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Mangudya ranked worst performing central bank governor in Africa
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries and territories, including the European Union, the Eastern Carib...Published: 12 Jan 2022 at 05:13hrs | 10 | by Staff reporter
No, Mr Biti, you are not a jack of all trades
A week ago, the local mainstream and social media were abuzz with news of MDC Alliance (MDCA) faction co-vice president, Tendai Biti's rantings against the International Monetary Fund (IMF's) report o...Published: 21 Jul 2021 at 07:47hrs | | by Nobleman Runyanga
Mthuli Ncube mops up $190m local liquidity to support Zimdollar
Zimbabwe is looking to mop up as much as ZWL1.2 billion from the local market by the end of this week through direct transfer of balances from local finance institutions to the central bank while also...Published: 26 Jun 2019 at 19:34hrs | | 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 | | by Nomusa Garikai
'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 | | by Staff reporter
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 | | by Staff reporter
Mnangagwa must engage the 'bullies' to win this economic war
The United States of America (US), this week, once again tightened the noose on Zimbabwe when it extended sanctions against President Emmerson Mnangagwa's administration in a show of no confidence –...Published: 09 Mar 2019 at 12:30hrs | | by Staff writer
Mthuli Ncube makes frantic efforts to charm US
Finance minister Mthuli Ncube is this week making frantic efforts to warm up relations with multilateral creditors as Zimbabwe continues its search for US$1,2 billion to clear World Bank arrears despi...Published: 08 Mar 2019 at 14:15hrs | 2 | by Staff reporter
Mthuli Ncube hits brick wall on debt clearance plan
FINANCE minister Mthuli Ncube is struggling to nail down the debt clearance roadmap which has been on the table since 2015 to clear urgent US$2,3 billion in arrears before securing game changing new f...Published: 08 Mar 2019 at 10:22hrs | | by Staff reporter
A human life over debt arrears
ON Saturday, Chalton Hwende, deputy treasurer-general of the MDC Alliance confirmed an attempted abduction of the party's president, Nelson Chamisa after a 'thank you' rally for their supporters at Ru...Published: 13 Nov 2018 at 05:56hrs | 1 | by Pearl Matibe
China tightens purse strings on Zimbabwe deal
AHEAD of President Emmerson Mnangagwa's high-profile visit to China at the beginning of next month, it has emerged government's proposal to securitise minerals in a bid to secure US$1,5 billion fundin...Published: 24 Mar 2018 at 19:45hrs | | by Staff reporter
Stubborn Zim economy defies coup leader's 100-day deadline
PRESIDENT Emmerson Mnangagwa clocks 100 days in office next week with his administration struggling to gain the confidence required to stem the cash crisis.Mnangagwa took over the reins last y...Published: 25 Feb 2018 at 11:10hrs | | by Staff reporter
Zimbabwe charms IMF
ZIMBABWE continues to charm the international community, with the International Monetary Fund (IMF), saying its relations with Harare have been evolving in a very positive way for some time.Si...Published: 04 Feb 2018 at 08:04hrs | 1 | by Staff Reporter
Work cut out for Mnangagwa
After "charming" global leaders at the World Economic Forum meeting in Davos Switzerland last week, the ball is now in President Emmerson Mnangagwa's court to lure investors harvesting from the goodwi...Published: 31 Jan 2018 at 05:28hrs | | by Staff reporter
If Adolf Hitler had turned up at Davos 2018
If Adolf Hitler or Joseph Goebbels or Hermann Goering had turned up at Davos!Davos has come and gone. The list of those who appeared on this World Economic Forum included "heads of state (Dona...Published: 30 Jan 2018 at 09:56hrs | | by Thembani Dube
Funding to start flowing into Zimbabwe?
THE African Development Bank (AfDB) is pleased with Zimbabwe's economic policies and could soon start extending critical funding to the country.A high-level delegation from the bank will be in...Published: 28 Jan 2018 at 08:09hrs | | by Staff reporter
Mnangagwa meets heads of finance institutions in Davos
President Emmerson Mnangagwa yesterday held high level meetings with top officials from the world's top multilateral financial institutions on the sidelines of the 48th World Economic Forum in Davos, ...Published: 26 Jan 2018 at 06:06hrs | | by Staff reporter
IMF meets Mnangagwa
IMF Managing Director Christine Lagarde Meets with President Emmerson Mnangagwa of ZimbabweInternational Monetary Fund (IMF) Managing Director Christine Lagarde today met with President Emmers...Published: 26 Jan 2018 at 05:59hrs | | by Staff reporter
Africa's next generation has big dreams that need the right environment to be realized - says IMF Chief
ADDIS ABABA - At a special event hosted by the Economic Commission for Africa on the theme: Economic Challenges and Opportunities facing the African Continent; the role of technology in supporting the...Published: 20 Dec 2017 at 11:41hrs | | by APO
Mangudya attends IMF, WB Spring meetings
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya is in Washington DC, United States of America attending the 2017 Spring Meetings of the International Monetary Fund (IMF) and World Ban...Published: 19 Apr 2017 at 06:31hrs | | by Staff reporter
Strong dollar threatens Zimbabwe exports
Zimbabwe's bid to grow exports is under threat from a strong dollar which makes exports uncompetitive. The threat comes after International Monetary Fund (IMF) boss, Christine Lagarde warn...Published: 14 Feb 2017 at 07:16hrs | | by Staff reporter
DStv SupperSport 9 does shoddy work at Chan
VIEWERS and advertisers were on Tuesday afternoon short-changed during the screening of the Group D African Nations Championship (Chan) opener between Zimbabwe and Zambia on pay per view channel Super...Published: 22 Jan 2016 at 05:27hrs | | by Sikhumbuzo Moyo
External pressure to devalue Nigerian Naira - TB Joshua Prophecy?
