LATEST ARTICLES

IMF on Zim unrest: Fiscal policy on ‘right direction’ but needs stability to work

Zimbabweans must “collaborate peacefully” after last week’s unrest in order to stabilise the economy, the International Monetary Fund (IMF) says. Finance Minister Mthuli Ncube’s...

South Africa turns down $1.2b loan for Zim, in talks to help debt payoff

South Africa has turned down a request from Zimbabwe for a $1.2 billion loan, a spokesman for the country’s finance ministry said on Monday.

CZI: Capacity utilisation rose in 2018, but expect a sharp drop in 2019

Capacity utilisation of Zimbabwe’s industries will fall to just 34.3% this year, reversing an improvement seen in 2018, according to a report just released by the Confederation of Zimbabwe...

Zimbabwe needs its own currency – Tito Mboweni

Zimbabwe should look at introducing its own currency to solve the financial crisis, South African Finance minister Tito Mboweni says.  South Africa’s National Treasury...

Russia’s Uralchem bids for at least 50% of Zim fertiliser firm

Russian fertiliser giant Uralchem, which has bid to invest in Zimbabwe’s largest fertiliser maker Chemplex, will not agree to any minority stake in the Zimbabwean firm.

From Russia, with love and rage: ED signs two major mining deals in Moscow,...

President Emmerson Mnangagwa has signed two major mining deals during his tour of Russia, but they have been overshadowed by the political crisis back at home.