IMF Staff Concludes Staff Visit to Zimbabwe

Harare: An International Monetary Fund (IMF) staff team led by Wojciech Maliszewski conducted a staff visit in Harare during October 18–25, 2023 to discuss recent economic developments...

Zimbabwe’s export receipts fall to 3.6 bln USD

HARARE (Xinhua) -- Zimbabwe's export receipts fell to 3.6 billion U.S. dollars from January to September...

RBZ slashes interest rates

THE Reserve Bank of Zimbabwe(RBZ) has slashed interest rates from 150 percent to 130 percent per...

Rapid dollarisation to stymie Zimbabwe’s plan to drop greenback

The Zimbabwe dollar has had a rocky history....

Zimbabwe plans to drop US Dollar in 2025, but scepticism abounds

Zimbabwe's largest independent asset manager predicts that the US dollar will continue to be the dominant...

ZINARA Reviews Vehicle Licensing And Toll Fees

Zimbabwe National Road Administration (ZINARA) has announced a review of vehicle licensing and toll fees starting...

Zimbabwe’s Plan to Drop US Dollar in 2025 Seen as Non-Starter

(Bloomberg) -- The US dollar will remain the dominant currency in Zimbabwe even after the government’s...

ZESA Broke, Set To Increase Tariffs As Power Cuts Worsen: Watchdog

Harare—The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is battling obsolete equipment and acute financial problems,...

Zimbabwe Worker Exodus Intensifies With Economy in Meltdown

Years of mass migration from Zimbabwe has gained fresh impetus as an economic meltdown continues unabated,...

Zimbabwe wants new IMF staff-monitored programme by April

HARARE (Reuters) - Zimbabwe hopes to agree a new staff-monitored programme with the International Monetary Fund...

Recent company sales in Zimbabwe send signals on government’s preferred bidders

In 2017, when Barclays sold its Zimbabwe business to FMB Capital, a foreign bank, it became...

Zimbabwe launches gold coins to cushion economy

Zimbabwe has introduced a new gold-backed digital currency as it battles to stop re-dollarization....

Undesignated vendors in Bulawayo pose Cholera threat, warns Council

Councillors in Bulawayo have expressed concern over the possibility of a Cholera breakout in the city...

Zimbabwe: Entrepreneur braves multiple obstacles to build food company

How Lesly Marange, founder and CEO of Zimbabwe-based Glytime Foods, started and grew a food company amid...

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