HARARE, Oct 11 A shortage of foreign exchange in
Zimbabwe has hit the surrogate 'bond note' currency, driven
prices upwards and sent a ripple of fear through the economy but
one institution has never looked so good: the stock market.
* Dollar woes continue, causing shortages and price
(Adds context, Ncube meeting U.S. official)
HARARE Zimbabwe's central bank governor sought to reassure the public on Saturday as people again formed long queues to fill up their cars in the capital, with others panic-buying basic goods like cooking oil and sugar.
HARARE Zimbabwe's statistics agency has rebased some of its economic statistics, in an unexpected move that the finance minister said on Friday had increased the nominal size of the struggling economy by more than 40 percent.
* Signals reforms to civil service, media freedoms
(Adds detail, background)
HARARE Zimbabwe's economy is likely to grow more than 5 percent in 2018, rather than the earlier estimate of 4.5 percent, but a widening budget deficit risks destabilising the financial sector and the whole economy, the finance minister said on Monday.
HARARE, Oct 1 Zimbabwe's economy is likely to
grow more than 5 percent in 2018, rather than the earlier
estimate of 4.5 percent, but a widening budget deficit risks
destabilising the financial sector and the whole economy, the
finance minister said on Monday.
HARARE Zimbabwean opposition lawmakers walked out of President Emmerson Mnangagwa's state of the nation address to parliament on Tuesday, signaling their lingering bitterness after losing a disputed July 30 presidential and parliamentary election.
HARARE The World Health Organization and the Red Cross said on Thursday they were ramping up their emergency responses to Zimbabwe's deadliest cholera outbreak in a decade, with politicians trading blame over contaminated water and collapsing infrastructure. | Video
HARARE Zimbabwe's new finance minister said on Monday he would accelerate plans to pay arrears to the World Bank and the African Development Bank and would work on a three-year programme to cut government spending.