Costs are rising, investment is falling and customers are using less money on their cellphones, according to the latest quarterly report on Zimbabwe’s telecoms just released by the industry regulator.
The latest report, for...
Zimbabwe owes US$196 million to the world’s airlines in
unremitted ticket sales, and the International Air Transport Association (IATA)
has warned President Emmerson Mnangagwa that the debt could force operators to reduce
flights into the country.
Public sector workers have rejected a government offer of ZWL$180 million in added pay for the July-December period as inadequate in the face of soaring inflation, a union official said.
Zimbabweans are angry as...
Zimbabwe may consider withdrawing from the Convention on International Trade in Endangered Species because the organization won’t allow it to sell its ivory stockpile.
The southern African nation with the world second-largest population of...
Zimbabwe’s trade deficit narrowed significantly in the first three months of 2019, following a 6% increase in exports as well as the imposition of measures to throttle imports.
Finance Minister Mthuli Ncube, who is...
HARARE (Reuters) - 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 fiscal discipline that could...
Zimbabwe owes US$200 million to foreign fuel suppliers, making new imports difficult as the companies require cash up front, Energy Minister Fortune Chasi and central bank governor John Mangudya have said.
Zimbabwe is facing...
Finance Minister Mthuli Ncube on Wednesday faced MPs’ questions on the economy, in a session marked by a new round of heated policy debate with Tendai Biti, a former Finance Minister.
Highlights:...
Tanzania’s stay-at-home President John Magufuli has extended his visit to Zimbabwe and offered to sell some of his country’s surplus grain to the drought-hit southern African country, officials close to ongoing discussions said on Wednesday.
Zimbabwean police did not arrest anyone for drunk driving for more than a year, as road accidents went up by about 25% over the period, official statistics show.
The failure to make any arrests...
