Policy Inconsistency and Forex Thievery in Zimbabwe

When in 2014 the then Zimbabwean government under the former President Mugabe introduced the bond coins in the pretext of providing change, little did Zimbabweans realize...

Zimbabwe owes $200 million to foreign fuel suppliers

HARARE (Reuters) - Zimbabwe owes $200 million to foreign fuel suppliers including Glencore (GLEN.L), Total (TOTF.PA)...

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...

To Borrow $500 Million, Zimbabwe Pledges Mine That Doesn’t Exist

The collateral for African Export-Import Bank’s $500 million loan to Zimbabwe is a mine that hasn’t...

Gold miner Metallon demands $132 mln from Zimbabwe central bank -documents

JOHANNESBURG (Reuters) - Africa-focused gold miner Metallon Corporation is demanding nearly $132 million it says it...

Zimbabwe’s ‘Zollar’ being manipulated by political elites

New protests are being organised. The last serious ones knocked out the government and led to...

A sharp jump in mobile internet prices shows the true value of Zimbabwe’s troubled currency

While Zimbabwe’s central bank is trying to make the case for a respectable value for its three-month...

Zimbabwe central bank sees official, black market exchange rates converging in 3 months

HARARE (Reuters) - Zimbabwe’s central bank governor said on Tuesday he expected the official exchange rate...

Zimbabwe extends central bank governor’s term by another five years

HARARE (Reuters) - Zimbabwe’s President Emmerson Mnangagwa on Friday appointed John Mangudya for a second and...

The Reserve Bank is Sabotaging the Recovery in the Economy

When Mthuli Ncube was appointed as Minister of Finance he quickly took charge at the Ministry,...

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...

So far, no pay-off for Zimbabwe

Zimbabweans have not yet seen the full benefit of the new currency introduced earlier this year....

Zimbabwe inflation quickens to 59.39 percent year/year in February

HARARE (Reuters) - Zimbabwe’s inflation rose to a new ten-year high of 59.39 percent year-on-year in...

Zimbabwe 2019 tobacco marketing season opens next week

HARARE (Xinhua) -- Zimbabwe's 2019 tobacco marketing season will open on March 20 with growers retaining...

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