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Zim economy set for growth spurt

Nov 04 2010 11:34 Reuters

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Johannesburg - Zimbabwe's economy is on track to grow by 8.1% this year and close to 10% in 2011, the country's finance minister said on Thursday.

Tendai Biti made the forecast to Reuters on the sidelines of a conference in Johannesburg.

The southern African nation was battered by a decade of economic contraction and hyperinflation, which reached 500 billion percent in 2008. Zimbabwe has begun to recover after a unity government set up last year dumped the worthless local currency for foreign currencies.

 
 
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It pays to know the cost and what you’re getting in return
May 28 2012 09:33

Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. (Reuters)

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