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Zimbabwe and EU begin political talks
Zimbabwe and the European Union began political talks today aimed at turning the page on hostile relations during Robert Mugabe’s rule, a step that could enable a resumption of direct…
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Zimbabwe says 60 percent of its projects are on target
Zimbabwe, which is currently going through a severe economic crisis, said yesterday 54 projects that the government is implementing, representing 60 percent of government projects, were on target while 14…
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Zimbabwe pins hopes on the tripartite negotiating forum
Zimbabwe, which is experiencing run-away prices as business continues to peg prices on the black-market rate of the local currency against United States dollar, is now pinning its hopes on…
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We want our money back Mthuli Ncube tells farmers who defaulted on command agriculture loans
Finance Minister Mthuli Ncube told Parliament that 30 percent of the farmers who benefitted under the government’s Command Agriculture scheme had not repaid their loans and will be black-listed. He…
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Only 6 women shortlisted for Zimbabwe Anti-Corruption Commission interviews
Only six women out of 38 candidates have been shortlisted for interviews to join the Zimbabwe Anti-Corruption Commission, according to the list published today. The chair, Justice Loice Matanda-Moyo, was…
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Zimbabwe retail shops could close in two months if prices continue escalating
An economic commentator has warned Zimbabwe businesses to restrain themselves from wanton price increases saying they could close in two months due to consumer resistance. “The next two months will…
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IMF uncomfortable with Zimbabwe’s use of mineral-backed loans
Foreign loans that use minerals as collateral may complicate Zimbabwe’s future negotiations with foreign creditors to restructure its $8.8 billion debt, an International Monetary Fund official said today. Unable to…
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Why the Zimbabwe Exchange rate is running as if there is no tomorrow
Economist Eddie Cross says Zimbabwe is failing to stabilise its economy because it has created a network of corrupt individuals and organisations that involves decision makers in government and in…
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Zimbabwe not borrowing externally, to cut central bank borrowing from $3 billion to $400 million
Zimbabwe will not borrow externally and will cut reliance on the central bank to finance deficits during an IMF staff-monitored programme in a bid to set a track record of…
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Chasi- new broom or just making the necessary initial noises?
Zimbabwe Energy Minister Fortune Chasi has come out guns blazing, threatening to deny licences to oil companies that are not towing the line and bringing power utility employees who were…