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<p>Yesterday, Zimbabwe&#8217;s Finance Minister Mthuli Ncube presented the 2021 Mid Term Budget and Economic Review. The Government has signalled strong economic growth in 2021, despite the Covid-19 threats. The growth forecast for the year has been upgraded from 7.4 per cent to 7.8 per cent. Joining CNBC Africa to discuss the current economic situation in Zimbabwe is Batanai Matsika, Head of Research at Morgan &#038; Co joins CNBC Africa for more.</p>


Zimbabwe: Business responds to Finmin Ncube’s mid-term budget review

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<p>Zimbabwe&#8217;s economy was already in a state of recession before COVID-19, and the trend continued to 2020.The economic contraction has been a result of output losses in key sectors. The question is, which shape will Zimbabwe&#8217;s economic recovery take? Batanai Matsika, Head of Research at Morgan &#038; Co joins CNBC Africa for more.</p>


Morgan & Co’s 2021 economic outlook for Zimbabwe

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<p>2020 has been a roller coaster ride for market participants on the Zimbabwean Stock Exchange. Some of the things that affected the bourse were COVID-19, changes in policies, and suspension of trading activity. Joining CNBC Africa to discuss where the Zimbabwean markets are is Batanai Matsika, Head of Research at Morgan &#038; Co.</p>


Zim economy in limps into 2021

Zim economy limps into 2021

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<p>Zimbabwe’s government is in talks with international investments banks to support the new Victoria Falls Stock Exchange. The exchange will trade exclusively in foreign currency and targets global capital markets especially in the mining industry. Batanai Matsika, Head of Research at Morgan &#038; Co spoke to CNBC Africa for more.</p>


Zimbabwe govt in talks with banks to support the new Victoria Falls Stock Exchange

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<p>Trading resumed on the Zimbabwean Stock Exchange this week after a month of being shut down. The Zimbabwean government suspended the stock exchange and mobile money payments in a bid to clamp down on alleged illegal activities. Although the bourse is operational, three stocks remain suspended, Old Mutual, PPC and SeedCo. Batanai Matsika, Head of Research at Morgan &#038; Co spoke to CNBC Africa for more.</p>


Old Mutual

Old Mutual, PPC & SeedCo remain suspended on the ZSE

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<p>News from Zimbabwe over the weekend saw the ruling party Zanu-PF announcing that it supports the decision of expelling insurance giant, Old Mutual from the Zimbabwean Stock Exchange. Batanai Matsika, Head of Research at Morgan &#038; Co spoke to CNBC Africa for more.</p>


Zim ruling party seeks to eject Old Mutual from the ZSE

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<p>Over the weekend, the Zimbabwean government suspended the use of mobile money platforms and trading on the Zimbabwean Stock Exchange siting alleged economic corruption on these platforms. Batanai Matsika, Head of Research at Morgan &#038; Co joins CNBC Africa for more.</p>


Why this analyst believes Zim’s move to halt mobile money platforms & stock exchange trading undermines investor confidence

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<p>According to the World Bank 40 to 60 million people worldwide will experience extreme poverty in 2020 due to the Covid-19 pandemic. The estimates show that 23 million people that will be hit by poverty will be in Sub-Saharan Africa and 16 million in South Asia. Joining CNBC Africa to unpack Zimbabwe’s Covid-19 response is Batanai Matsika, Head of Research at Morgan &#038; Co.</p>


COVID-19 worsens Zim’s economic challenges

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<p>African countries have been praised for their response to the COVID-19 pandemic but there are still concerns for the more fragile economies and development markets such as the commodity based economy of Zimbabwe. Joining CNBC Africa to unpack more on the economic and social impact of the COVID-19 pandemic on Zimbabwe is Batanai Matsika, Head of Research at Morgan &#038; Co.</p>


Morgan & Co on COVID-19 & its impact on Zimbabwe’s economy

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<p>This week Zimbabwe suspended the transfer of local shares in dual-listed companies to foreign bourses for the next 12 months. Joining CNBC Africa to unpack more on this and the developments of the declaration of COVID-19 being a national disaster in Zimbabwe is Batanai Matsika, Head of Research at Morgan &#038; Co.</p>


Zim declares COVID-19 a national disaster

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<p>As global markets hit red once again in trade this morning we take a look at the volatility that is being seen of the Zimbabwe stock exchange. Batanai Matsika the Head of Research at Morgan &#038; Co joins CNBC Africa for more.</p>


