Govt grants 3-month amnesty for return of stolen funds
Zimbabwe President Emmerson Mnangagwa on Tuesday granted a three month amnesty for return of funds and assets he says were illegally moved out of the country. “As a first step… Read more »
Category: Zimbabwe
My government will be leaner, says Mnangagwa
Newly installed Zimbabwe president Emmerson Mnangagwa says his administration will be leaner to cut costs and improve efficiency. Meeting with heads of ministries at the State House, Mnangagwa also said… Read more »
No healthy bond with notes
A WEAK currency is the sign of a weak economy, and a weak economy leads to a weak nation, American business magnate Ross Perot once said. NDAMU SANDU Zimbabwean depositors… Read more »
IMF lays down the law for post-Mugabe Zimbabwe
Even before Emmerson Mnangagwa was inaugurated as president last Friday, the International Monetary Fund (IMF) issued a list of demands that post-Mugabe Zimbabwe must meet before being reconsidered for financial… Read more »
Coming from the brink: Zimbabwe can take inspiration from Rwanda
Former President Robert Mugabe’s fall was quick and dramatic, but cleaning up after him will take much longer. The celebrations were long,hard and often hilarious, a relief at finally facing… Read more »
Trade deficit narrows to $1,56 billion
ZIMBABWE’S trade deficit narrowed by 28% to $1,56 billion in the 10 months of the year on the back of increased exports despite an uptick in imports, latest trade data… Read more »
Govt to arrest cash shortages: President
PRESIDENT Emmerson Mnangagwa has promised to arrest the ongoing cash shortages which have seen most citizens relying on the parallel market to get hard cash. The President said this on… Read more »
Imports From South Africa Close To $2b In 10 Months, Trade Deficit Decreases Though
In the 10 months, January to October 2017 Zimbabwe had a trade deficit of $1.6 billion. The imports during that time reached $4.5 billion against exports of only $2.9 billion…. Read more »
Britain makes first ‘re-engagement’ move
Britain has pledged to work closely with the new Zimbabwean Government, with a view to turn around the economy following the inauguration of President Emmerson Mnangagwa as the country’s new… Read more »
Zimbabwe needs immediate economic reforms, warns IMF
Zimbabwe must act quickly to dig its economy out of a hole and access international financial aid, the International Monetary Fund has warned. Government spending and foreign debt are too… Read more »