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As of October 2014, Metallon Corporation was Zimbabwe's largest gold miner. [61] The group is controlled by its Chairman Mzi Khumalo. In 2019, the country was the world's 3rd largest producer of platinum [62] and the 6th largest world producer of lithium. [63] In the production of gold, in 2017 the country produced 23.9 tons. [64]
Unemployment rate (2021) [1] This is a list of countries by unemployment rate.Methods of calculation and presentation of unemployment rate vary from country to country. Some countries count insured unemployed only, some count those in receipt of welfare benefit only, some count the disabled and other permanently unemployable people, some countries count those who choose (and are financially ...
As economic growth declined in Zimbabwe, so did the labour absorptive capacity of the economy such that by 2004, four out of every five jobs in Zimbabwe were informalised, resulting in massive decent work deficits. Unemployment rates had remained below 10 per cent between 1982 and 2004. [5]
Zimbabwe's path toward hyperinflation began at the beginning of its independence in the 1970s. [3] In 2000, inflation within Zimbabwe hit its peak at the time, being at 230 percent. [1] In 2019, Zimbabwe has an inflation rate of about 300% which is the world's highest.
14 October – The first two cases of mpox in Zimbabwe are recorded in a child in Harare who had travelled to South Africa and a 24-year old patient in Mberengwa who had travelled to Tanzania. [ 6 ] 16 October – The government announces compensation payments for white farmers displaced by the expropriation program of former president Robert ...
The BMI takes the sum of the inflation and unemployment rates, and adds to that the interest rate, plus (minus) the shortfall (surplus) between the actual and trend rate of GDP growth. In the late 2000s, Johns Hopkins economist Steve Hanke built upon Barro's misery index and began applying it to countries beyond the United States. His modified ...
White immigration to the Company realm was initially modest, but intensified during the 1900s and early 1910s, particularly south of the Zambezi. The economic slump in the Cape following the Second Boer War motivated many white South Africans to move to Southern Rhodesia, and from about 1907 the company's land settlement programme encouraged more immigrants to stay for good. [5]
A country of roughly 16.6 million people as per 2024 census, [15] Zimbabwe's largest ethnic group are the Shona, who make up 80% of the population, followed by the Northern Ndebele and other smaller minorities. Zimbabwe has 16 official languages, [3] with English, Shona, and Ndebele the most common.