sharply : industry data show ZiG-based annual inflat

Most investors start at home. It’s familiar: you understand the banks on your high street, the telco you use every day, the government securities your adviser talks about. In many African markets, those local instruments also offer attractive nominal yields. But the last decade has shown how fragile that comfort can be: Currency shocks  can wipe out years of returns when measured in hard currency. Inflation spikes  can quietly erode the real value of cash, deposits and even s

On the streets of Harare, prices are still quoted in both U.S. dollars and ZiG. But for the first time in years, the headline number that has haunted Zimbabweans for decades is starting to look almost ordinary. According to the latest data from the Zimbabwe National Statistics Agency (ZimStat), annual inflation measured in Zimbabwe Gold (ZiG) fell to 19% in November 2025 , down from 32.7% in October. It is a dramatic shift from just a few months ago. In July, annual ZiG infla

Traders on the Victoria Falls Stock Exchange (VFEX) have spent much of 2025 watching green on their screens. The United States dollar-denominated bourse has climbed about 34% year-to-date , outpacing many regional peers and last year’s already strong gains. Mining counters and export-oriented companies have led the charge, turning the tiny resort city into an unlikely focal point for hard-currency investors. Yet 700km away in Harare, policymakers are preparing for the opposit

In October 2025, the International Monetary Fund upgraded its growth forecast for sub-Saharan Africa to 4.1 percent , reflecting modest optimism amid persistent headwinds. That figure underscores a region balancing between promising reform momentum and foundational structural risks. Key pressures loom large: rising debt service costs, tightening external financing, inflation pressures, and weak fiscal buffers. During the IMF’s African Department press briefing, Director Abebe

Harare, 16 October 2025 — The International Monetary Fund (IMF) has offered cautious praise for Zimbabwe’s recent fiscal and monetary reforms, acknowledging steps toward macroeconomic stabilization. Yet despite progress, the global lender remains unable to extend new credit due to Zimbabwe’s substantial debt arrears. Instead, the two parties are engaging under a structured dialogue framework aimed at building institutional credibility ahead of a more formal program. The cor

Sometimes, the stories that shape a country’s financial future don’t come from the stock market or a central bank policy—they grow...