Search / Imf
Whites score big against blacks - land compensation
Land is and was at the centre of all political developments for the indigenous black Zimbabwean population's pre and post independence movements. The liberation war against white minority rule's black...Published: 7 hrs ago | 1794 | by Terence Simbi
Can Zimbabwe manage to de-dollarize
The Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monitory Area (CMA), also refer...Published: 8 hrs ago | 2578 | by Victor Bhoroma
PHOTOS: Wicknell Chivayo carrying US$1 million in cash
Controversial businessman Sir Wicknell Chivayo has posted photos of himself with US$1 million in cash on top of a desk at what looks like his office. ...Published: 22 Apr 2019 at 09:36hrs | 9972 | by Mandla Ndlovu
Where is Mnangagwa taking us to?
I DROVE up the window of the tollgate and the man on duty asked me: "Eddie, where are we going?" He was not asking what my destination was, but where did I think the country was going.Last nig...Published: 22 Apr 2019 at 08:40hrs | 7765 | by Eddie Cross
Land compensation and IMF re-engagement: A legacy of an Anti-poor government.
The full import of Mnangagwa's Zimbabwe is open for business mantra is now being painfully realized by the working class of Zimbabwe. Salaries of the workers have been eroded, the majority of our popu...Published: 21 Apr 2019 at 20:10hrs | 2203 | by Obert Masaraure
A look into Zimbabwe's tanking economy
The country's largest gold producer is on the brink of collapse because of government's warped foreign currency retention policy; the cost of bread has gone up, more than three times in hardly a month...Published: 21 Apr 2019 at 08:50hrs | 578 | by Staff reporter
Anti-sanctions crusade heats up
The push for the United States government and the European Union (EU) bloc to remove the two-decade-old sanctions imposed on Zimbabwe is beginning to snowball with international organisations adding a...Published: 21 Apr 2019 at 08:10hrs | 339 | by Staff reporter
Can Zimbabwe manage to de-dollarise?
THE Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monetary Area (CMA), also refer...Published: 19 Apr 2019 at 11:08hrs | 732 | by Victor Bhoroma
'Drop sanctions' said Washington experts - burning tyres producing lots of obnoxious smoke but little heat and no light
"Experts in Washington, discussing whether or not Zimbabwe is a source of shame or opportunity for Africa, were unanimous in their position that targeted sanctions were hurtful to the country, and mus...Published: 18 Apr 2019 at 07:44hrs | 677 | by Nomusa Garikai
Zimbabwe marks 39th Independence Day amid economic crises
Thousands of people will gather today to watch a military-civilian parade in the capital, Harare, as Zimbabwe marks the 39th anniversary of its independence from Britain.Thousands of people ar...Published: 18 Apr 2019 at 07:19hrs | 380 | by Staff reporter
Washington experts call for end to Zimbabwe sanctions
Experts in Washington, discussing whether or not Zimbabwe is a source of shame or opportunity for Africa, were unanimous in their position that targeted sanctions were hurtful to the country, and must...Published: 17 Apr 2019 at 07:53hrs | 2708 | by VOA
RTGS$ to stabilise, gain value, insists Mthuli Ncube
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has expressed confidence that the RTGS dollar will stabilise and gain value beyond the prevailing market volatility as Government for...Published: 17 Apr 2019 at 07:02hrs | 3291 | by Staff reporter
'IMF will re-engaging to provide social protection' - just don't bankroll Zanu PF again
"Well, first of all, I would like to reaffirm that we will be conducting a Staff Monitoring Programme with Zimbabwe. And it is particularly appropriate that we do that expeditiously, given the hardshi...Published: 16 Apr 2019 at 07:39hrs | 540 | by Nomusa Garikai
