Zimbabwe

Zimbabwe: Decline in diamond production as tobacco earnings drop

Zimbabwe 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.

Zimbabwe’s Ivory stockpile conundrum

Zimbabwe legislators are advocating for a withdrawal from the Convention on International Trade in Endangered Species (CITES) in protest over ... ivory sale ban.

Zimbabwe’s ruling party ‘will punish’ dissenting war veterans, Mugabe says

Zimbabwe's President Robert Mugabe said he "will punish" the country's influential war veterans association in his first address since the former ... soldiers issued a scathing critique of his leadership last week.

Zimbabwe stock market records $104 trade

The Zimbabwe Stock Exchange (ZSE) recorded turnover of $104 on Tuesday as investor confidence in the troubled country plunged to new lows. ...

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.