Mail & Guardian
Mail & Guardian
zimbabwean economylatest news & developments

Recovery rattled

Indigenisation has seriously nailed Zimbabwe’s financial markets. Jason Moyo reports.

In God we trust

In God we trust

The dollarisation of Zimbabwe’s economy has been good for many in the country but not for money traders on the formerly booming black market.

Zim govt crisis meeting

Renewed farm violence is a major hurdle in gaining access to foreign aid, writes Jason Moyo.

ICU for Zim’s science agenda

Science takes time. But Zimbabwe’s new minister of science and technology development has only been in the job for about a month.

The cost, in rands, of a Zim bail-out

If South Africa loans Zimbabwe R6-billion, we won’t have an emergency fund for natural disasters, reports Maya Fisher-French.

Gono under pressure to go

Gideon Gono, governor of the Reserve Bank of Zimbabwe, seems determined to cling to his job amid mounting opposition clamour for his removal.

The land of pedestrian millionaires

Forget cholera and hunger. The new kid on the block of crises in Zimbabwe is change.

Zim gold output sinks 64%

Zimbabwe’s gold production plunged by 64,5% in October compared with the same period last year, underscoring the woes of the once vital industry.

Zimbabwe introduces one-million dollar note

Zimbabwe issued three new denominations of banknotes on Wednesday, including a one-million-dollar note.

SA’s boost for Zim farmers

The South African government has earmarked R300-million in the foreign affairs budget vote to assist Zimbabwe’s struggling agricultural sector.

Zimbabwe licenses shops to accept foreign currency

Zimbabwe’s central bank licensed 600 shops on Thursday to sell goods in foreign currency as it battles a flourishing black market trade.

The wait and see game

Zimbabwe: political settlement will not lead to an immediate transfusion of Western economic assistance, the MDC’s main lever in the settlement talks.

Zim bank chief plans currency reforms

Zimbabwe’s bank chief plans new currency reforms — removing more zeros from the plummeting Zimbabwe dollar and raising the limit on cash withdrawals.

No new dawn

The secret talks between Morgan Tsvangirai and Robert Mugabe are not a "new dawn" for Zimbabwe, as some South African media seem to imagine.