The Federal Government may soon lose its current battle to defend the Naira using capital controls, as huge external pressures continued to deplete the nation's foreign reserve.In just a few d...Published: 11 Jan 2016 at 12:03hrs | 1 | by Staff reporters
Zimbabwe: A country running on an empty purse
Economies don't die; they fade away like old soldiers.Last August, I put forward a gloomy 2016 prognostication of the economic situation in Zimbabwe. I predicted then that the economy of Zimba...Published: 10 Jan 2016 at 06:21hrs | | by Ken Yamamoto
Pressure grows on Buhari to devalue Naira
The visit of International Monetary Fund (IMF) chief Christine Lagarde to Nigeria has placed an uncomfortable spotlight on the fiscal woes of Africa's biggest oil producer as the pressure on President...Published: 08 Jan 2016 at 16:38hrs | | by Ihechukwu Njoku
Zim Asset is failing
"In pursuit of a new trajectory of accelerated economic growth and wealth creation, my government has formulated a new plan known as the Zimbabwe Agenda for Sustainable Socio-Economic Transformati...Published: 05 Jul 2015 at 08:08hrs | | by Tendai Kwari @tendaikwari
Billions now required to save depleted healthcare systems
Ebola's most affected countries lobby for funding for hospital infrastructure On 10 May 2015, a day after the World Health Organization declared Li...Published: 17 Jun 2015 at 17:48hrs | | by Kingsley Ighobor
Chinamasa's letter to IMF
November 3, 2014Ms Christine Lagarde,Managing DirectorInternational Monetary FundWashington, DC 20431Dear Ms Lagarde,THE first an...Published: 28 Nov 2014 at 14:06hrs | | by Patrick Chinamasa
IMF boss praises Africa's 'remarkable' growth
Maputo - IMF managing director Christine Lagarde on Wednesday hailed the leaps made by African economies in the last decade as "nothing short of remarkable”.On the eve of a major conference ...Published: 29 May 2014 at 19:36hrs | | by AFP
Breaking the glass ceiling: Women agricultural scientists
They are selected because they are - or could be - as good as agricultural scientists anywhere. They are groomed in leadership, and conduct research into problems facing their individual countries...Published: 12 Apr 2014 at 06:35hrs | | by Munyaradzi Makoni
IMF team expected in Zimbabwe next week
An International Monetary Fund (IMF) team is expected to arrive in Zimbabwe next week as part of a Staff Monitored Programme (SMP) to examine the implementation of the country's economic programmes....Published: 01 Nov 2013 at 02:53hrs | | by Staff reporter
Govt plans to plug diamond revenue leaks
GOVERNMENT plans to issue a Statutory Instrument containing a clear formula for the calculation and remittance of any dividends from diamond producers it has shareholding in, as part of far-reaching r...Published: 16 Jun 2013 at 06:29hrs | | by Staff Reporter
Zimbabwe commits to IMF's Staff Monitored Programme
Zimbabwe moved a step closer to re-admission into the IMF after Finance Minister Tendai Biti and RBZ governor Gideon Gono signed documents which commit to the institute's Staff Monitored Programme....Published: 07 Jun 2013 at 12:25hrs | | by Financial Express
No place quite like Bulawayo
It's been four years since I last lived in Zimbabwe, four long years during which I strolled along the Mediterranean beaches in Algiers, ate Middle Eastern food, danced to Rai music and, like the res...Published: 07 May 2013 at 07:47hrs | | by Bongani Ncube-Zikhali
Cyprus clinches last-minute deal, uninsured depositors lose out
Reuters) - Cyprus clinched a last-ditch deal with international lenders to shut down its second-largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for...Published: 25 Mar 2013 at 07:24hrs | | by Staff Reporter
If you thought Zimbabwe's Gono was bad, what about Cyprus
Euro-area finance ministers agreed to an unprecedented tax on Cypriot bank deposits as officials unveiled a 10 billion-euro ($13 billion) rescue plan for the country, the fifth since Europe's debt cri...Published: 18 Mar 2013 at 05:52hrs | | by bloomberg
IMF warns Africa to prepare for Europe fallout
Many countries in sub-Saharan African are less prepared to deal with an economic shock now than they were during the 2008 food and fuel crisis and the global financial turmoil that ...Published: 22 Dec 2011 at 13:49hrs | | by Ndou Paul
International Monetary Fund approves 2.2-billion-euro rescue fund for Greece
The International Monetary Fund (IMF) on Monday approved the release of a long-delayed tranche of rescue fund for Greece under the joint IMF-European Union (EU) bailout program following headway made ...Published: 06 Dec 2011 at 09:19hrs | | by Mafu Sithabilde
Zimbabwe economic growth could exceed forecast: Biti
Economic growth could exceed the Zimbabwe government's forecast of 9.3 percent in 2011, helped by strong commodity and food prices, but politics are a negative, the country's finance minister said on...Published: 10 Jun 2011 at 04:06hrs | | by Nare Msupatsila
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