Top Soap, Cooking Oil Producer Olivine Industries Shuts Down Zimbabwe Operations

WASHINGTON — Top cooking oil, soap and margarine manufacturer, Olivine Industries, has shut down operations in Zimbabwe, citing a crippling $11 million debt. A large number of...

Zimbabwe plans new currency as dollar shortage bites: finance minister

HARARE (Reuters) - Zimbabwe will introduce a new currency in the next 12 months, the finance...

Black Saturday in Zimbabwe as Mnangagwa fuels inflation

A display of incompetence , hopeless confusion and absolute disregard of the plight of the Zimbabwean...

Zim companies on the brink of shutdown as forex challenges intensify

Zimbabwean companies are on the brink of shutting down if the foreign currency challenges that have...

Zimbabwe government simply can’t afford US dollar salaries – here’s why

Cash crisis bites as forex is now required to rent property, pay municipal bills...

Zimbabwe doctors end strike without deal as unions meet government

HARARE (Reuters) - Zimbabwean doctors on Thursday ended a 40-day strike for better pay and conditions...

‘We’re not celebrating’: Zim teachers divided on strike for US dollar pay

Harare - Zimbabwean teachers were divided at the start of an indefinite strike on Tuesday, with...

Zimbabwe faces 2019 starved of investment inflows and foreign currency

HARARE – Zimbabweans have transitioned into 2019 on the back of mounting economic woes and growing...

Zimbabwe lays off more than 3,000 civil servants

JOHANNESBURG (Reuters) - Zimbabwe’s government has begun laying off just over 3,000 workers from its youth...

Delta Beverages to accept cash only amid currency crunch

JOHANNESBURG (Reuters) - Zimbabwe’s largest brewing company Delta Corporation said on Wednesday that its beverages subsidiary...

Delta to buy SA brewer

But trouble brews amid forex shortages...

Zimbabwe’s scaled-back Christmas celebrations

Most Zimbabweans have been unable to afford Christmas treats because of soaring inflation, writes the BBC's...

PHOTOS: Happy holidays? Not in Zimbabwe’s economic crisis

HARARE, ZIMBABWE - The Christmas lights are up in Zimbabwe's capital but the mood is less than...

Zimbabwe’s economic crisis wipes out Christmas cheer

At Solomon Chakauya's grocery store in Zimbabwe's Chinamhora district outside Harare, there's no sign of the...

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