Search / World_bank
US warns Zimbabwe trade talks could collapse
The United States has cautioned that Zimbabwe's efforts to secure reduced tariffs on its exports face significant risks due to tight negotiation timelines, even as a temporary reprieve has been grante...Published: 12 Jun 2025 at 19:01hrs | 308 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 172 | by Staff reporter
Ramaphosa gets a R26.5bn World Bank loan
The World Bank has approved a $1.5 billion (approximately R26.5 billion) loan to support structural reforms aimed at boosting South Africa's infrastructure.The Washington-based lender sa...Published: 10 Jun 2025 at 10:14hrs | 809 | by Staff reporter
US reviewing Zimbabwe's trade proposal to reduce tariffs
The United States government is currently reviewing a formal proposal from Zimbabwe aimed at establishing a more balanced and reciprocal trade relationship by reducing tariffs between the two countrie...Published: 08 Jun 2025 at 11:58hrs | 237 | by Staff reporter
Zimbabwe gold reserves rises 12%
The Reserve Bank of Zimbabwe (RBZ) has announced that its gold reserves have grown by 12% to over 3.1 tonnes since March this year, bolstering the country's efforts to build a more stable foreign exch...Published: 06 Jun 2025 at 12:06hrs | 103 | by Staff reporter
IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 589 | by Staff reporter
10 rich countries non-committal on Zimbabwe's $2.6b bridge financing appeal
Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in its ongoing bid to settle long-standing debt arrears.The southern African nation is burd...Published: 02 Jun 2025 at 12:47hrs | 884 | by Staff reporter
Zimbabwe-Zambia scramble to revive US$5bn power project
More than three decades after it was first proposed, the Batoka Gorge Hydropower Project is back in the spotlight as Zimbabwe and Zambia renew efforts to revive the long-stalled US$5 billion energy ve...Published: 29 May 2025 at 13:22hrs | 3799 | by Staff reporter
Zimbabwe's new politics of fraud
IN Zimbabwe, politics is no longer just the art of the possible.It has become the science of the scam.From boreholes to buses, roads to resettlement deeds, today's governance is not me...Published: 29 May 2025 at 10:23hrs | 531 | by Staff reporter
Chiwenga to engage Tajikistan's key economic players
Zimbabwe is expanding its international partnerships with a strategic focus on Central Asia, as Vice President Dr. Constantino Chiwenga prepares to visit Tajikistan tomorrow for high-level meetings wi...Published: 28 May 2025 at 10:44hrs | 121 | by Staff reporter
Zimbabwe's economic reforms gain momentum with IMF deal
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has announced that Zimbabwe expects to secure a Staff Level Agreement (SLA) with the International Monetary Fun...Published: 28 May 2025 at 10:38hrs | 98 | by Staff reporter
Zimbabwe missing out on mega EU loans - loans have to be paid back
Zimbabwe is missing out on crucial loans from Europe's largest financial institutions, including the European Investment Bank (EIB), due to its unsustainable debt burden, the European Union's ambassad...Published: 26 May 2025 at 08:16hrs | 50 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 615 | by Staff reporter
Only 10,85% of Zimbabwe's arable land under irrigation
Only 10.85% of Zimbabwe's two million hectares of irrigable land is currently under irrigation, a shortfall that continues to limit the country's food security and grain export potential, Deputy Minis...Published: 22 May 2025 at 11:29hrs | 60 | by Staff reporter
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
Zimbabwe steel sector poised for rebound
Zimbabwe's steel industry is poised for a major revival following the Government's recent introduction of import licensing requirements for specific steel products. Industry stakeholders have welcomed...Published: 18 May 2025 at 11:53hrs | 271 | by Staff reporter
Zimbabwe focuses on boosting productivity in winter season
Zimbabwe has positioned itself for a strong winter cropping season with an estimated 141,000 hectares available for wheat production following an extensive rehabilitation of irrigation infrastructure....Published: 18 May 2025 at 11:52hrs | 65 | by Staff reporter
Zimbabwe, IMF talks underway
Zimbabwe has entered into preliminary discussions with the International Monetary Fund (IMF) for a new Staff-Monitored Programme (SMP), marking a significant step toward restoring the country's econom...Published: 18 May 2025 at 11:51hrs | 164 | by Staff reporter
Govt cannot block the exodus of professionals through force
