Mail & Guardian
Mail & Guardian
mthuli ncubelatest news & developments
Under the sanctions law, the Zimbabwe Democracy and Economic Recovery Act of 2001, the US Secretary of the Treasury votes against any new loans, credits or debt relief for the Zimbabwean government from international financial institutions. (Shuttershock)
AFRICA

US Republicans propose bill on removal of Zimbabwe sanctions

If the Department of State Policy Provisions Act is passed into law, the US will support Zimbabwe borrowing money from international lenders such as the World Bank

  • Lenin Ndebele
2 min read
An illegal money trader holds out a wad of ZImbabwe dollar notes on January 26, 2022, in the streets of Bulawayo, Zimbabwe. Inflation is on the rise leading to cash shortages.
BULAWAYO

Zimbabwe’s loan sharks smile as runaway inflation looms again

Well before Zimbabwe’s economy took a hit in the late 1990s, spurring world-record inflation, usury was a part of the daily lives of working-class households in South Africa’s…

  • Marko Phiri
10 min read
The UN has fiercely criticised the government reaction to the protests as allegations mount of shootings, beatings and abductions of opposition figures, activists and ordinary residents. (Philimon Bulawayo/Reuters)
DAVOS WORLD ECONOMIC FORUM

Zimbabwe president ends foreign tour after protests

The crackdown has underlined fears of a return to the violent repression of Robert Mugabe, who was ousted from power by the military 14 months ago

  • Agency
1 min read
Patients await treatment at a makeshift cholera clinic in Harare. (Philimon Bulawayo/Reuters)
CHOLERA

Zimbabwe scrambles to contain cholera outbreak as death toll rises

Government says it plans to remove accumulated trash, address sewerage issues in the capital in response to this most recent outbreak

  • Mashadi Kekana
3 min read
Mthuli Ncube is an Oxford University professor and former vice president of the African Development Bank. (Matthew Jordaan/World Economic Forum)
CABINET MINISTERS

Zimbabwe president names new finance minister to revive economy

Ncube has the tough task of reviving an economy wrecked under Robert Mugabe, who was ousted last year

  • Agency
2 min read
AFRICAN DEVELOPMENT BANK

EU banks refuse loans to firms doing business with Africa

Europe’s debt crisis has led banks there to refuse to lend money to firms trading with Africa, threatening growth on the continent.

  • Ed Cropley
2 min read