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Zimbabwe Economy

Zim: Informal economy fast taking over
Africa
/ 11 April 2014

Zim: Informal economy fast taking over

A recent World Bank report says almost half of Zimbabweans run small businesses on the side.

By Jason Moyo
Return of the Zim dollar?
Africa
/ 11 April 2014

Return of the Zim dollar?

Facing serious funding problems, the Zimbabwean government may switch on the money presses again.

By Kennedy Maposa
Salary crunch for Zim workers
Africa
/ 4 April 2014

Salary crunch for Zim workers

Zimbabwe’s liquidity crunch is taking its toll, but labour groups say bosses are ‘cheating’ their workers.

By Staff Reporter
Zim railway’s pipe dream
Africa
/ 13 March 2014

Zim railway’s pipe dream

National Railways of Zimbabwe has ambitious dreams, but it forgets one key aspect – funding.

By Staff Reporter
Zimbabwe’s economy still stuck in a rut
Africa
/ 24 January 2014

Zimbabwe’s economy still stuck in a rut

Increased imports, reduced exports, a weaker rand and closing firms conspire against Zimbabwe’s recovery.

By News Analysis and Jason Moyo
Zimbabwe’s ailing economy fuels child labour
Africa
/ 13 January 2014

Zimbabwe’s ailing economy fuels child labour

Unicef estimates that 13% of Zimbabwean children are engaged in child labour, a problem spurred by the demise of the country’s manufacturing sector.

By Irin News
Bob funds broke Zanu-PF
Africa
/ 20 December 2013

Bob funds broke Zanu-PF

An internal report from Zanu-PF’s central committee says that pilfering has reached alarming levels.

By Jason Moyo
Zim: No money for revival plan
Africa
/ 25 October 2013

Zim: No money for revival plan

Zimbabwe has a good plan for reviving the economy but how it will finance the massive spending is raising questions.

By Jason Moyo
Zimbabwe will not tolerate ‘exploitative relationships’
Africa
/ 3 August 2013

Zimbabwe will not tolerate ‘exploitative relationships’

Robert Mugabe’s apparent landslide election victory has prompted fears that Zimbabwe’s economy is in for another bumpy ride.

By Sapa
Zimbabwe is pinching its pennies
Africa
/ 26 July 2013

Zimbabwe is pinching its pennies

A moratorium on spending by any government department is in place until after the polls.

By Staff Reporter
Zim: Business wants an end to political uncertainty
Africa
/ 5 July 2013

Zim: Business wants an end to political uncertainty

Zimbabwe’s business sector is hoping for peaceful and credible elections and a clarification on policy in order to foster economic growth.

By Staff Reporter
Investors gambling on Zim polls
Africa
/ 6 June 2013

Investors gambling on Zim polls

For foreign investors from around the world who are watching Zimbabwe, it is not a question of if but when to jump into the market.

By Jason Moyo
Zimbabwe’s changing spaces
Africa
/ 31 May 2013

Zimbabwe’s changing spaces

Blue chip companies are moving out of Harare’s central business district into outlying suburbs as retailers dominate office space.

By Jason Moyo
Zimbabwe minister’s mine fees ‘illegal’
Africa
/ 31 May 2013

Zimbabwe minister’s mine fees ‘illegal’

The Parliamentary Legal Committee is set to reverse mining fee regulations enacted by Minister Obert Mpofu that it says are unconstitutional.

By Staff Reporter
Zim’s trade unions: The roar that is now just a meow
Africa
/ 3 May 2013

Zim’s trade unions: The roar that is now just a meow

Zimbabwe’s trade unions are dead. The Mail & Guardian looks at what went wrong.

By Jason Moyo
Rethinking the Zimbabwean economy
Africa
/ 5 April 2013

Rethinking the Zimbabwean economy

There is need to rethink the imperatives and meaning of a successful Zimbabwean economy, says the country’s Deputy Prime Minister Arthur Mutambara.