How Zim stocks are reacting to COVID-19

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According to the International Monetary Fund Zimbabwe is facing a threatening economic and humanitarian crisis due to macroeconomic instability, climate shocks and policy missteps. Joining CNBC Africa to unpack whether the latest monetary policy statement is aiding or changing the narrative is Batanai Matsika, Head of Research at Morgan &#038; Co.</p>


Zimbabwe’s currency woes hurting companies

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Batanai Matsika, Head of Research at Morgan &#038; Co joins CNBC Africa to give insight into Morgan and Co.’s research on price purchasing power in Southern Africa by using the metrics of the price of Coca –Cola across the African countries.</p>


Coca Cola Index: How economic productivity & standard of living compare among these Southern African countries

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<p>The story of Zimbabwe&#8217;s economic and political turmoil is one that is stressed locally and globally, both Zimbabwe and Venezuela have similar downfalls which could be credited to unstable systems and leadership according to Morgan &#038; Co Research. Batanai Matsika, Head of Research at Morgan &#038; Co joins CNBC Africa to discuss Zimbabwe&#8217;s economic outlook for 2020.</p>


Morgan & Co on the main drivers for Zim’s economy in 2020

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<p>On the back of Zimbabwe’s MPC announcement today, one of the main issues of economic turmoil in Zimbabwe is the rife and staggering accounts of corruption at all levels of potential economic pillars. Joining CNBC Africa for more is Batanai Matsika the Head of Research at Morgan &#038; Co.</p>


How corruption is undermining Zim’s turnaround plans

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<p>Globally there has been a change in industries that are leveraging technology to achieve returns. This is the phenomena from the shift of physical assets to digital ones. Zimbabwe’s technology company Cassava Smartech may yield good returns on this system. Batanai Matsika, Head of Research at Morgan &#038; Co joins CNBC Africa for more.</p>


Fintech sector disruptor Cassava aiming for good returns in shift from physical to digital assets

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<p>Since the introduction of the Zimbabwean dollar locals have instead preferred to trade in the South African rand and U.S dollar, Morgan &amp; Co believe that the Zimbabwean dollar was initiated at the wrong time and is not contributing to economic growth. Batanai Matsika, Head of Research at Morgan &amp; Co joins CNBC Africa for more.</p>


morgan & co

Zimbabwe: Business responds to Finmin Ncube’s mid-term budget review

Morgan & Co’s 2021 economic outlook for Zimbabwe

Zim economy limps into 2021

Zimbabwe govt in talks with banks to support the new Victoria Falls Stock Exchange

Old Mutual, PPC & SeedCo remain suspended on the ZSE

Zim ruling party seeks to eject Old Mutual from the ZSE

Why this analyst believes Zim’s move to halt mobile money platforms & stock exchange trading undermines investor confidence

COVID-19 worsens Zim’s economic challenges

Morgan & Co on COVID-19 & its impact on Zimbabwe’s economy

Zim declares COVID-19 a national disaster

How Zim stocks are reacting to COVID-19

Zimbabwe’s currency woes hurting companies

Coca Cola Index: How economic productivity & standard of living compare among these Southern African countries

Morgan & Co on the main drivers for Zim’s economy in 2020

How corruption is undermining Zim’s turnaround plans

Fintech sector disruptor Cassava aiming for good returns in shift from physical to digital assets

Here’s why the Zim dollar is still not favoured amongst locals

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morgan & co

Zimbabwe: Business responds to Finmin Ncube’s mid-term budget review

Morgan & Co’s 2021 economic outlook for Zimbabwe

Zim economy limps into 2021

Zimbabwe govt in talks with banks to support the new Victoria Falls Stock Exchange

Old Mutual, PPC & SeedCo remain suspended on the ZSE

Zim ruling party seeks to eject Old Mutual from the ZSE

Why this analyst believes Zim’s move to halt mobile money platforms & stock exchange trading undermines investor confidence

COVID-19 worsens Zim’s economic challenges

Morgan & Co on COVID-19 & its impact on Zimbabwe’s economy

Zim declares COVID-19 a national disaster

How Zim stocks are reacting to COVID-19

Zimbabwe’s currency woes hurting companies

Coca Cola Index: How economic productivity & standard of living compare among these Southern African countries

Morgan & Co on the main drivers for Zim’s economy in 2020

How corruption is undermining Zim’s turnaround plans

Fintech sector disruptor Cassava aiming for good returns in shift from physical to digital assets

Here’s why the Zim dollar is still not favoured amongst locals

News Tips

Advertise With Us

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