Zimbabwe power firm agrees $110 mln Afreximbank financing deal

JOHANNESBURG, Nov 19 (Reuters) - A subsidiary of Zimbabwe's state-owned power company has signed a $110 million syndicated loan with continental trade finance bank Afreximbank, the...

Zimbabwe’s Government Breaks With its Own Currency Policy

Zimbabwe appears to be undermining its own currency as it struggles with inflation. ...

Dirty dollars: how tattered US notes became the latest street hustle in Zimbabwe

In country hit by hyperinflation, a shortage of dollars means those struggling to survive can make...

IMF Staff Concludes Article IV Mission to Zimbabwe

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit...

Civil servants to get US dollar bonuses

GOVERNMENT has announced that civil servants will receive their bonuses in foreign currency with the highest...

South Africa’s rand firms; focus on local polls results, Fed meeting

JOHANNESBURG (Reuters) - The South African rand rose in early trade on Wednesday, but hovered near...

Economic reforms won’t fix Zimbabwe’s economy. Ethical leadership is also needed

To kick-start ethical regeneration of Zimbabwean society political leaders need to take the lead in the...

FULL TEXT: Government Introducing Local Currency (ZWL) Fuel

The Zimbabwe Energy Authority (ZERA) has said the government is intending to introduce a programme for...

South Africa accuses Zimbabwe of “killing business” over border delays

HARARE – South Africa has accused Zimbabwe of “killing business” over border delays for haulage trucks...

Prioritise safety nets in national budget, ZIMCODD urges govt

As the country awaits the 2022 national budget presentation slated for next month, the Zimbabwe Coalition...

“Parallel Market Forex Rate Could Hit 400 By December”

Former Finance Minister Tendai Biti says the foreign currency parallel market will spiral out of control...

Zimbabwe Finance Minister Says Impossible to Ignore Cryptocurrencies

The cryptocurrency market has gone mainstream in 2021 attracting attention from not just institutional firms and...

2022 National Budget Consultations in Wedza

Position Paper on 2022 National Budget Consultations in Wedza...

RBZ to clamp down on accounts that swipe RTGS in exchange for USD

The Reserve Bank of Zimbabwe’s (RBZ) Financial Intelligence Unit (FIU) has put out a directive for...

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