Search / Lima plan
Ball is in Mnangagwa's court
LAST week, Zimbabwe continued with its structured debt clearance dialogues with foreign creditors owed over US$14 billion, as the country makes important steps to weave its way out of the debt hole....Published: 26 May 2023 at 06:37hrs | 3 | by Staff reporter
Zimbabwe to host high-level forum on debt resolution
The Zimbabwean government said Thursday it will soon host a high-level debt resolution forum with development partners and other stakeholders aimed at building consensus among stakeholders on resolvin...Published: 29 Jul 2022 at 06:56hrs | | by Staff reporter
Zimbabweans have suffered long enough, says African Development Bank boss
THE African Development Bank (AfDB) says it has accepted to assist Zimbabwe's US$13,5 billion debt clearance plan partly because of the need to alleviate the country's citizens from the impact of extr...Published: 13 Jul 2022 at 07:26hrs | | by Staff reporter
Zimbabwe abandons debt relief initiative
The Zimbabwe government has abandoned its plan to access a debt relief facility under the Highly Indebted Poor Countries (HIPC) initiative, meant to resolve its unsustainable debt, Business Times repo...Published: 02 Jun 2022 at 09:29hrs | 10 | by Staff reporter
Mnangagwa pleads poverty
REVELATIONS that Zimbabwe is pushing to be classified a Heavily Indebted Poor Country (HIPC) as Harare seeks debt relief in what is effectively a volte-face on the long-held official aversion to the i...Published: 27 Apr 2022 at 13:37hrs | 2 | by Staff reporter
Zimbabwe pushing to be classified a Heavily Indebted Poor Country
ZIMBABWE is pushing to be classified a Heavily Indebted Poor Country (HIPC) as the country seeks debt relief in what could be a volte-face on the long-held official aversion to the initiative, a new r...Published: 15 Apr 2022 at 19:22hrs | 10 | by Staff reporter
Zimbabwe industrialists expose gaps in Mnangagwa's re-engagement push
CALLS for government to get serious with its re-engagement drive have intensified, with industrialists and economists reminding President Emmerson Mnangagwa's administration to avoid building ties wit...Published: 06 Feb 2022 at 06:57hrs | | by Staff reporter
Zimbabwe makes first payment to Paris Club in 20 years
ZIMBABWE says it has made its first debt repayment to a group of creditor countries known as the "Paris Club" under a refreshed plan to clear up to US$10,7 billion owed to several multilateral funders...Published: 05 Sep 2021 at 07:06hrs | 14 | by Staff reporter
British officials owe Zimbabwean people an apology, says Moss
A FORMER United States State Department official says the British government should consider apologising to Zimbabwean people for supporting a failed bid to back Harare's debt arrears plan which under...Published: 13 Feb 2021 at 14:55hrs | 12 | by Staff reporter
Colonialist UK pushes to further isolate the Mnangagwa government
THE United Kingdom's unexpected move this week to impose sanctions on four Zimbabwean security chiefs for human rights violations - following a series of critical pronouncements in recent months - sig...Published: 06 Feb 2021 at 16:22hrs | | by Staff reporter
G7 package to clear Zimbabwe's US$1,3bn WB debt
Government has started token payments to multilateral institutions and plans to borrow from the G7 Community to clear the outstanding US$1,3 billion to the World Bank, according to Finance and Economi...Published: 02 Jun 2019 at 08:18hrs | 1 | 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 | 3 | 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 | 1 | by Jacob Mafume
Mnangagwa never requested Chinese bailout
PRESIDENT Emmerson Mnangagwa has denied approaching his Chinese counterpart Xi Jinping asking for a US$2 billion bailout package on the sidelines of the Forum on China-Africa Co-operation (Focac) in B...Published: 01 Feb 2019 at 14:07hrs | 2 | by Staff reporter
Mthuli Ncube has a good plan
Political legitimacy, economic bailout and the draconian Public Order and Security Act (Posa) and Access to Information and Protection of Privacy Act (Aippa) laws are some of the topics Zimbabwe's new...Published: 25 Oct 2018 at 06:42hrs | | by Staff reporter
'Mthuli Ncube to clear WB, IMF debt in 12 months'
ZIMBABWE plans to clear its arrears with the African Development Bank (AfDB) and World Bank in the next 12 months, with support from an unnamed creditor country, Finance minister Mthuli Ncube has said...Published: 22 Oct 2018 at 06:32hrs | 1 | by Staff reporter
Mthuli Ncube seeks IMF's economic supervised plan
Zimbabwe has invited the IMF to undertake a supervised economic reform plan as it moves to implement reforms and complete the Lima arrears clearance plan agreed in 2015. Under the Lima plan Zi...Published: 12 Oct 2018 at 07:36hrs | 1 | by Staff reporter
Rigging the economy proves harder for Mnangagwa?
