The incoming Zimbabwean central bank governor will focus on regulation rather than money controls in a country which has abandoned its own currency.
Ravens squawk from the rooftop of a building, once a top producer of animal feed that employed hundreds in Zimbabwe’s second city of Bulawayo.
Hundreds of bodies exhumed from a disused mine in Zimbabwe have turned into fodder for President Robert Mugabe’s propaganda.
Zimbabwe’s energy minister has been arrested again, drawing accusations of a plot to whittle away at Prime Minister Morgan Tsvangirai’s majority.
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/ 31 October 2010
Luke Nyoni thought dollarising Zimbabwe’s economy meant an end to inflation, but the weaker greenback is causing headaches.
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/ 28 September 2010
Zimbabwe cellphone subscribers have increased four-fold since a unity government took office, but firms say they battle to attract investors.
Two years after agreeing to form a unity government, Zimbabwe’s squabbling political leaders are hinting at new elections for next year.
Douglas Mhembere had only a plastic bag in hand when he took over a farm eight years ago under Zimbabwe President Robert Mugabe’s land reforms.
Zimbabwe on Wednesday opened the first sale of diamonds from its Marange fields since international regulators partially lifted a ban.
A special monitor found that Zimbabwe had complied with minimum standards for human rights.
Zimbabwe’s rival leaders faced fresh pressure on Thursday to mend their differences and push toward new elections.
South African President Jacob Zuma on Wednesday opened talks with Zimbabwe’s feuding leaders.
Since testing positive for HIV six years ago, Cecilia Chinhamo has endured a torrent of verbal abuse from her husband.
Zimbabwe’s gold mines are dusting themselves off after the unity government deregulated the industry, ending a two-decade state monopoly.
Africa’s main trading bloc opens a summit on Sunday to launch a customs union that will stretch across the continent in a bid to boost regional trade.
The sale of Zimbabwe’s state-owned cellphone operator NetOne is generating huge interest, said chief executive Reward Kangai.
Zimbabwe’s post-election crisis intensified on Monday after a high court judge threw out an opposition demand for the immediate release of results from the March 29 presidential polls. The opposition reacted angrily to the ruling, urging Zimbabweans to show their disgust at the hold-up by launching a general strike from Tuesday.
Zimbabwe President Robert Mugabe faced mounting pressure on Thursday over presidential poll results as rival Morgan Tsvangirai ramped up his charm offensive ahead of a regional weekend summit on the crisis. While Mugabe has lain low at home, Tsvangirai has launched a diplomatic drive in recent days.
Zimbabwe awaited a key court ruling on Tuesday, which could order an end to the 10-day wait for presidential election results as pressure on veteran leader Robert Mugabe mounts. The High Court was due to rule on a petition by the opposition demanding the electoral commission immediately declare the outcome of the March 29 polls.
Reviving Zimbabwe’s moribund economy would require inflation-battered citizens to swallow the bitter pill of reduced state spending and higher interest rates to attract foreign cash, analysts say. The ousting of veteran President Robert Mugabe is essential to pave the way for reforms to put the country back on track, they believe.
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/ 28 October 2007
An escalating energy crisis has pulled the plug on hopes of reviving Zimbabwe’s economy as production grinds to a halt in a manufacturing sector already battling sky-high inflation. Although central bank chief Gideon Gono said that shelves would soon be full again after a pricing crackdown, analysts say the power deficit will accelerate the meltdown as inflation nears 8Â 000%.
Zimbabwe on Wednesday postponed the release of monthly figures that were expected to show the country’s inflation cross the 1 000% threshold, one of the highest rates in the world. Samuel Undenge, deputy minister for economic development, said the results were not released "because of a logistical issue" but would be announced "in due course".
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/ 24 September 2004
The International Monetary Fund (IMF) has expressed concern over the country’s banking sector, which it says is a credit risk. Analysts say this means that incidents of bad debt in the financial sector are high.