The crisis-hit country is facing another bout of sharply rising prices, with official inflation now at nearly 100 per cent
‘In practice, bond notes have rarely traded at 1:1 with the US dollar. On the black market, the rate can be as high as 4:1’
Decision is meant to stabilise the economy — but analysts are not convinced
Zimbabweans reflect on the anniversary of Mugabe’s resignation
Zimbabwe’s economy is in dire straits. President Emmerson Mnangagwa has promised to stabilise the economy ‘soon’ but not everyone is optimistic
Years of political instability and economic mismanagement under the rule of ZANU-PF have left Zimbabwe’s financial system in chaos
‘Bond notes were the government’s short-term answer to its long-term economic problems but now this is proving to be an expensive mistake’
Twenty-eight Zimbabwean activists were charged on Monday over post-election violence as Britain condemned a ballot recount as an attempt by President Robert Mugabe to "steal" the vote. The hearing at the Harare Magistrates’ Court came as Mugabe’s government rejected allegations that it was arming groups of vigilantes.
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/ 18 February 2008
Zimbabwe’s ruling party, shaken by internal divisions and a potentially strong election challenge to President Robert Mugabe, will expel candidates running against its official nominees in the March vote, the official media said on Monday. An independent observer group, meanwhile, has reported widespread vote-buying attempts.
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/ 3 September 2007
Zimbabwe’s government has taken over United States food giant HJ Heinz’s 49% stake in the African nation’s leading cooking oil maker for ,8-million. The transaction is the first major deal involving the takeover of a firm following President Robert Mugabe’s vow to give Zimbabweans greater control over foreign-owned assets.