TWO months after disputed general elections in Zimbabwe‚ President Emmerson Mnangagwa’s spirited efforts to turn around the economy are so far gaining limited traction.His closest rival in...Published: 03 Oct 2018 at 17:52hrs | 2 | by TimesLive.com
Biti attacks outgoing UK envoy
OUTGOING British ambassador to Zimbabwe, Catriona Laing was a card-carrying member of Zanu PF, who had no right to the diplomatic title, opposition MDC Alliance deputy chairperson Tendai Biti has sens...Published: 01 Oct 2018 at 07:02hrs | | by Staff reporter
Mnangagwa gets World Bank support
THE World Bank will support Zimbabwe's economic recovery and international debt clearance efforts, a senior official of the multilateral lender has said. Yesterday, World Bank vice-president f...Published: 27 Sep 2018 at 06:56hrs | | by Staff reporter
Mnangagwa's Chamisa deal must be the start of political reforms
PHILIPPE Van Damme, the European Union head of delegation until August this year, was a straight shooter, who did not hold back in his assessment of what he saw as the problems facing Zimbabwe, a trai...Published: 26 Sep 2018 at 07:12hrs | | by Editorial - newsday
Mnangagwa's diary packed in New York
President Emmerson Mnangagwa, who is attending the United Nations General Assembly in New York, is leaving no stone unturned in his engagement and re-engagement offensive through holding several meeti...Published: 25 Sep 2018 at 13:55hrs | 1 | by Staff reporter
Mthuli Ncube sweats over funding
NEWLY-MINTED Finance minister Mthuli Ncube this week set sail for the United States, together with President Emmerson Mnangagwa, for the United Nations General Assembly in New York where he will engag...Published: 21 Sep 2018 at 14:46hrs | 3 | by Staff reporter
Mthuli Ncube gets shock reality check
NEWLY-appointed Finance minister Mthuli Ncube - who arrived in the country from Switzerland early this week amid a populist storm and blaze of publicity on how to fix Zimbabwe's critically broken econ...Published: 14 Sep 2018 at 16:27hrs | 1 | by Staff reporter
Zimbabwe urgently needs $4bn bailout package
Zimbabwe needs up to $4 billion to avert a looming currency crisis that could unleash economic havoc, with the new Cabinet urged to take tough decisions to increase confidence in the economy.P...Published: 09 Sep 2018 at 17:08hrs | 1 | by Staff reporter
Mnangagwa's quest for Chinese $2bn bailout hits a brick wall
PRESIDENT Emmerson Mnangagwa's quest for a critical US$2 billion bailout package from China in a desperate bid to ease the country's crippling liquidity crisis has hit a brick wall although the Chines...Published: 07 Sep 2018 at 13:02hrs | 3 | by Staff reporter
Mnangagwa, Chiwenga 'rift' may paralyse govt
UNDERLYING tensions between President Emmerson Mnangagwa and one of his deputies, retired General Constantino Chiwenga, over power struggles, risks distracting the new administration from tackling a p...Published: 07 Sep 2018 at 07:37hrs | 12 | by Staff reporter
Mnangagwa's inauguration speech
The First Lady, Amai A. Mnangagwa, Chairperson of the African Union, His Excellency President, Paul Kagame, Heads of State and Former Heads of State here present,Chairp...Published: 26 Aug 2018 at 17:48hrs | 44 | by President Mnangagwa
US sanctions on Zimbabwe - truths, history and lies
A new regime of US sanctions has just been signed into law, opening a fresh front in the increasingly polarised political debate in Zimbabwe.Critics say they hurt the economy, while supporters...Published: 20 Aug 2018 at 19:01hrs | 8 | by newsZWire
Populist measures deepen fiscal crisis
GOVERNMENT'S recent decision to award soldiers and police a hefty "special allowance" a few weeks before Zimbabwe holds a crucial general elections on July 30 shows that President Emmerson Mnangagwa's...Published: 27 Jul 2018 at 11:26hrs | | by Staff reporter
Catriona Laing's tweet of shame
The People' Democratic Party is irked by Catriona Laing's unrepentant nauseating conduct, that coming from a diplomat and one from a country which is known for strong democratic practices....Published: 02 Jul 2018 at 11:18hrs | 3 | by PDP
British govt banking on Mnangagwa
EVIDENCE of Britain's meddlesome support for President Emmerson Mnangagwa's administration and that he is their preferred choice to lead Zimbabwe after this year's general elections in July is mountin...Published: 18 May 2018 at 08:21hrs | 5 | by Staff reporter
3,200 'Green Bombers' bounce back
PRESIDENT Emmerson Mnangagwa's government has made a U-turn and re-engaged Zanu-PF's dreaded national youth service graduates, derisively called known as Green Bombers to their positions as youth offi...Published: 12 Apr 2018 at 07:16hrs | 1 | by Staff reporter
Mnangagwa's govt in massive staff cull
Plans by the government to trim the bloated civil service are in full swing amid reports of hundreds of workers being laid off without notice, NewsDay reported.Most government departments have...Published: 10 Apr 2018 at 07:18hrs | | by Staff reporter
Britain changes Zimbabwe policy?
