Search / Arrears clearance
Zimbabwe adopts multi-pronged strategy to manage debt
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resource...Published: 14 Jul 2025 at 07:47hrs | 118 | by Staff reporter
Mnangagwa under fire over farms title deeds
President Emmerson Mnangagwa's controversial land tenure reforms have come under intense scrutiny amid criticism from war veterans and political observers, who argue the policy threatens to reverse Zi...Published: 13 Jul 2025 at 11:40hrs | 630 | by Staff reporter
Zimbabwe govt to settle parastatal debt
The Ministry of Finance, Economic Development and Investment Promotion says it is intensifying efforts to settle mounting debts owed to state-owned enterprises (SOEs), including telecoms giant T...Published: 06 Jul 2025 at 19:47hrs | 1607 | by Staff reporter
UK Minister backs Zimbabwe's Commonwealth re-entry bid
United Kingdom Minister for Africa, Lord Collins of Highbury, has welcomed Zimbabwe's ongoing efforts to rejoin the Commonwealth, commending the government's willingness to engage in reforms and dialo...Published: 17 Jun 2025 at 07:24hrs | 280 | by Staff reporter
IMF wants Zimbabwe's gold-backed ZiG to become sole currency
The International Monetary Fund (IMF) has expressed support for the full adoption of Zimbabwe's new currency, the Zimbabwe Gold (ZiG), as the country pushes to secure a staff-monitored program (SMP) t...Published: 11 Jun 2025 at 09:05hrs | 1156 | by Staff reporter
Mnangagwa meets IMF delegation amid worsening economic crisis
President Emmerson Mnangagwa yesterday held a high-level meeting with an International Monetary Fund (IMF) delegation currently in Zimbabwe for an Article IV Consultation, as the country grapples with...Published: 10 Jun 2025 at 10:10hrs | 978 | by Staff reporter
IMF team set to arrive in Zimbabwe
Zimbabwe is poised to take a crucial step towards restoring its economic credibility and unlocking foreign investment, with an International Monetary Fund (IMF) delegation expected this week to finali...Published: 01 Jun 2025 at 14:25hrs | 277 | by Staff reporter
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 421 | by `
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 | 99 | by Staff reporter
Zimbabwe's debt indaba on, AfDB meetings start
The African Development Bank Group (AfDB) has commenced its 2025 annual meetings today, featuring key agenda items including Zimbabwe's arrears clearance and debt resolution process, as well as ...Published: 26 May 2025 at 08:31hrs | 146 | 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 | 53 | 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, 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 | 165 | 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 | 132 | by Staff reporter
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
Zimbabwe white former farmers start receiving compensation
The Government of Zimbabwe has begun compensating white former commercial farmers whose land was repossessed during the Land Reform Programme, marking a pivotal step in the country's efforts to resolv...Published: 10 Apr 2025 at 09:01hrs | 91 | 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 | 1003 | by Staff reporter
Zimbabwe's debt unsustainably high
The International Monetary Fund (IMF) has warned that Zimbabwe's debt and external arrears remain unsustainably high, forcing the country to rely on its own resources to fund economic activities....Published: 16 Feb 2025 at 07:42hrs | 421 | by Staff reporter
Zimbabwe begins compensation of BIPPA protected ex-white farmers
Finance and Investment Promotion Minister Mthuli Ncube has announced the commencement of compensation payments to farmers under a US$20 million facility allocated in the 2024 National Budget. The paym...Published: 12 Feb 2025 at 06:41hrs | 781 | by Staff reporter
Mnangagwa praises Akinwumi Adesina
President Emmerson Mnangagwa has congratulated Dr Akinwumi Adesina for his outstanding leadership at the helm of the African Development Bank (AfDB), marking the end of his decade-long tenure as presi...Published: 08 Feb 2025 at 12:40hrs | 219 | by Staff reporter
Mnangagwa's personality cult grows
President Emmerson Mnangagwa and his loyalists have intensified efforts to create a political personality cult as part of a controversial campaign to extend his presidency beyond the constitutional tw...Published: 01 Dec 2024 at 12:21hrs | 541 | by Staff reporter
Zimbabwe, EU seek to rebuild ties
