Articles tagged 'world economic forum'

Zim slips in Wef's rankings 19 October 2018 HARARE - The US remains the world's most competitive economy, whilst Zimbabwe has fallen from 124th to the 128th, according to the World Economic Forum (Wef)'s annual rankings issued this week. The Wef said Zimbabwe slipped in the ranking due to worsening infrastructure, a weakening of the cou...
ED refuses to apologise for Gukurahundi 27 January 2018 HARARE - President Emmerson Mnangagwa has refused to apologise for the Gukurahundi massacres saying the measures he has put in place to deal with the emotive issue must be allowed to run their course. Mnangagwa was taken to task during an interview at the World Economic Forum in Davos on Thurs...
No immunity for Grace Mugabe: ED 25 January 2018 HARARE - President Emmerson Mnangagwa has said former first lady Grace Mugabe will not be spared from the corruption dragnet and will stand trial if she is found on the wrong side of the law. He said this in a globally-televised interview at the on-going World Economic Forum (Wef) in Davos ye...
Govt threatens crackdown on fake economy news 28 September 2017 HARARE - Government will launch a crackdown on social media as part of a campaign against fake news and the spreading of rumours on shortages of basic goods and foreign exchange meant to cause alarm in the country, Finance minister Patrick Chinamasa said yesterday. “We will take necessary meas...
Zim far from it: WEF 28 September 2017 HARARE - Zimbabwe is “far” from improving its 'ease of doing business', the World Economic Forum (WEF) has said, as it once again ranked the nation among countries with poor global competitiveness in its latest ratings. It said actually, the prevailing economic environment has “made it harder”...
Davos: CEOs 'more pessimistic' about growth 20 January 2016 DAVOS - Global chief executives are more pessimistic about growth than this time last year, according to a survey. Only 27% of interviewees thought growth would improve, against 37% in 2015, the report by consultants PwC showed. Business leaders are increasingly worried about geopolitical r...
Zim faces fiscal crisis: WEF 19 January 2016 HARARE - Zimbabwe risks plunging into a fiscal crisis this year due to governance failure, The World Economic Forum (Wef) has warned. “Given the public service situation that the country is faced with and its failure to meet the International Monetary Fund (IMF) prescription to drastically cut...
'Commodities slump to continue in 2016' 4 January 2016 HARARE - Zimbabwean mining companies must brace for a further plummet in commodity prices on the international market this year, a World Economic Forum (Wef) report has said. According to the report, released last week commodity prices for everything, from crude oil to industrial metals such a...
Moxon's Meikles grabs global award 12 September 2015 HARARE - Zimbabwe Stock Exchange listed diversified conglomerate, Meikles Limited (Meikles) has been ranked among top African companies by the World Economic Forum for its sterling contribution in the country. Meikles, a large conglomerate in Zimbabwe with over 100 years of history, is one of ...
Policy uncertainty weighs down Zim 9 September 2014 HARARE - Zimbabwe's uncertain policy environment remains a concern despite the country improving in global competitiveness ratings, a latest World Economic Forum (Wef) said. In its Global Competitiveness Report for 2014-2015, the think-tank said the southern African nation’s policy environment...
Zim banks poorly ranked 10 September 2013 HARARE - Zimbabwean banks have been ranked among the worst financial institutions in the world due to low capitalisation levels and systemic risks inherent in the economy. According to the World Economic Forum (WEF)'s global competitiveness 2013 to 14 report released recently, the country was ...
Perception haunts Zim 8 September 2013 HARARE - Poor international perception of Zimbabwe's public institutions continues to weigh the country down, the World Economic Forum (WEF) has said. According to the latest WEF Global Competitiveness Report 2013–2014, public institutions continue to receive a weak assessment, particularly re...