Zimbabwe

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.

Zimbabwe slams veterans as ‘traitorous’ rebels

Zimbabwe's ruling Zanu PF party has hit back against war veterans' withdrawal of support for President Robert Mugabe, branding the decision ... "traitorous".

Zimbabwe regulator turns down power tariff hike request

Zimbabwe'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.

Zimbabwe battles cash woes as people reject alternative currencies

The 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.

Zimbabwe’s economic woes worsen

Zimbabwe's economic difficulties have deepened after it defaulted on its commitment to repay its three preferred creditors — the International ... Monetary Fund (IMF), World Bank (WB) and the African Development Bank (AfDB) – $1.8 billion by June 30.

Zimbabwe protest leader’s day in court gathers thousands

A 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.

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.

Zimbabwe protestors strike, tweet and fight in bid to ‘shut down’ country

Tensions rose across Zimbabwe on Tuesday as doctors, teachers and nurses walked out on strike over unpaid wages a day after violent clashes between ... police and taxi drivers in separate protests over economic mismanagement.

Zimbabwe’s agriculture can be competitive internationally

Zimbabwe' 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.

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

Zimbabwean 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.