Zimbabwe and the European Union (EU) have expressed a shared commitment to restore their relationship to the cooperative levels seen before years of political and economic tensions, according to Forei...Published: 29 Nov 2024 at 06:52hrs | 100 | by Staff reporter
US wants Zimbabwe to double down on reforms
The United States is urging the Zimbabwe government to double down on reforms aimed at returning the country to the prosperity it once enjoyed.Speaking to reporters in Harare on Monday, Pamela...Published: 26 Nov 2024 at 08:20hrs | 948 | by Staff reporter
Zimbabwe under pressure over debt clearance
Zimbabwe is facing increasing pressure to implement the key reforms demanded as part of the ongoing arrears clearance and debt resolution process. With international mediators aiming to conclude the p...Published: 26 Nov 2024 at 08:12hrs | 124 | by Staff reporter
Mnangagwa ready to curb corruption, terrorism
President Emmerson Mnangagwa has announced that his government has strengthened the fight against corruption through enactment of various bills.Speaking during the high-level structured dialog...Published: 25 Nov 2024 at 12:11hrs | 1832 | by Gideon Madzikatidze/ Simbarashe Sithole
Zimbabwe diplomats to sign performance contracts
PRESIDENT Mnangagwa has rallied Zimbabwe's diplomats worldwide to attract investments, boost tourism, and enhance trade opportunities.To this end, all the country's diplomats will in fut...Published: 07 Nov 2024 at 07:02hrs | 193 | by Staff reporter
Govt happy with arrears clearance progress
The Zimbabwean Government has expressed optimism over the progress and milestones achieved in reforms under the arrears clearance and debt resolution process. During a meeting with Sector Working Grou...Published: 18 Oct 2024 at 08:32hrs | 73 | by Staff reporter
Over 400 ex-settlers to get compensation
In a significant development for former farm owners, over 400 individuals have been cleared for compensation under the Global Compensation Deed, aimed at addressing losses incurred during Zimbabwe's f...Published: 17 Oct 2024 at 08:59hrs | 194 | by Staff reporter
Zimbabwe scores milestones on arrears clearance process
The Government of Zimbabwe has received commendations for significant progress in the implementation of reforms under the Arrears Clearance and Debt Resolution process, a vital step towards transformi...Published: 17 Oct 2024 at 08:57hrs | 198 | by Staff reporter
World Bank says Zimbabwe needs economic stability to advance debt talks
Zimbabwe needs an uninterrupted period of macroeconomic stability of at least 12 months to help advance debt talks with international creditors over $21 billion it owes, the World Bank said.Ha...Published: 17 Sep 2024 at 06:52hrs | 409 | by Staff reporter
IMF says Zimbabwe's economy continues to show resilience
In light of new policy developments, an International Monetary Fund (IMF) staff team led by Mr. Wojciech Maliszewski conducted a second mission to Harare during June 18-27, 2024, to conclude the 2024 ...Published: 28 Jun 2024 at 13:01hrs | 5 | by Staff reporter
Zimbabwe demands major reductions on $19.2bn debt
Zimbabwe has asked its creditors for significant debt reductions on its $19.2 billion internal and external debt, Bloomberg reported on May 30, citing Finance Minister Mthuli Ncube."We will be...Published: 03 Jun 2024 at 09:07hrs | | by Staff reporter
Zimbabwe campaign for foreign direct investment intensifies
IN a strategic move meant to bolster the country's economic landscape, the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, is set to spearhead a series of F...Published: 07 Apr 2024 at 10:05hrs | | by Staff reporter
Mnangagwa regime doing the work of US sanctions in Zimbabwe!
My own views on this sanctions issue have always been that we needed to prove these measures were the cause of our suffering. I have never denied that there have been targeted sanctions impose...Published: 06 Mar 2024 at 23:01hrs | 6 | by Tendai Ruben Mbofana
Zimbabwe debt clearance talks on despite US disengagement
THE United States, through its embassy in Harare, has decided to disengage from participation in Zimbabwe's debt resolution and clearance programme and the round of negotiations resuming next month....Published: 23 Jan 2024 at 04:37hrs | 2 | by Staff reporter
Zimbabwe arrears clearance, debt resolution talks resume
THE next round of high-level talks on Zimbabwe's arrears clearance and debt resolution process will be held next month, marking yet another pivotal moment in the country's quest to clear its internati...Published: 21 Jan 2024 at 07:27hrs | 3 | by Staff reporter
Flawed elections can never be a 'closed chapter'!
