LATEST ARTICLES

No extra power until you pay US$80m arrears, neighbours tell Zimbabwe

Zimbabwe needs to raise US$80 million to clear arrears with its regional electricity suppliers before it can ramp up imports to ease a critical power shortage. 
Zimbabwe power crisis

Power struggle: How corruption and poor planning left Zimbabwe in the dark

Zimbabwe’s power utility says the rolling power cuts the country is facing have been caused by low water levels at Kariba. This is true, but it is...

RBZ in surprise rate cut, issues warning to exporters

The RBZ’s monetary policy committee, which sat on Friday, 15 November 2019 resolved to cut the Bank’s policy rate from 70% to 35% with effect from...

Diamond tycoon sees Zimbabwe ‘glimmer of hope’ ahead of Marange joint venture

John Teeling, the millionaire Irish businessman with interests in AIM-listed explorer Botswana Diamonds, says he sees "glimmers of hope" in Zimbabwe where he is in a joint...

SA tells Zimbabwe: ‘Deep antipathy’ between your leaders stalling your progress

Zimbabwe's economic crisis is linked to its political impasse, but “deep antipathy” between Zimbabwe’s rival political leaders stands in the way of progress, says South Africa’s International...

Making history: After 100 years, A Zimbabwean flag over JCI

By Archibald Mathibela Over the entire year of the term of office of the new President of Junior Chamber International (JCI), the Zimbabwe...
Zimbabwe prices

Zimbabwe has removed subsidies on grain, leaving prices of staples at the mercy of...

Finance Minister Mthuli Ncube has ended subsidies for maize and wheat, a move meant to cut costs, but set to further drive up the cost of staples...

Budget 2020 | Mthuli cuts growth forecast, gives little tax relief

Finance Minister Mthuli Ncube has tempered his economic growth expectations for 2020, forecasting the economy to recover 3%, lower than his initial projection of 4.6%.