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Zimbabwe

Zimbabwe

Population: 16.53 mn.
GDP: $17.85 bn.
Debt: $9.33 bn.

news from Zimbabwe

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Found 525 articles.

Displaying 1-10 out of 525 results.

Austerity first

The Finance Minister’s IMF-backed reforms will impose harsher cuts while aiming to end subsidies for elite farmers

Agricultural subsidy reforms that reach to the heart of Zimbabwe African National Union – Patriotic Front's (ZANU-PF) patronage structure – which underpins the regime &...

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Readying for protest

Mnangagwa tightens the noose on civil activists to distract attention from the faltering economy

The arrest of five civic activists on 20 May typifies the crackdown President Emmerson Mnangagwa's government is implementing. Aware of the penury into which most citizens are forc...


Currency scams block reforms and deepen crisis

Senior ruling party figures are sabotaging the programme to stabilise the country's finances by exploiting their access to US dollars

Two months after the launch of vital currency reforms, the official exchange rate is still way out of line with the parallel market, despite solemn commitments by the government to...


Ncube wins foreign fans

The economy is crashing at home, with worse in the pipeline, but the Finance Minister’s plans are winning support overseas

Backed by France, Japan and South Africa, Finance Minister Mthuli Ncube is pushing a tough economic reform plan to pay off Zimbabwe's international arrears by the end of the year a...


Back to the future dollar

The Reserve Bank’s devaluation of its bond notes and surrogate currencies lays the ground for a new national currency

As food imports dwindle and oppositionists gear up for a fresh round of protests, the government has announced a radical shake-up to its currency regime to boost foreign reserves. ...

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Turbulent beginnings

As protests against austerity grow, factions within the military and ruling party are vying for power and bludgeoning dissent

Everything hangs on the economy in 2019, but the outlook is dire. There are two semi-functional currencies apart from real US dollar notes: electronic 'US dollars' in local bank ac...


Mnangagwa wants his pipeline

A new oil supply route from Beira could relieve the country from dependence on Trafigura and ease shortages, the President believes

Angry at Dutch-based commodities trader Trafigura's control of the country's only oil products pipeline from the Mozambican port of Beira, President Emmerson Mnangagwa has told loc...


Mnangagwa's resolution

A seemingly downbeat Zimbabwe African National Union-Patriotic Front annual conference this month lacked the overt factional fireworks many had expected. Yet it laid down a major p...


Finding for the government

An inquiry into this year’s post-election violence is having unintended consequences for both the President and his chief rival

When President Emmerson Mnangagwa appointed a commission of inquiry to investigate the 1 August 2018 post-election violence, it looked like a further bid by the government for legi...


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