By Staff Reporter
Old Mutual feels Zim heat
Africa
/ 28 March 2013

Old Mutual feels Zim heat

The multinational’s local unit is uneasy after the Zimbabwean government targeted it to raise money for elections.

By Kennedy Maposa
Outsiders offer cash to Zim for favours
Africa
/ 15 March 2013

Outsiders offer cash to Zim for favours

Foreign companies have tempted Zimbabwe with money for elections in return for lucrative mining deals.

By Jason Moyo
Foreign banks limit local risk
Africa
/ 15 March 2013

Foreign banks limit local risk

As liquidity problems and bad loans begin to bite, institutions take a cautious approach to lending.

By Kennedy Maposa
Meetings held over Chinese building standards in Zimbabwe
Africa
/ 8 March 2013

Meetings held over Chinese building standards in Zimbabwe

Chinese embassy representatives met with Zim officials after the Mail & Guardian revealed that engineers from a Chinese company evicted inspectors.

By Inyasha Chivara
Zim: Treasury bills on the cards again
Africa
/ 1 March 2013

Zim: Treasury bills on the cards again

Zim’s finance ministry and central bank have threatened to withdraw support for foreign banks for their 
aversion to cash-raising treasury bills.

By Kennedy Maposa
African migrants pay high prices to send money home
Africa
/ 28 February 2013

African migrants pay high prices to send money home

New data from the World Bank has revealed African migrants pay more to send money home to their families than any other migrant group in the world.

By Irin News
Scramble to rescue Zim bank
Africa
/ 22 February 2013

Scramble to rescue Zim bank

The Zimbabwean government is pushing to revive Interfin Banking Corporation because it owes it millions.

By Kennedy Maposa
Foreign money floods Zim Stock Exchange
Africa
/ 15 February 2013

Foreign money floods Zim Stock Exchange

Sound businesses, relatively cheap stocks and good news on the political front provide a solid counter to negative news reports on Zimbabwe.

By Jason Moyo
Zim: Chinese ‘not exempt from indigenisation’
Africa
/ 8 February 2013

Zim: Chinese ‘not exempt from indigenisation’

The Chinese will not enjoy preferential treatment and will not be exempt from Zimbabwe’s indigenisation policy, says Minister Saviour Kasukuwere.

By Ray Ndlovu
China tipping the trade balance in Zim
Africa
/ 8 February 2013

China tipping the trade balance in Zim

Large investment from state-owned firms may overwhelm Zimbabwe’s traditional trading partner, South Africa.

By Jason Moyo
Zim battles to cope with flood of used cars streaming in
Article
/ 8 February 2013

Zim battles to cope with flood of used cars streaming in

Owning a second-hand Japanese vehicle in Zimbabwe has never been so easy. All one needs is a runner and a bribe.

By Jason Moyo
India, China slug it out for Zim spoils
Africa
/ 8 February 2013

India, China slug it out for Zim spoils

The rivalry between China and India for control of Zimbabwe’s mineral resources has intensified, writes Ray Ndlovu.

By Ray Ndlovu
Sugar tax in Zim leaves a bitter taste
Africa
/ 1 February 2013

Sugar tax in Zim leaves a bitter taste

In a move to boost treasury coffers, retailers have been asked to pay backdated VAT on white sugar.

By Kennedy Maposa
Zimbabwean government bank balance ‘down to $217’
Africa
/ 30 January 2013

Zimbabwean government bank balance ‘down to $217’

The country’s finance minister has announced that $217 is all that remains in the public account of the Zimbabwean government.

By Guardian Reporter
Zim: Banks face ownership showdown
Africa
/ 18 January 2013

Zim: Banks face ownership showdown

After the capitulation of the mines, the financial services industry is considering its options.

By Jason Moyo
‘Fear’ drives indigenisation in Zimbabwe
Africa
/ 17 January 2013

‘Fear’ drives indigenisation in Zimbabwe

Foreign firms in Zimbabwe are opting to protect their investments instead of fighting the new Zanu-PF indigenisation law.

By Ray Ndlovu
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