African development banks expected to fund Caledonia’s new Zimbabwe mine, CEO says

African development banks are seen as the most likely funders of Caledonia Mining Corporation's planned $250-million gold mine in Zimbabwe, the mining company's CEO Mark Learmonth said on Wednesday....

Zimbabwe needs help with in R160bn debt

The US isn't interested until it cleans up its act...

‘Zimbabwe inflation to reach double figures in 2024’

ZIMBABWE has recorded the highest poverty levels across the southern African region although inflation is expected...

Zimbabwe hosts fourth Structured Dialogue Platform on arrears clearance and debt resolution process

HARARE, Zimbabwe, /APO Group/ — Zimbabwe has concluded a fourth Structured Dialogue Platform meeting on debt...

Zimbabwe and Zambia join hands to end Sub-Saharan Africa’s energy woes

Electricity is the lifeblood of any economy. Gross Domestic Product per capita is generally three to...

AfDB president optimistic about solving Zimbabwe’s debt crisis

HARARE — African Development Bank (AfDB) President Akinwumi Adesina said on Tuesday he was optimisitic about...

Currency Slump, 132% Inflation No Cause for ‘Panic’ in Zimbabwe

(Bloomberg) -- Zimbabwe is taking steps to tackle an inflation rate that’s jumped to 132% after...

IMF Calls for Major Reforms to Turn Zimbabwe’s Economy Around

Zimbabwe needs a “broader reform and stabilization agenda” to sustain an almost year long effort by...

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

Upgrades to Kariba Dam, the main source of electricity for Zambia and Zimbabwe, have been set...

Zimbabwe has no external support, its treasury laments

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

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...

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...

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...

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...

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