ZBC broke

The Zimbabwe Broadcasting Corporation is broke. It is realising only US$275 000 per month but needs US$2.3 million of which US$1.6 million is for workers' salaries. Deputy Information Minister Supa…

Top stories for November 16-20

Inflation drops-Zimbabwe’s inflation was today reported to have declined to 0.59 percent in October, despite the liquidity crisis in the country, largely because of the weakening South African rand. South Africa is Zimbabwe’s main trading partner accounting for 40 percent of total exports and 60 percent of total imports. The Zimbabwe National Statistics Office says that because of the tight liquidity situation, there is an across-the-board weakness in consumer spending or low aggregate demand.

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Lift sanctions

The Kimberley Process Certification Scheme today called on the United States to lift sanctions on Zimbabwe's diamonds. South Africa's Welile Nhlapo, who currently chairs the diamond watchdog, said: "We hope…