Chief Ndiweni fights eviction of white farmers
THE surprise eviction of popular Ntabazinduna farmers, Brain and Carol Davies, who operate Tabas Induna Farm, has attracted the wrath of local chief, Nhlanhla Ndiweni.The couple was served wit...Published: 16 Apr 2019 at 07:06hrs | 3078 | by Staff reporter
'IMF to speed up Zimbabwe engagements'
The International Monetary Fund (IMF) says it will speed up implementation of a Staff-Monitored Programme (SMP) with Zimbabwe in order to protect vulnerable communities in the wake of Cyclone Idai whi...Published: 16 Apr 2019 at 06:52hrs | 434 | by Staff reporter
Zimbabwe's inflation spikes to 66.8%
Zimbabwe’s annual inflation rate for March rose 7.27 percentage points to 66.8 percent according to Zimbabwe National Statistics Agency (Zimstat). The month on month inflation rate in M...Published: 15 Apr 2019 at 18:41hrs | 3196 | by Ndou Paul
Chamisa's MDC unhappy with IMF assisting Zimbabwe
Cyclone Idai, which brought unprecedented destruction as incessant rain and gusty winds caused catastrophic damage, has prompted the International Monetary Fund (IMF) to agree to deepen the Fund's eng...Published: 15 Apr 2019 at 10:58hrs | 4023 | by Staff reporter
Mthuli Ncube triggers panic
LONG-suffering Zimbabweans should brace for even tougher economic times ahead, following last week's surprise announcement by Finance minister Mthuli Ncube that the country would have yet another curr...Published: 15 Apr 2019 at 10:56hrs | 19667 | by Staff reporter
New currency triggers panic in Zimbabwe
Long-suffering Zimbabweans should brace for even tougher economic times ahead, following last week's surprise announcement by Finance minister Mthuli Ncube that the country would have yet another curr...Published: 15 Apr 2019 at 06:57hrs | 6926 | by Staff reporter
MDC against IMF's support for Zimbabwe
The proposed IMF Staff Monitored Program is an entry point for full support of the regime and it ignores the factors arresting the Zimbabwean economy. Zimbabwe has had a stolen election; ...Published: 13 Apr 2019 at 15:56hrs | 1512 | by Jacob Mafume
Zimbabwe economy stabilising, claims Mthuli Ncube
FINANCE minister Mthuli Ncube says Zimbabwe's economy is stabilising following the introduction of economic reforms announced under his Transitional Stabilisation Programme (TSP).Latest offici...Published: 13 Apr 2019 at 15:51hrs | 2002 | by Staff reporter
Mthuli Ncube lampooned over new currency plans
Finance minister Mthuli Ncube yesterday came under fire from economists who accused him of rushing to announce plans to re-introduce the Zimbabwe dollar before addressing factors which led to its coll...Published: 13 Apr 2019 at 13:17hrs | 2148 | by Staff reporter
Is it now conducive to introduce new currency in Zimbabwe?
FOR many years now, ever since Zimbabwe realised that it was pointless to keep propping up its useless hyperinflation-ravaged Zimbabwe dollar, the rallying call from government has been that the count...Published: 13 Apr 2019 at 13:13hrs | 810 | by Staff reporter
Zimbabwe's path to prosperity
ON April 3, I gave President Emmerson Mnangagwa a letter from my government conveying the heartfelt sympathy of the American people for the lives lost in Cyclone Idai. I also announced that the Americ...Published: 12 Apr 2019 at 13:51hrs | 1263 | by Brian Nichols
WATCH: Mthuli Ncube says, 'Zimbabwe to introduce new currency 'in next 12 months'
FINANCE minister Mthuli Ncube has revealed that the country will have its own "new, fully-fledged currency" within the next 12 months to ease the cash shortages on the market.In an interview w...Published: 12 Apr 2019 at 07:17hrs | 6429 | by Staff reporter
Zimbabwe Army Generals read riot act to Mnangagwa, as he privately offers to resign as President
