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Thu,23Nov2017

Zimbabwe

The art of midwifing elections in Africa

File photo©Schalk van Zuydam/AP/SIPAMany countries in Africa conduct general elections regularly. Electoral management bodies have the responsibility to ensure free and fair elections. But what are their score cards so far?

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Zimbabwe: Traders threaten class suit against opposition, MDC-T planning Zanu-PF business boycott

Several protestors and journalists were assaulted as demonstrators marched peacefully to the capital's main police station in a demonstration dubbed Zimbabwe's former prime minister, Morgan Tsvangirai could face an unlikely class action lawsuit from informal traders in Harare, who claim their businesses were looted and destroyed by protesters following protests fronted by the National Electoral Reform Agenda.

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Zimbabwe stops hiring public workers as it struggles to pay

Harare owes $110 million to the IMF, $600 million to the African Development Bank and $900 million to the World Bank. Photo©AP/SIPAZimbabwe has stopped hiring new state workers after failing to pay its soldiers and teachers on time, according to an official notice, as President Robert Mugabe's government struggles with a big financial squeeze.

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Zimbabwe sets up credit bureau as banks reel from defaults

Zimbabwe Reserve Bank Governor, John Mangudya. Photo©Tsvangirayi Mukwazhi/AP/SIPAZimbabwe's central bank will this month set up a credit reference bureau as it tries to improve credit risk management in the country's financial services sector, weighed down by non-performing loans.

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Zimbabwe: Draft mining bill compels companies to list locally

Zimbabwe's Finance Minister Patrick Chinamasa. Photo© Tsvangirayi Mukwazhi Zimbabwe is set to restrict ownership of mining concessions to only firms listed on the local stock exchange, a draft mining bill has proposed.

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Zimbabwe opposition leaders in joint anti-Mugabe protest agreement

A man carries a poster with a message for Zimbabwean President Robert Mugabe during demonstrations in Harare, Wednesday, Aug. 3, 2016. Photo©Tsvangirayi Mukwazhi/AP/SIPAZimbabwe's opposition parties are planning a 200,000-man march in the capital Harare on August 26, as part of growing measures to force veteran ruler President Robert Mugabe to step down.

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Zimbabwe sets ambitious economic growth target

Photo©AP/SIPAZimbabwe says it plans to grow its economy by 6.6 per cent over the next two years, a huge ask for a country whose economic growth has been on a downward spiral in the last two years, only growing by 1.5 per cent last year.

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Zimbabwe moves in to clamp online dissent

File photo©STR/AP/SIPAZimbabwe's opposition Movement for Democratic Change (MDC-T) has been accused of working with "cyber terrorists" to issue "subversive and inflammatory messages on social media".

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Mugabe party ditches liberation war fighters after fallout

President Robert Mugabe. Photo©Tsvangirayi Mukwazhi/AP/SIPAZimbabwe's former liberation war fighters say they 'will now work with ordinary citizens' after the ruling Zanu PF party purged their senior leaders for calling on President Robert Mugabe.

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Zimbabwe: Decline in diamond production as tobacco earnings drop

More than half of Zimbabwe's tobacco crop is exported to China every year. Photo©Tsvangirayi Mukwazhi/AP/SIPAZimbabwe will fail to reach its targeted diamond output for 2016 of 6 million carats, with the government saying this is due to the disruptions that characterised the consolidation of mining operations at the vast diamond fields in the eastern part of the country early this year.

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Industrial rescue plan for Zimbabwe

The United Nations Industrial Development Organisation (UNIDO) has unveiled a $22.6 million rescue package for Zimbabwe to resuscitate the collapsed pharmaceutical and manufacturing sectors.

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Zimbabwe regulator turns down power tariff hike request

Charlie Riedel/AP/SIPAZimbabwe's energy regulator has turned down an application by the state-run power distributor to raise electricity tariffs by nearly 50 percent because it would hurt a struggling economy, it said on Thursday.

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Zimbabwe battles cash woes as people reject alternative currencies

Photo©Victor R. Caivano/AP/SIPAThe Reserve Bank of Zimbabwe (RBZ) has commissioned a survey to quantify the usage of currencies under the multi-currency regime a the country continues to battle a liquidity crunch seven years after it abandoned its own currency.

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Zimbabwe protest leader's day in court gathers thousands

Evans Mawarire. Photo©Tsvangirayi Mukwazhi/AP/SIPAA court appearance* for a pastor who has helped mastermind one of Zimbabwe's largest civil society anti-government protests has drawn thousands of supporters to the court building.

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Zimbabwe ruling party says not moved by country 'shutdown'

Zimbabwe's ruling Zanu PF party says it was not shaken by a massive job boycott that paralysed the country on Wednesday and vowed to crackdown on dissent.

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Zimbabwe's agriculture can be competitive internationally

File photo©John Locher/AP/SIPAZimbabwe' agricultural produce has vast potential not only to compete favourably in European (EU) Union markets, but to reach high levels of international competitiveness, although some conditions have to be met.

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Zimbabwe state asset manager takes up $480 million in bad debt

Photo©ReutersZimbabwean state-owned asset management firm has taken up $480 million in bad loans from banks to help restore viability in the financial sector since its launch two years ago, its chief executive said on Thursday.

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Zimbabwean businesses unhappy over obsession with politics

Zimbabwe's Vice-President Emmerson Mnangagwa. Photo©Tsvangirayi Mukwazhi/AP/SIPAZimbabwean businesses say they are concerned that politics is taking precedence over economic issues in a country facing a number of challenges.

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Zimbabwe authorities worry over Dangote investment delays

Aliko Dangote. Photo©Sunday Alamba/AP/SIPANigerian billionaire, Aliko Dangote's delay in implementing a planned $1.2 billion investment project in Zimbabwe is increasingly worrying the Zimbabwe Investment Authority (ZIA).

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Zimbabwe: A cautious celebration of Brexit  

Photo©Yorgos Karahalis/AP/SIPAZimbabwe is cautiously celebrating Britain's imminent exit from the European Union (EU) and is hoping it can get a better bloc from the 27-nation bloc, as it has long felt Whitehall was responsible for its crises.

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