Zimbabwe treasury says to clear forex backlog in 45 days

HARARE (Reuters) - Zimbabwe will clear a backlog of foreign currency allocations owed from central bank-run auctions in the next 45 days, a senior treasury official...

J&J Allocation Delayed by Zimbabwe on Clot, Storage Concerns

Zimbabwe asked the African Export-Import Bank to delay the arrival of Johnson & Johnson Covid-19 vaccines...

Zimbabwe to Fund Covid-19 Vaccines With Government Finances

Zimbabwe will fund the purchase of coronavirus vaccines to inoculate about two-thirds of its adult population...

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 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...

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