The game is all but over for President Emmerson Mnangagwa's young presidency, as hardline army generals are reportedly said to have read the riot act to him, over a sheaf of serious issues caused by h...Published: 12 Apr 2019 at 06:54hrs | 24934 | by Itai Mushekwe/Nancy Mabaya/Malvin Motsi
IMF to monitor Zimbabwe economic targets, policies
International Monetary Fund (IMF) staff and Zimbabwe have agreed on steps that will pave way for a Staff Monitored Programme (SMP).An SMP involves the IMF staff monitoring a country's economic...Published: 12 Apr 2019 at 06:50hrs | 257 | by Staff reporter
IMF, Zimbabwe agree on policies & reforms
The International Monetary Fund and Government have reached agreement on macroeconomic policies and structural reforms that can underpin a Staff Monitored Programme. This follows a visit ...Published: 11 Apr 2019 at 07:30hrs | 1841 | by FinX
Mthuli Ncube to update IMF on Zimbabwe
FINANCE and Economic Development Minister Professor Mthuli Ncube is in Washington DC, the United States of America (USA) for the International Monetary Fund and World Bank 2019 Spring Meetings, where ...Published: 11 Apr 2019 at 07:14hrs | 431 | by Staff reporter
Mthuli Ncube to flesh out compensation plan for white farmers ahead of US trip
Finance Minister Mthuli Ncube is travelling to the United States next week, but before then he will announce that the government is ready to pay out $53 million compensation to former white land owner...Published: 06 Apr 2019 at 16:32hrs | 3722 | by ZimLive
'2 more years for austerity measures to start bearing fruit'
FINANCE Minister Mthuli Ncube says Zimbabweans shall have to wait for two years to start feeling any positive impact of his controversial austerity measures he introduced late last year."I thi...Published: 06 Apr 2019 at 07:58hrs | 1340 | by newzimbabwe
'Zimbabwe is an amazing place to live' boasted Cross - not for the millions living in abject poverty
When Zimbabwe gained her independence in 1980, the country had the potential to become a prosperous nation, the South Korea of Africa. The last 38 years of corrupt and tyrannical Zanu-PF dictatorship ...Published: 04 Apr 2019 at 08:13hrs | 1057 | by Patrick Guramatunhu
Understanding the ZAMCO business model
There has been a lot of talk about the Zimbabwe Asset Management Company (Zamco) lately, particularly after the appearance of the Reserve Bank of Zimbabwe governor, John Mangudya, before the Parliamen...Published: 04 Apr 2019 at 07:02hrs | 507 | by Vince Musewe
IMF team in Zimbabwe for second staff-monitored programme talks
An International Monetary Fund (IMF) team is in Zimbabwe for a second staff-monitored programme (SMP) that seeks to consider possibilities of opening new credit lines.Following years of global...Published: 02 Apr 2019 at 17:22hrs | 2760 | by Staff reporter
9th Anniversary ZAA UK Nominees Out
The Zimbabwe Achievers Awards UK (ZAA UK) have released the much anticipated list of nominees for the 9thAnniversary ZAA UK event set for Saturday 25 May 2019 in London at The Millennium Gloucester Ho...Published: 02 Apr 2019 at 09:28hrs | 494 | by Agencies
Robert Mugabe's true legacy
There have been a number of books written on former President Robert Mugabe in his many leadership roles. As a leader of a guerrilla movement/army, as a Prime Minister (1980-87), as President (1987-20...Published: 01 Apr 2019 at 06:43hrs | 1723 | by Takura Zhangazha
'Zimbabwe is not poor'
ZIMBABWE will not take the Heavily Indebted Poor Country (HIPC) route as it still has economic indicators that do not qualify it into the grouping, an official in the Ministry of Finance and Economic ...Published: 31 Mar 2019 at 23:46hrs | 560 | by Staff reporter
IMF mission to visit Zimbabwe next week
An IMF mission is expected in Zimbabwe next week to hold discussions with the government on the country's debt clearance strategy and the possibility of yet another Staff-Monitored Programme, George G...Published: 28 Mar 2019 at 07:50hrs | 1437 | by Staff reporter
