Foreign debt soars

HARARE - Zimbabwe closed the year saddled with a current account deficit of US$548,8 million as major sectors of the economy such as manufacturing, mining, agriculture...

RBZ borrows Z$160 billion

HARARE - The Reserve Bank has not yet established the much-awaited Exchange Rate Impact Assessment Board...

Bleak outlook for 2007

BY MUONGORORI
With further decline predicted in  most financial sectors, 2007 holds the disheartening prospect of yet...

World’s poorest millionaires

With the failure of recent currency reforms, analysts warn country faces absolute collapse.
HARARE - Restaurant customers...

Gono to visit Malaysia

Stories by GIFT PHIRI
HARARE - Gideon Gono, the governor of the Reserve Bank of Zimbabwe (RBZ),...

Murerwa wins on devaluation

HARARE - Finance Minister Herbert Murerwa is expected to devalue the Zimbabwe dollar by at least...

& as IMF talks tough with Mugabe

HARARE - An IMF delegation visiting Zimbabwe last week told President Robert Mugabe that his government...

World Bank paints a bleak outlook

BY MUONGORORI
BULAWAYO - Always the odd one out, Zimbabwe is one of the few, if not...

Industry grinds to a halt

BY EDDIE CROSS
I went into a tyre dealer this week to have the front wheel alignment...

Most salaries fall below poverty datum line

HARARE - A low-income urban family of six now needs $96 326 per month in order to...

Stampede for zebra meat

HARARE - Hard-pressed Zimbabweans last week stampeded to have a chunk of zebra meat after the...

Don’t hoard cash warns Gono

HARARE - Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has warned Zimbabweans not to stock...

Midzi threatens to nationalise mines


HARARE - The Zimbabwe government has said it will seize foreign-owned mines that fail to cede...

Currency deadline extended in rural areas


HARARE - Zimbabwe's central bank on Friday extended the deadline for citizens to hand over old...

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