The amount of foreign currency held by the banking sector jumped 38% between September and November 2018, reaching near two-year highs following a central bank directive to separate forex accounts from bond note and electronic deposits, official...
Total payments in the economy declined 10% in November 2018, as the effects of an electronic payment tax introduced the previous month started to hit spending, central bank data has shown. Government raised $170...
It's a paradox that reflects how complex Zimbabwe's problems are; the country is desperate for foreign currency, but it cannot access the foreign currency that it needs, because it has no foreign currency.
Britain will not support Zimbabwe’s debt clearance plan and would not back its application for readmission to the Commonwealth over “sickening” human rights violations seen over the past weeks, the UK’s foreign secretary Harriet Baldwin said Tuesday.
Under the cover of the protest mayhem two weeks ago, a group of armed men broke into the country’s Chiadzwa diamond fields. The Government insists that the unidentified group only got away with...
Sekai Hwangwa was asleep when soldiers carrying guns burst into her home in Zimbabwe’s capital during a deadly crackdown on anti-government protests this month and beat and raped her. The 21-year-old, who was too afraid to...
Zimbabwe is viewed as one of the world’s 20 most corrupt countries, according to a new report by graft watchdog Transparency International. The 2018 Corruption Perceptions Index (CPI), which ranks 180 countries by their perceived levels...
Lawyers have marched in Harare in protest at what they describe as the 'fast tracking' of the trials of hundreds of people arrested in recent riots. Below, we publish the petition they submitted to the Chief Justice, Luke Malaba.
Zimbabwe imported 1.63 billion litres of petrol and diesel in 2018, a 24% increase on the previous year, Zimra data has shown. The country has experienced extended fuel shortages since October 2018, as a...
Government collected $166 million through the revised intermediated money transfer tax introduced last October, the Zimbabwe Revenue Authority (Zimra) has said. Finance Minister Mthuli Ncube revised the tax from the previous 5 cents for...
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