Cyclone Idai: Of donations and the bane of sanctions
Zimbabwe was hit by Cyclone Idai from 14 to 17 March 2019, a crisis that plunged the nation into darkness. When the news reached President Emmerson Mnangagwa who was on a State visit to the United Ara...Published: 27 Mar 2019 at 12:31hrs | 1074 | by Elijah Chihota
Piece-meal austerity without reforms a wild goose chase
AUSTERITY measures introduced by Finance minister Mthuli Ncube under the Transitional Stabilisation Programme (TSP) will have a devastating effect on the economy and is at variance with Zanu-PF's elec...Published: 22 Mar 2019 at 07:02hrs | 1572 | by Staff reporter
Muzamhindo pushes for a Policy Indaba
Tinashe Eric Muzamhindo's initiativeI'm driving a national agenda which has no political affiliation, but to assist on enhancing development. We simply ...Published: 19 Mar 2019 at 22:31hrs | 216 | by Tinashe Eric Muzamhindo
Zimbabwe cannot outsource its development - it has to fix the fundamentals first
While South Africa believes sanctions should be scrapped in Zimbabwe, analysts indicate that the sanctions narrative has been an easy scapegoat in addressing the real issues affecting the country....Published: 19 Mar 2019 at 08:39hrs | 453 | by Sally Nyakanyanga
ZANU PF proposes to give away platinum to foreign Capitalists
In 1991, the Zimbabwean economy took its first major dive with the adoption of the IMF/World bank neo-liberal "Economic Structural Adjustment Programme" (ESAP). In Zimbabwe, this process was headed by...Published: 18 Mar 2019 at 10:06hrs | 1466 | by ZCP
South Africa to monitor Zimbabwe's economic affairs
IN an unprecedented move, Zimbabwe has agreed to allow South Africa - the continent's most developed economy and powerhouse - to sit in official Ministry of Finance meetings to oversee Harare's debt c...Published: 15 Mar 2019 at 17:15hrs | 2220 | by Staff reporter
SA to sit in next critical Zimbabwe Treasury meetings
IN an unprecedented move, Zimbabwe has agreed to allow South Africa - the continent's most developed economy and powerhouse - to sit in official Ministry of Finance meetings to oversee Harare's debt c...Published: 15 Mar 2019 at 06:24hrs | 3497 | by Staff reporter
Embargoes throttle Zimbabwe's financial system
Earlier this month, United States President Donald Trump extended the economic sanctions against Zimbabwe by a year, claiming that new Government's policies continue to pose an "unusual and extraordin...Published: 15 Mar 2019 at 05:50hrs | 343 | by Tawanda Musarurwa
Zimbabweans counting the cost of removing Mugabe
IN AN ideal world, the fall of Robert Mugabe as president of Zimbabwe was supposed to usher in a period of sustained economic growth and prosperity.Mugabe, 95, was toppled by his loyalists in ...Published: 14 Mar 2019 at 19:39hrs | 5110 | by Brighton Khumalo
Harare should not expect bailout from Ramaphosa
South African President Cyril Ramaphosa arrives in the country today to co-chair the Bi-National Commission (BNC) with President Emmerson Mnangagwa whose administration is desperate for a cash injecti...Published: 11 Mar 2019 at 15:02hrs | 1927 | by Staff reporter
2% tax to rake in $600 million
The government has revealed to the International Monetary Fund (IMF) that the two percent electronic transaction tax will realise over US$600 million this year as authorities forge ahead with economic...Published: 11 Mar 2019 at 15:00hrs | 1146 | by Staff reporter
Zimbabwe's Casino Economy: Extraordinary Measures for Extraordinary Challenges by Gideon Gono
The paperback novel written by Gideon Gono, revolves around the issues regarding his position as the Governor of the Reserve Bank of Zimbabwe and the opportunity Gono had to serve his president and th...Published: 11 Mar 2019 at 09:45hrs | 2612 | by Joe K
Load More Stories
