Zimbabwe’s mineral-backed loans may complicate talks with creditors, IMF says

HARARE (Reuters) - Foreign loans that use minerals as collateral may complicate Zimbabwe’s future negotiations with foreign creditors to restructure its $8.8 billion debt, an International...

Food price hikes an indictment on Zanu PF

The MDC notes with concern the unabated price hikes especially on basic food stuffs. An announcement...

Zimbabwe improves revenue by adding 2% tax on electronic transactions

The Zimbabwean Treasury’s introduction of a 2%  tax on all electronic transactions has yielded positive results...

Zimbabwe Slowly Dollarizing

The International Monetary Fund (IMF) has ranked Zimbabwe as having the second highest rate of inflation...

Zimbabwe to approach Eskom for help as Kariba Dam levels drop

Officials from Zimbabwe's power utility Zesa are expected to this week meet with their South African...

Zimbabwe abstains from external borrowing to build fiscal discipline – IMF

HARARE (Reuters) - Zimbabwe will not borrow externally and will cut reliance on the central bank...

Zimbabwe government condemns latest fuel price increases

HARARE (Xinhua) -- Zimbabwe's cabinet on Tuesday criticized the latest round of fuel price increases and...

Zimbabwe presses exporters, power utility as economic crisis mounts

HARARE (Reuters) - Zimbabwe government figures blamed exporters on Monday for exacerbating a dollar shortage and...

MYCASH: You can now send money to any mobile number, on any network in Zimbabwe

MyCash has launched its MyCash Wallet which allows self-registration and instant money transfers on any mobile network....

VIDEO: Air Zimbabwe’s Boeing 767 developed a crack in the tail fin

Air Zimbabwe’s Boeing 767 appears to have developed a crack in the tail fin. ...

Old Mutual CEO in no mood to go quietly

Old Mutual has embarked on a transition unlike any in its 174-year history....

Old Mutual suspends its CEO Peter Moyo

Old Mutual has suspended its CEO Peter Moyo. ...

To Borrow $500 Million, Zimbabwe Pledges Undeveloped Mine

The main collateral for African Export-Import Bank’s $500 million loan to Zimbabwe is a mine that...

Zimbabwe struggles to keep its fledgling currency alive

Most currencies have snappy names, like yen, won, kip or lek. Some have unfortunate ones: dong or...

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