Zimbabwe prices spiral after businesses told to stop pricing in dollars

HARARE (Reuters) - Prices of goods in Zimbabwe are spiralling again, threatening to halt a decline in consumer inflation, after authorities last week forced businesses to...

RBZ, business set for showdown over Statutory Instrument 127 of 2021

The Confederation of Zimbabwe Industries (CZI) wants the government to suspend the "heavy handed" decree promulgated...

Zimbabwe faces an ‘existential crisis’ like never before, says former finance minister Tendai Biti

Corruption has plunged the country into its deepest and most dangerous crisis yet, says Biti....

Masiyiwa Reveals How Patronage & Sheer Incompetence Destroyed Ziscosteel

Zimbabwean-born businessman and philanthropist Strive Masiyiwa has said his first board appointment was at the now-defunct...

IMF to conduct virtual staff mission to Zimbabwe with no financial support

HARARE (Xinhua) -- The International Monetary Fund (IMF) will not provide financial support for Zimbabwe hit...

Zimbabwe’s Biggest Bank to List on Victoria Falls Stock Exchange

CBZ Holdings Ltd., the biggest bank in Zimbabwe, plans to list on the U.S. dollar-denominated stock...

Zimbabwe to Seek Z$60 Billion in Private Funding to Buy Grain

Zimbabwe’s government hopes to secure 60 billion Zimbabwean dollars ($709 million) from the private sector to...

Zimbabwe Stocks Temper Their Wild Ride as Inflation Moderates

Zimbabwe’s breakneck inflation rate is slowing and that’s prompting signs of normalcy in the local stock...

Zimbabwe to List Bond on Local Bourse for First Time in 20 Years

Zimbabwe plans to list a bond on the local exchange for the first time in 20...

UK sanctions don’t affect trade with Zimbabwe

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Zimbabwe central bank says keeps policy rate at 40%

Zimbabwe's central bank said on Tuesday that its monetary policy committee (MPC) had decided to keep...

‘Diaspora remittances overtake foreign aid’

What is happening all over Africa is that diaspora remittances have overtaken foreign aid....

Zimbabwe street vendors reel under virus curbs

For years, Zimbabwean single mother Spiwe Tembo would sell buns on the streets of central Harare,...

Zimbabwe’s Biggest Bank to Cut Staff as Covid-19 Forces Rethink

Zimbabwe’s CBZ Bank Ltd., the country’s biggest lender, has begun voluntary job cuts as it deals with...

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