Let me make this abundantly clear from the onset.There is no way a flawed electoral process can simply pass by and be forgotten without its severe repercussions haunting the nation for a very ...Published: 20 Nov 2023 at 09:43hrs | | by Tendai Ruben Mbofana
Zimbabwe GDP to grow by 4,8%
The International Monetary Fund (IMF) has reported that Zimbabwe's real gross domestic product is expected to grow by approximately 4.8 percent in the current year, driven primarily by robust performa...Published: 26 Oct 2023 at 06:26hrs | 1 | by Staff reporter
EU to withdraw support for Zimbabwe's Arrears Clearance and Debt Resolution process?
The European Union (EU) has delivered a significant blow by suggesting the possibility of withdrawing its support for Zimbabwe's Arrears Clearance and Debt Resolution process in light of the country's...Published: 10 Oct 2023 at 11:23hrs | 8 | by Staff reporter
Mumba's behaviour unheard of, says Chissano
FORMER Mozambican President Joaquim Chissano says he has "never heard of" a foreign election observer mission criticising a sovereign country's legislative framework during polls observation.H...Published: 27 Aug 2023 at 09:56hrs | 1 | by Staff reporter
Mthuli Ncube says development to continue in Cowdray Park
ZANU-PF candidate for Bulawayo's Cowdray Park, Professor Mthuli Ncube, has paid tribute to the electorate in the constituency for coming out in large numbers to vote in Wednesday's harmonised election...Published: 25 Aug 2023 at 06:27hrs | 1 | by Staff reporter
Joachim Chissano attends Mnangagwa rally
Former Mozambican president Joachim Chissano on Saturday attended President Emmerson Mnangagwa's star rally in Midlands amid reports he would also attend opposition CCC leader Nelson Chamisa's own ral...Published: 20 Aug 2023 at 09:47hrs | 14 | by Staff reporter
Mnangagwa says foreign observers must not come with predetermined conclusions on Zim polls
Foreign election observer missions should be open-minded and must not come with predetermined conclusions to discredit Wednesday's polls, President Mnangagwa has said.He said this yesterday wh...Published: 20 Aug 2023 at 09:22hrs | 15 | by Staff reporter
'SADC will not choose leaders for Zimbabweans'
ZIMBABWEANS must elect leaders of their choice in the upcoming harmonised elections, Southern Africa Development Community (SADC) chief election observer and former Zambian deputy president Never Sekw...Published: 18 Aug 2023 at 07:04hrs | 1 | by Staff reporter
Mr President, stop being blind to the obvious things
GOOD day President Emmerson Mnangagwa. Your Excellency, ancient wisdom has it that a guest sees in a minute what the host will have been blind to for a lifetime. Oftentimes, successive generations stu...Published: 02 Aug 2023 at 06:50hrs | 13 | by Cyprian M Ndawana
Zanu-PF must walk the talk on violence or be held accountable
PRESIDENT Emmerson Mnangagwa has been calling for a peaceful election campaign this year, but his party Zanu-PF has been called out several times by human rights monitors and election support groups a...Published: 20 Jul 2023 at 06:54hrs | 3 | by Staff reporter
UN commission condemns Zimbabwe's 'Logan Act'
The United Nations High Commission for Human Rights has added to the chorus of condemnation on Zimbabwe's enactment of the Patriotic Act, which criminalises the act of demonizing the country and presc...Published: 18 Jul 2023 at 06:28hrs | 25 | by Staff reporter
Mnangagwa under fire
PRESIDENT Emmerson Mnangagwa has been accused of launching a brutal attack on citizens' rights to freedom of expression, peaceful assembly, and association following his decision to sign off the draco...Published: 16 Jul 2023 at 09:25hrs | 14 | by Staff reporter
Exodus continues as Zimbabwean economy lies in ruins ahead of elections
Soaring inflation and collapsing ‘bond notes' are forcing more and more qualified people and professionals to flee the country.Zimbabwe's poor economic performance and depreciation of the su...Published: 03 Jul 2023 at 07:02hrs | 11 | by Staff reporter
Why Mnangagwa blocked Mthuli Ncube's export tax
PRESIDENT Emmerson Mnangagwa recently blocked Finance minister Mthuli Ncube's 10% tax on mining exports to pay arrears on the country's debt overhang - which makes it difficult for the government to b...Published: 02 Jul 2023 at 17:27hrs | 22 | by Staff reporter
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