Let's not kid ourselves. You can burn the letters, double the fees, threaten the nurses, and chain the airport gates if you want - but people will still find a way to leave this crumbling husk of a na...Published: 05 May 2025 at 23:09hrs | 383 | by Kumbirai Thierry Nhamo
Zimbabwe in US$17bn power investment push
Zimbabwe has embarked on an ambitious initiative to attract global investment into its energy sector, aiming to mobilise over US$16.8 billion over the next five years to enhance electricity generation...Published: 28 Apr 2025 at 12:33hrs | 85 | by Staff reporter
Zimbabwe courts energy sector investors
Zimbabwe is seeking to attract US private sector investment to rejuvenate its energy sector, with key Government officials outlining an ambitious blueprint for the future during the World Bank's Sprin...Published: 28 Apr 2025 at 12:18hrs | 30 | by Staff reporter
AfDB says Zimbabwe seeks $2.6bn in bridge finance to overhaul debt
The African Development Bank said Zimbabwe has proposed seeking $2.6 billion in bridge finance to help it clear arrears owed to international financial institutions as it attempts to break a debt impa...Published: 24 Apr 2025 at 21:18hrs | 131 | by Staff reporter
White and black farmers still bear the scars of Zimbabwe's land grabs
Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe's Mashonaland East province, was violently invaded by three armed men in the early 2000s....Published: 24 Apr 2025 at 07:49hrs | 806 | by Farai Matiashe, Al Jazeera
IMF, World Bank urged to back Zimbabwe economic recovery efforts
Former Mozambican President Dr Joaquim Chissano and African Development Bank (AfDB) President Dr Akinwumi Adesina have called on the International Monetary Fund (IMF) and the World Bank to support Zim...Published: 23 Apr 2025 at 08:29hrs | 137 | by Staff reporter
Mnangagwa welcomes Afrikaner business delegation in Harare, South African angry
A delegation from the Afrikaner business community received a warm welcome from Zimbabwean President Emmerson Mnangagwa last week in Harare's State House, according to a Zanu-PF official contacted by ...Published: 16 Apr 2025 at 22:48hrs | 1262 | by Staff reporter
Kariba floodgates partially opened
The Zambezi River Authority (ZRA) has begun commissioning tests on the newly rehabilitated sluice gates at Kariba Dam, marking a critical phase in the near-completion of a major rehabilitation project...Published: 14 Apr 2025 at 09:06hrs | 327 | by Staff reporter
The reality of '9 wasted years' - A decade WMC failed to capture Zuma
For too long, South Africans have been bombarded with a dishonest narrative coined by the very architects of our economic servitude, that the period of President Jacob Zuma's administration represents...Published: 13 Apr 2025 at 14:33hrs | 753 | by Mzwanele Manyi
Zimbabwe issues dollar bonds to pay ex-farmers for land grabs
Zimbabwe issued treasury bonds worth $308 million and made small cash payments to White farmers who were dispossessed of their property 25 years ago under a state-backed land reform program.Th...Published: 12 Apr 2025 at 09:16hrs | 123 | by Staff reporter
Mutsvangwa, wake up - Zimbabweans are not fooled!
The delusions never end! Christopher Mutsvangwa, the spokesperson for ZANU-PF, held a press conference today basking in the supposed triumph of Zimbabweans not participating in the planned 31s...Published: 01 Apr 2025 at 22:57hrs | 1354 | by Tendai Ruben Mbofana
If Zimbabweans want real change, it's time to pray for new leaders
Zimbabweans now need to break the cycle of oppression and suffering.Over 80% of the population of Zimbabwe lives in poverty, according to the World Bank. This is not just a statistic; ...Published: 01 Apr 2025 at 17:15hrs | 2084 | by Tendai Ruben Mbofana
Diaspora remittances surge 7,5% in February
Diaspora remittances to Zimbabwe grew by 7.5 percent in February 2025, reaching US$165 million, up from US$153.8 million in the same month last year. The increase highlights the continued importance o...Published: 26 Mar 2025 at 06:46hrs | 107 | by Staff reporter
Zimbabwe lines up seven sponsors to clear arrears
Zimbabwe is actively negotiating with seven potential sponsors, including individual countries, multilateral financial institutions, and private financiers, to secure the necessary funding, guarantees...Published: 23 Mar 2025 at 08:13hrs | 999 | by Staff reporter
Joining the George Ayittey Society is a step towards fighting for real change in Zimbabwe
My recent acceptance into the George Ayittey Society is an honour that fills me with immense humility and gratitude. To be part of a distinguished group of scholars, intellectuals, and researc...Published: 20 Mar 2025 at 17:12hrs | 283 | by Tendai Ruben Mbofana
Zimbabwe could clear arrears with bold reforms
