2023 Zimbabwe economic growth projected to slow to 5.5% from 6.5%, despite businesses doubling production amidst challenges.
Zimbabwe National Chamber of Commerce (ZNCC) reports businesses remained resilient, doubling production amidst economic challenges. Last year's volatile exchange rate, high inflation, power cuts, and El Niño affected economic growth, projected to slow down to 5.5% in 2023 from 6.5% in 2022. Despite these issues, firms embraced AI and new machinery, focusing on best practices for economic growth and environmental sustainability.
May 14, 2024
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