Edition:
United States

MacDonald Dzirutwe

Zimbabwe stock market hits record high as investors seek a safe haven

Oct 11 2018

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.

UPDATE 3-IMF and World Bank okay Zimbabwe plan to clear arrears as dollar woes bite

Oct 10 2018

* Dollar woes continue, causing shortages and price increases (Adds context, Ncube meeting U.S. official)

Worried Zimbabweans fill up cars and stockpile goods, bank sees improvement soon

Oct 06 2018

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.

Zimbabwe rebases data, boosting GDP numbers by 40 percent

Oct 05 2018

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.

UPDATE 2-Zimbabwe rebases data, boosting GDP numbers by 40 pct

Oct 05 2018

* Signals reforms to civil service, media freedoms (Adds detail, background)

Zimbabwe sees faster GDP growth but budget deficit could hobble economy

Oct 01 2018

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.

UPDATE 2-Zimbabwe sees faster GDP growth but budget deficit could hobble economy

Oct 01 2018

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.

Zimbabwe opposition lawmakers walk out of Mnangagwa address

Sep 18 2018

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.

Aid agencies ramp up response to Zimbabwe cholera outbreak

Sep 14 2018

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

New Zimbabwe finance minister wants to clear World Bank arrears

Sep 10 2018

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.

World News