Zimbabwe could clear its arrears and rework $21 billion in debt that's kept it locked out of international capital markets for more than a quarter of a century if it implements fiscal reforms, the Wor...Published: 27 Feb 2025 at 11:05hrs | 357 | by Staff reporter
Zimbabwe among Africa's fastest-growing economies in 2025
Zimbabwe is expected to be one of Africa's fastest-growing economies this year, with the African Development Bank (AfDB) forecasting a 5.3 percent growth rate.This strong projection is slightl...Published: 26 Feb 2025 at 07:42hrs | 376 | by Staff reporter
Zimbabwe's liberation was the greatest farce of all time
The truth can be a bitter pill to swallow, but it needs to be taken if we are to heal our nation.Zimbabwe's liberation struggle, celebrated as a triumph over colonial oppression when independe...Published: 25 Feb 2025 at 21:11hrs | 1162 | by Tendai Ruben Mbofana
Zimbabwe ranks highest corrupt country in SADC for 2024 by TI
Zimbabwe has come out as the worst corrupt country in SADC in 2024, according to the latest data from discredited Transparency International coming only ahead of a war-torn DRC.This was also t...Published: 22 Feb 2025 at 09:52hrs | 1253 | by Staff reporter
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 257 | by Staff reporter
Mnangagwa returns from AU Summit
SADC chairperson and Zimbabwean President Emmerson Mnangagwa has returned home from Addis Ababa, Ethiopia, where he attended the 38th Ordinary Session of the African Union (AU). This year's summit, he...Published: 16 Feb 2025 at 17:16hrs | 835 | by Staff reporter
Mnangagwa, Hichilema come face to face
President Emmerson Mnangagwa and his Zambian counterpart Hakainde Hichilema had an uneasy public interaction in Addis Ababa, Ethiopia, yesterday, as their strained diplomatic relations played out duri...Published: 16 Feb 2025 at 16:47hrs | 3836 | by Staff reporter
Mnangagwa's govt accused of Intellectual Property theft
Zimbabwe's government is embroiled in a heated dispute with Time Bank after the financial institution accused authorities of infringing on its intellectual property rights. The bank claims that govern...Published: 01 Feb 2025 at 14:03hrs | 2042 | by Staff reporter
What the hack is an 'upper middle-income society', Mr. Mnangagwa?
Let's be careful of trickery. When President Emmerson Mnangagwa began his first five-year term in 2018, he introduced an economic program called "Vision 2030." This vision promised Zim...Published: 27 Jan 2025 at 18:02hrs | 727 | by Tendai Ruben Mbofana
Zimbabwe's high economic growth rate actually shows a struggling economy
The government of Zimbabwe has consistently paraded the positive economic growth rate experienced over the past few years as a sign of a robust and thriving economy. To bolster its narrative, ...Published: 19 Jan 2025 at 12:23hrs | 437 | by Tendai Ruben Mbofana
Why Zimbabweans keep watching their money go up in smoke
It was 10 p.m. when a frantic pounding on Modester Nyangoni's door dragged her out of a deep sleep.That hot October day, she had been on her feet manning her stall at the largest market in Zim...Published: 25 Dec 2024 at 08:24hrs | 3083 | by Staff reporter
Zimbabwe's narrative: A view from the outside!
In the case of Zimbabwe, Robert Mugabe's government was democratic, economically savvy and politically astute, until one day, overnight, it became oppressive and intolerable.The sudden change ...Published: 22 Dec 2024 at 12:04hrs | 716 | by Kenneth Mufuka
Zimbabwe's capital city plunged into darkness
Harare, the Zimbabwean capital city, usually a hub of activity even during late evening hours, was plunged into darkness last night due to a power outage. Even the State House, Zimbabwe House, and the...Published: 17 Dec 2024 at 04:41hrs | 2677 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 374 | by Constantine Chikosi
Zimbabwe juggles US$1bn TBs to avert crisis
President Emmerson Mnangagwa's government is restructuring repayment terms for Treasury Bonds (TBs) as it grapples with escalating debt obligations and the looming threat of default. With nearly US$74...Published: 06 Dec 2024 at 18:06hrs | 302 | by Staff reporter
Zimbabwe lags behind South Africa in literacy rates?
Zimbabwe has secured the 4th spot in the ranking of African countries with the highest education levels in 2024, according to a report by Data Panda. The ranking is based on literacy rates and years o...Published: 05 Dec 2024 at 09:18hrs | 2700 | by Staff reporter
Zimbabwe farmers turn to maggots to survive drought
At first, the suggestion to try farming maggots spooked Mari Choumumba and other farmers in Nyangambe, a region in southeastern Zimbabwe where drought wiped out the staple crop of corn.After m...Published: 02 Dec 2024 at 07:28hrs | 1712 | by Staff reporter
Load More Stories
