Zimbabwe has no external support, its treasury laments

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

Zimbabwe Is Stuck Without International Support, Treasury Says

 Lack of support creates temptation to print money: Guvamatanga  Multilateral lenders firm on repayment of almost...

Guvamatanga flies family in private aircraft after beating Covid-19

HARARE – Super-rich ministry finance permanent secretary George Guvamatanga has celebrated beating the coronavirus by hiring...

Zimbabwe Crisis: Security Forces Moved to Shut Stock Market

Zimbabwe’s security force leaders sidelined the nation’s economic chiefs and forced the government to close the...

Zimbabwe Central Bank Plans to Scrap Motor Fuel Subsidy

Zimbabwe’s central bank plans to stop providing the foreign currency needed for fuel imports, handing the...

How Zimbabwe paid 2-week old company US$2m, sparking Interpol probe

HARARE – Authorities in Hungary have opened a money-laundering investigation after a company that was two...

Zimbabwe COVID-19 Lockdown Monitoring Report: 3 May 2020 – Day 35

Introduction...

Zimbabwe’s government forced to give civil servants a cushioning allowance to avoid strike

Minister, Mthuli Ncube, who has projected a 3% growth for its economy in 2020, says there...

Zim expects improved power supplies as it boosts payments to foreign suppliers

Zimbabwe expects its power situation to improve from Tuesday after its government said it had reached...

Zimbabwe to revamp investment markets after treasury bill auction

Permanent secretary for treasury George Guvamatanga said yesterday that the treasury bills and bond markets were...

To Borrow $500 Million, Zimbabwe Pledges Undeveloped Mine

The main collateral for African Export-Import Bank’s $500 million loan to Zimbabwe is a mine that...

Zimbabwe increases fuel prices as economic crisis deepens

The latest fuel price increase comes four months after similar rise triggered protests and deadly security...

Zimbabwe to subsidise public transport as inflation accelerates

The measure is introduced as the central bank and finance ministry injected $500 million to improve...

Zimbabwean Lenders Ask Central Bank to Lift Interest-Rate Cap

Zimbabwe’s lenders, which include units of Standard Bank Group Ltd. and Ecobank Ltd., appealed to the central bank to...

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