Zimbabwe central bank sees official, black market exchange rates converging in 3 months

HARARE (Reuters) - Zimbabwe’s central bank governor said on Tuesday he expected the official exchange rate of a new currency to converge with that on the...

Botswana gives leaders stools made from elephant feet

Stools made from elephant feet have been presented to three African leaders by their host in...

Zimbabwe extends central bank governor’s term by another five years

HARARE (Reuters) - Zimbabwe’s President Emmerson Mnangagwa on Friday appointed John Mangudya for a second and...

Standard Chartered Cuts Zimbabwean Jobs as Services Move to Asia

Standard Chartered Plc is migrating some of its operations from Zimbabwe to China, India and Malaysia,...

Little to celebrate for Zimbabwe workers on workers’ day

May Day commemorations came just over a week after the price of bread almost doubled in...

Zimbabwe’s President Says Business Is Undermining His Economic Agenda

Zimbabwean President Emmerson Mnangagwa accused “unpatriotic” members of the business community of thwarting the government’s economic...

Zimbabwe corruption deep rooted: Mnangagwa

Zimbabwean President Emmerson Mnangagwa didn’t know the extent of corruption in the country until he took...

Zimbabwe: Doable Recovery Policies Required

From all indications, Zimbabwe is plunging into the abyss of recession, then stagflation, a condition characterised...

Zimbabwean Tycoon Pushes for Prices in Rand as Bread Costs Soar

Zimbabwean businessman Strive Masiyiwa wants the country to start pricing its goods in rand instead of...

Zimbabwe nearly doubles bread price as economic woes mount

HARARE (Reuters) - The price of bread nearly doubled in Zimbabwe on Tuesday, another burden for...

Zimbabwe Plans Central Bank Rate ‘Soon,’ Finance Minister Says

Zimbabwe will “soon” introduce a central bank reference rate as part of measures the southern African...

It’s Back to 2008 for Zimbabwe as Economy Set to Shrink: Chart

For Zimbabwe, 2008 was not a good year: there was hyperinflation, an election derailed by political...

Zimbabwe Plans to Introduce Currency ‘In Next 12 Months’: FM Ncube

Zimbabwe Finance Minister Mthuli Ncube discusses the nation's currency regime, help needed from foreign institutions and...

Zimbabwe’s dollar crisis rages, even with it’s dictator gone

A shortage of foreign exchange is forcing more and more private firms to shut down. ...

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