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.
Fuel price: ED digs in despite violent protests
President Emmerson Mnangagwa has defended this week’s steep fuel price increase amid violent protests which rocked Harare and Bulawayo on Monday.
Mnangagwa announced a...
