ZIMBABWE’S national unemployment rate has slightly moved by 1,3% to 890 161 compared to 850 326 recorded in the first quarter as the country’s economic downturn shows no signs of abating, latest Zimbabwe National Statistical Agency (ZimStat) figures reveal.

Zimbabwe is facing yet another economic crisis as seen in company closures, a free-falling local currency and widespread poverty.

Gaborone, Botswana, 12 December 2024: Liquid Intelligent Technologies, a business of Cassava Technologies, a leading pan-African technology group, has announced the completion of its fibre network extension from Ramatlabama to Ramokgwebana.

Zimbabwe’s cash-strapped government could be losing US$2 billion annually through hefty leakages at corruption-prone borders, which has triggered the retrenchment of 20 000 workers, as companies struggle to cope with a glut of cheap imports, the Zimbabwe National Chamber of Commerce (ZNCC) warned authorities this week.