Careers & Tenders
Subscribe

Zimbabwe Allied Banking Group

No image available
Africa
/ 25 March 2008

Economic crisis haunts Zim polls

Zimbabweans go to the polls on Saturday hoping for an end to a chronic economic crisis that has condemned millions to grinding poverty and prompted the exodus of up to a third of the population. The joint presidential, legislative and local council polls come at a time when the country’s inflation rate has breached the 100 000% mark.

By
No image available
Article
/ 28 October 2007

Energy crisis compounds problems in Zimbabwe

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 8 000%.

By