Zimbabwe’s Solar-Purchase Plan May Save Much-Needed Dollars

(Bloomberg) — Zimbabwe’s state power company, Zesa Holdings Pvt Ltd., urged private solar-power producers to sell excess supply to the national grid, reducing the need for...

Zimbabwe Fights Famine and Covid-19 With Little Hope of Aid

On April 2, Zimbabwean Finance Minister Mthuli Ncube wrote to the International Monetary Fund and other...

China to Help Build $3 Billion Coal Plant in Zimbabwe

Zimbabwe’s Rio Energy Ltd., a unit of RioZim Ltd., will build a 2,100 megawatt thermal power...

Zimbabwe Banks Urge Periodic Devaluation of Pegged Dollar Rate

Zimbabwean lenders are urging the central bank to introduce more frequent reviews of the embattled southern...

Zimbabwe’s FX Shortage to Worsen as Virus Upends Tobacco Season

Zimbabwe’s severe shortage of U.S. dollars is set to worsen as the coronavirus threatens the start...

Zimbabwe Suspends Fungibility of Old Mutual, Two Other Stocks

Zimbabwean Finance Minister Mthuli Ncube suspended the fungibility of three companies’ stocks to try and halt...

Zimbabwe Turns to ‘Task Force’ in Bid to End Currency Rout

Zimbabwe will set up a currency stabilization “task force” in a new attempt to end a...

Floodwaters Set to Buoy Power-Starved Zambia and Zimbabwe

Long-suffering Zambians and Zimbabweans finally may have something to cheer: daily power cuts that have lasted...

Zimbabwe Almost Triples Salaries for Mine Workers, Union Says

The Associated Mine Workers Union of Zimbabwe reached a deal with the Chamber of Mines that...

Stricken Air Zimbabwe Fails to Raise Much-Needed Investment

Zimbabwe’s troubled national airline has failed to secure outside investment, dealing a blow to government plans...

Zimbabwe Central Bank to Settle $1.2 Billion of Legacy Debt

The Reserve Bank of Zimbabwe approved the payment of $1.2 billion in legacy debt, but rejected claims for...

Zimbabwe Will Import Corn From Uganda to Offset Food Shortage

Zimbabwe plans to import corn from Uganda to offset a domestic shortfall, Zimbabwean President Emmerson Mnangagwa...

South African Corn Exports to Zimbabwe Hit 7-Year High

South Africa exported 13,688 tons of corn to Zimbabwe in the week ended Jan. 24, the...

Zimbabwe Lifts Ban on GM Corn Imports in Bid to Avert Famine

Zimbabwe has quietly lifted a ban on imports of genetically modified corn for the first time...

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