Britain is reported to have adopted a radical new approach to Zimbabwe at odds with United States policy. A London-based fortnightly newsletter Africa Confidential says Britain is now promoting the id...Published: 08 Apr 2018 at 23:23hrs | | by Zimbabwe Vigil Diary
'Dont be fooled by a coup president'
Rainbow Coalition (PRC) led by Dr JTR Mujuru and being the Government in waiting urges Zimbabweans not to be fooled and misled by the Coup President Ed Mnangagwa's falsehoods and propaganda of having ...Published: 05 Apr 2018 at 07:24hrs | 1 | by Adv Gift Nyandoro
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
Zimbabwe to clear $1,7 billion debt
Zimbabwe expects to make up for all its debt arrears to major international lenders by September and could return to international capital markets thereafter, the Reserve Bank deputy governor said on ...Published: 18 Mar 2018 at 08:53hrs | 1 | by Reuters
President Mnangagwa's Report Card - The First 100 Days
Part 2: Foreign Affairs & Foreign Direct Investments President Mnangagwa during his inauguration issued some major foreign policy promises. He...Published: 13 Mar 2018 at 19:52hrs | 3 | by Vusi Nyamazana
RBZ unveils measures to boost investment
The Reserve Bank of Zimbabwe (RBZ) yesterday unveiled a raft of interventions, including enhancing nostro stabilisation facilities to support foreign payments, backed by a $1,5 billion kitty to be ava...Published: 08 Feb 2018 at 06:38hrs | 1 | by Staff reporter
UK announces new support for Zimbabwe's democratic processes
LONDON - Minister for Africa Harriett Baldwin visited Zimbabwe on Thursday 1 February and Friday 2 February, on her first overseas visit in her new role as joint Minister for the Foreign and Commonwea...Published: 05 Feb 2018 at 10:13hrs | | by APO
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 | 7 | by Staff Reporter
Zimbabwe to rejion Commonwealth
Zimbabwe will rejoin the Commonwealth this year, and President Mnangagwa has formally informed the British government of this position, The Sunday Mail reported.The President has also - on top...Published: 04 Feb 2018 at 07:59hrs | 2 | by Staff Reporter
Britain's StanChart bails out Zimbabwe govt
THE Zimbabwean government has committed to paying the US$1,2 billion arrears to the World Bank by April this year, as the first step towards unlocking fresh funding from multilateral institutions, but...Published: 26 Jan 2018 at 07:59hrs | 3 | by Staff reporter
Mnangagwa leads high-powered delegation to Davos
PRESIDENT Mnangagwa leads a high-powered delegation comprising Cabinet Ministers, top Government officials and private sector representatives to Davos, Switzerland, for the 48th World Economic Forum a...Published: 22 Jan 2018 at 05:06hrs | | by Staff reporter
Understanding Mnangagwa's new Cabinet
The talk of town is the character, temperament and level of skills in President Emmerson Mnangagwa's first Cabinet.This shows rising civic awareness and that can only be a good thing. It also ...Published: 03 Dec 2017 at 08:05hrs | | by Staff reporter
From Chairman Mao to Deng - from Mugabe to Mnangagwa
IT seems history has once again had its way, repeating itself in so uncanny a way that it is nothing short of astounding.Of late, historians and experts - obviously spellbound by events that t...Published: 24 Nov 2017 at 05:13hrs | | by Darlington Musarurwa
Britain supports Mnangagwa bid
BRITAIN has reportedly come up with a grand plan to steer Zimbabwe through its turbulent political transition centred on Vice-President Emmerson Mnangagwa succeeding President Robert Mugabe with a US$...Published: 15 Nov 2017 at 09:53hrs | | by Staff reporter
World Bank warns Zimbabwe over $1.2 billion arrears
THE World Bank has warned Zimbabwe's debt-ridden government against using vulture funds to clear the country's arrears with multilateral financial institutions as Harare engages international lenders ...Published: 23 Jun 2017 at 17:32hrs | 1 | by Staff reporter
Clearing World Bank arrears irresponsible and treasonous, says Biti
Finance minister Patrick Chinamasa's planned move to pay $1,1 billion towards settling Zimbabwe's World Bank dues is "criminally irresponsible and treasonous", former Finance minister Tendai Biti has ...Published: 01 May 2017 at 12:14hrs | | by Staff reporter
Load More Stories
