Zimbabwe Markets Roiled as New Tax Triggers Panic Buying

Zimbabwe’s markets have been roiled after a tax increase last week triggered panic buying of gasoline and spurred individuals to turn to equities as a refuge against rising...

Zim economy looks set to implode

HARARE – Zimbabwe's economy is heading for an implosion, with parallel market rates bolting, prices spiking...

Worried Zimbabweans fill up cars and stockpile goods, bank sees improvement soon

Zimbabwe’s central bank governor sought to reassure the public on Saturday as people again formed long...

CiZC response to Zimbabwe’s monetary policy statement

Reserve Bank of Zimbabwe (RBZ) Governor, Dr. John Mangudya on October 1, 2018 presented the 2018...

Zimbabwe government de-dollarises, piles taxes on transacting public

Harare ‑ The Zimbabwean government has de-dollarised the economy by reintroducing local currency bank accounts, which will...

Zimbabwe slaps ‘catastrophic’ tax on electronic transactions

Zimbabwe’s newly appointed Finance and Economic Development Minister Mthuli Ncube has announced a 2 cents per...

Zimbabwe’s new finance minister says ‘fiscal shock’ needed for reform

NEW YORK (Reuters) - Newly appointed Zimbabwean Finance Minister Mthuli Ncube would like to employ a...

UK financiers to lead re-engagement with Zimbabwe

Zimbabwe’s liquidity crisis continues to worsen six weeks on from its contested elections. While local financiers...

Shortages and price rises spark concern in Zimbabwe

Zimbabwe is experiencing a wave of rising prices of basic goods and shortages of crucial commodities...

‘There is no fuel crisis in Zimbabwe’ – Reserve Bank governor

Zimbabwe's reserve bank governor John Mangudya, has reportedly assured Zimbabweans that there is "no fuel crisis"...

A two-day crash in Zimbabwe’s mobile money system shows the vulnerabilities of going cashless

Harare, Zimbabwe - Although mobile money has become the leading transaction platform in Zimbabwe, its weaknesses came...

Cash shortages MPs demand answers

Zimbabwe's Zanu-PF MPs reportedly grilled Finance minister Patrick Chinamasa during a parliamentary discussion this week for...

Zimbabwe sticks to plan to pay $1.8 billion debt

Zimbabwe stuck to its plan to clear about $1.8 billion debt arrears by September with the...

Zimbabwe in tight timeline to repay arrears, seek more funding

NEW YORK (Reuters) - Zimbabwe stuck on Monday to its plan to clear its debt arrears...

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