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Zimbabwe opposition backs down from protest to avoid 'blood in the streets'

Aug 16 2019

HARARE Zimbabwe's main opposition party called off planned anti-government demonstrations on Friday, saying it aimed to avert bloodshed after police rounded up its followers and dispersed them with batons and water cannon. | Video

Zimbabwe bans opposition demonstrations, police on high alert

Aug 15 2019

HARARE Zimbabwean police have banned street demonstrations planned by the main opposition on Friday and anyone who takes part would be committing a crime, a police spokesman said, likely escalating political tension in the southern African nation.

Zimbabwe's GDP to shrink as power price hikes pile on economic misery

Aug 01 2019

HARARE Zimbabwe's economy will shrink this year due to a drought, foreign currency shortages and severe power cuts, its finance minister said, as he announced a threefold hike in electricity tariffs that will fuel already crippling inflation.

In Zimbabwe, risk perception trumps orthodoxy as inflation soars

Jul 18 2019

JOHANNESBURG Zimbabwe's Finance Minister Mthuli Ncube seems to be doing everything by the book as he pursues orthodox economic policy often prescribed by the global "Bretton Woods" lending institutions to try and turn around a sickly economy.

Zimbabwe inflation almost doubles, stirring memories of economic chaos

Jul 15 2019

JOHANNESBURG/LONDON Prices of cooking oil and other basics soared in Zimbabwe as inflation nearly doubled in June, data showed on Monday, piling pressure on a population struggling with shortages and stirring memories of economic chaos a decade ago.

Zimbabwe public workers reject $21 million pay rise

Jul 09 2019

HARARE Public sector workers in Zimbabwe on Tuesday rejected a government offer of 180 million Zimbabwe dollars ($21 million) in added pay for the July-December period as inadequate in the face of soaring inflation, a union official said.

Premium prices attract small farmers back to coffee growing in Zimbabwe

Jul 08 2019

(This story corrects paragraphs 10, 11 of July 3 story to say TechnoServe instead of Technoserve) | Video

UPDATE 2-Zimbabwe poised to raise public workers pay again

Jul 08 2019

HARARE, July 8 The Zimbabwean government is ready to raise civil servants' pay for the second time in three months because incomes have been eroded by soaring inflation, Finance Minister Mthuli Ncube said on Monday, after a labour group threatened protests.

Zimbabwe runs out of passports, adding to long list of shortages

Jul 03 2019

HARARE Zimbabwe has run out of passports and vehicle registration number plates, forcing citizens to wait for long periods to get them - yet another sign of a desperate shortage of U.S. dollars in the southern African nation.

Zimbabwe to allow U.S. dollar cash withdrawals from some accounts

Jul 01 2019

HARARE Zimbabweans will be allowed to withdraw up to 1,000 U.S. dollars in cash a day from foreign currency accounts, Finance Minister Mthuli Ncube said on Monday, as the country prepares to relaunch its own currency after a decade of dollarization.

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