Inflation almost 600%

HARARE - Zimbabwe's annual inflation rate soared to 585.8 percent in December from 502.4 percent in November, according to official data. But for 2005 as a...

Economic outlook bleak

BY ERIC BLOCH President Robert Mugabe and his ministers have tried vigorously to convince the nation and...

Currency dealers pray for Mugabe

HARARE - Twenty-two year old Simbarashe Gumbo stashes wads of cash in the boot of his...

Gono begs Mugabe to save nation

HARARE - Zimbabwe central bank governor Gideon Gono has written to President Robert Mugabe to tell...

Mugabe borrows from FCA’s

HARARE - The Zimbabwe government plans to introduce new regulations to allow it to temporarily borrow...

Chinese express interest in CSC

HARARE  Chinese and Korean businessmen have expressed interest in Zimbabwes struggling beef industry parastatal ...

Budget – another flat event

HARARE - The market traded weak for most of last week as investors took the back...

Banned in Australia

SYDNEY - The Australian government has added 127 names to a list of Zimbabweans barred from...

MDC MPs denounce budget proposals

HARARE  The deeply divided legislators from the opposition MDC briefly put aside their differences to...

Harare hangs up on fixed telephone firm

HARARE  Zimbabwe has cancelled a multi-billion dollar licence awarded two years ago to a local...

US$150 million from tobacco

HARARE  Zimbabwe earned US$149.9 million from tobacco exports between January and October 2005, the Tobacco...

US$10 million paid to IMF

imf_2The IMF executive board in September gave...

Fair recovery for stock market

It began as though the market had hit a false bottom but the momentum seemed to...

Dead wildlife threatens tourism

dead_wildlifeGovernment recently made a tacit admission of...

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