Edition:
United States

Nelson Banya

UPDATE 2-Zimbabwe to switch to managed float exchange rate in latest move

Mar 11 2020

HARARE , March 11 Zimbabwe will adopt a "managed float" exchange rate regime, Finance Minister Mthuli Ncube said on Wednesday, abandoning strict control of foreign exchange by the central bank in the latest in a series of currency reforms that have so far failed.

Zimbabwean artist's dynamic stone sculptures find global acclaim

Mar 06 2020

HARARE When Dominic Benhura started creating traditional Zimbabwean stone sculptures as a teenager four decades ago, he never imagined that art would bring him fame or fortune.

Zimbabwe's president pleads for patience in bringing economy back from 'dead'

Oct 01 2019

HARARE Zimbabwe's President Emmerson Mnangagwa on Tuesday pleaded for time and patience to bring the economy back from the "dead", as his government faces blame for surging inflation evoking dark days under Robert Mugabe.

Power crisis turns night into day for Zimbabwe's firms and families

Aug 01 2019

HARARE Around 9 p.m., a siren pierces the pitch-black night at the Willowvale industrial park in Zimbabwe, signaling that power has been restored after a day-long outage. | Video

Power crisis turns night into day for Zimbabwe's firms and families

Aug 01 2019

HARARE, Aug 1 Around 9 p.m., a siren pierces the pitch-black night at the Willowvale industrial park in Zimbabwe, signalling that power has been restored after a day-long outage.

UPDATE 2-Zimbabwe c.bank eases forex rules for some in bid to improve dollar flows

Jul 24 2019

* C.bank hopes to unlock $1.3 bln held by firms, individuals (Adds detail, quote)

Zimbabwe public worker strike on the cards after pay offer rejected

Jul 17 2019

HARARE Zimbabwe’s public sector workers on Tuesday night rejected the government's latest pay offer as insufficient in the face of soaring consumer prices, raising the likelihood of unofficial strike action on Wednesday.

UPDATE 1-Zimbabwe public worker strike on the cards after pay offer rejected

Jul 16 2019

HARARE, July 16 Zimbabwe’s public sector workers on Tuesday night rejected the government's latest pay offer as insufficient in the face of soaring consumer prices, raising the likelihood of unofficial strike action on Wednesday.

Zimbabwe public workers threaten strike over wages

Jul 16 2019

HARARE Zimbabwe's public workers on Tuesday said they would go on strike if the government failed to increase their wages to at least $475 per month for the lowest paid employee, as resurgent inflation returned.

Zimbabwe's Mnangagwa talks up currency reform but business wary

Jun 25 2019

HARARE Zimbabwe's President Emmerson Mnangagwa said on Tuesday that a decision to ban the use of foreign currencies was an important step to repair the economy, but local business people and investors were wary a day after the reform was announced.

World News