5.2.2021 6:59

Africa News: Zimbabwe, Zambia Kariba Dam Plant Upgrade Delayed by 2 Years

Bloomberg News
Upgrades to Kariba Dam, the main source of electricity for Zambia and Zimbabwe, have been set back by at least two years because of technical challenges...
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28.8.2020 14:00

Zimbabwe has no external support, its treasury laments

Due to its economic meltdown, the country has been excluded from international bailouts and debt relief...
7.5.2020 7:59

Zimbabwe gets $7 million World Bank grant to fight coronavirus

HARARE (Reuters) - The World Bank will grant $7 million to Zimbabwe to help it fight...
7.5.2020 7:39

Desperate Zimbabwe out of financial options amid Covid-19

The country is largely being ignored by international funders due to its past bad record of...
6.5.2020 7:28

Zimbabwe Fights Famine and Covid-19 With Little Hope of Aid

On April 2, Zimbabwean Finance Minister Mthuli Ncube wrote to the International Monetary Fund and other...
4.3.2020 15:29

Zimbabwe in ‘economic and humanitarian crisis’ as IMF sounds alarm

The southern African nation's economy is expected to have contracted by 7.5% in 2019, according to...
24.10.2019 7:37

Zimbabwe celebrating Anti-Sanctions Day

The Southern African country’s political leadership established the national holiday to protest longtime U.S. economic sanctions....
5.9.2019 8:22

News National Zimbabwe plans talks on foreign debt arrears in early 2020: finance minister Zimbabwe plans talks on foreign debt arrears in early 2020: finance minister

CAPE TOWN (Reuters) - Zimbabwe plans to start talks in early 2020 on clearing arrears on...
4.9.2019 9:37

Zimbabwe’s addiction to borrowing continues – as inflation rises

As Zimbabwe's financial situation worsens, the government pins its hopes on borrowing more money....
18.7.2019 11:57

In Zimbabwe, risk perception trumps orthodoxy as inflation soars

JOHANNESBURG (Reuters) - Zimbabwe’s Finance Minister Mthuli Ncube seems to be doing everything by the book...
4.6.2019 17:18

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...
2.6.2019 15:36

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...
18.4.2019 9:22

Shady water tender leaves Mutare suburbs dry

MUTARE, Zimbabwe—Parts of Mutare in eastern Zimbabwe have suffered a water crisis for years after a...
13.3.2019 7:21

South Africa, Zimbabwe Discussing State-Guaranteed Bank Loan

South Africa is considering more loans to Zimbabwe, including state-guaranteed funding from banks to support its...

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