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Tourism Trends and Statistics 2013

According to the the IMF’s World Economic Outlook (WEO) report,  the global economy grew by 2.9 percent in 2013—below the 3.2 percent recorded in 2012—and is expected to rise to 3.6 percent in 2014.  Much of the escalation in growth is expected to be driven by advanced economies. Growth in major emerging markets, although still strong, is expected to be weaker than the IMF’s forecast in its July 2013 WEO Update. This is partly due to a natural cooling in growth following the stimulus-driven surge in activity after the Great Recession. 

Indeed, these growth transitions, combined with an approaching turning point in U.S. monetary policy, have led to new challenges and risks. In particular, long-term interest rates in the United States and many other economies have increased more than expected. In the United States, growth is expected to rise from 1½ percent this year to 2½ percent in 2014 driven by continued strength in private demand, which is supported by a recovering housing market and rising household wealth.
In the Eurozone, policy actions have reduced major risks and stabilized financial conditions. The region is expected to gradually pull out of recession, with growth reaching 1 percent in 2014.

Overall, growth in emerging markets and developing economies is expected to remain strong at 4,5 –5 percent in 2013–14. Commodity prices will continue to boost growth in many low-income countries, including those in sub-Saharan Africa. But economies in the Middle East and North Africa, Afghanistan, and Pakistan region will continue to struggle with difficult economic and political transitions.


Italians relish street party experience

A group of flamboyant Italian flag-throwers, the Storici Sbandieratori Delle Contrade Di Cori relished their experience at the recently held Harare International Carnival with performances in the main carnival parade,

Miss Zim crowned

Thabiso Phiri was crowned Miss Zimbabwe 2014 at colourful event held at Mabvazuva Village in Msasa on Saturday. The 22-year-old beauty was announced the winner ahead of the 14 other contestants that were

President receives tourism awards

The European Council on Tourism and Trade will today present two awards to President Mugabe in recognition of Zimbabwe’s appeal as a major tourism destination. The ceremony at a Harare hotel this morning

Promote domestic tourism: President

President Mugabe yesterday called for the promotion of domestic tourism, saying many Zimbabweans lack knowledge on the many historical treasures and monuments abound in the country. He said the Ministry of

Our footprints are indelible

It is a fact not fiction, that Zimbabwe’s footprints in the world tourism family are fast becoming ineffaceable. The country, through the Zimbabwe Tourism Authority is striking the right codes.  Last month’s successful

Zim named 2014 World Best Tourist Destination

Zimbabwe has been awarded the 2014 World Best Tourist Destination title by the European Union Council on Tourism and Trade (ECTT) for promoting eco-tourism and successfully convening the 20th session of the World Tourism Organisation General Assembly conference last year.

Miss Carnival finalists raring to go

Morale is still high within the Miss Carnival camp just a day before the grand finale at the Harare International Conference Centre. The models certainly have a lot to look forward to as the promised prizes are highly lucrative. A whooping $20 000

Caribbean Night at Red Fox

REGGAE lovers are in for a treat at this year’s edition of the Harare International Carnival as Red Fox hosts a special night dubbed the Caribbean Night. Harare’s local hub of reggae music, Red Fox, will be hosting it and the club’s spokesperson

Carnival Dancehall Night

ONE of the major music parties to grace this year’s Harare International Carnival is the Carnival Dancehall night which will bring together the cream of Zimbabwe’s dancehall stars. The dancehall musical extravaganza is slated for 24 May at the

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