45 views
5 days ago
Zimbabwe has a timely opportunity to build long-term economic momentum and expand formal employment opportunities, according to a new World Bank Group report titled The Zimbabwe Growth and Jobs Report, released recently.
The report says Zimbabwe's economic growth averaged almost six percent between 2021 and 2025, while local-currency inflation fell to single digits in early 2026, the first time this has happened since 1997.
The World Bank says these developments provide an important foundation for stronger and more sustainable economic growth, but warns that Zimbabwe needs to translate economic stability into increased investment, productivity and the creation of more formal jobs.
SABC News Reporter Ephert Musekiwa reports.
For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.