economy
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A new pandemic has struck the world: Food inflation
By Richard Mahapatra Food prices are increasing at an unprecedented rate worldwide, triggered by 2 years of COVID-19 pandemic-induced disruption and now the Russia-Ukraine war The novel coronavirus disease (COVID-19) pandemic was pushed off global front pages last fortnight by food inflation. Food prices have leaped 75 per cent since mid-2020, the Food and Agriculture Organization (FAO) assessed. In India,…
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Zimbabwe month-on-month inflation wanes
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…
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Mzembi calls for combined effort towards growing the tourism sector
By Byron Mutingwende Tourism and Hospitality Industry minister, Walter Mzembi has rallied his government partners and the private players to speak with one voice in facilitating the growth of the sector which has become the engine for economic growth. Mzembi made the remarks in Harare on Wednesday during the launch of the 2017…