Zimbabwe’s economy faced a steep economic contraction this year, with the country’s year-on-year inflation having soared up to 300%, the International Monetary Fund (IMF) said on Thursday.

Zimbabwe’s inflation is the highest in the world after Venezuela and government from July suspended presenting year on year inflation data in what seemed to be a calculated attempt to conceal the revealing figures...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.