Zimbabwe is taking steps to clear the $23 billion it owes multilateral institutions, as talks with lenders progress well, President Emmerson Mnangagwa said. The authorities recognise that credibility and predictability are essential ingredients to restori... See more
Zimbabwe suspended exports of lithium concentrates and raw minerals as it pushes mining firms to set up processing operations in the country. The export ban is effective immediately until further notice, Mines Minister Polite Kambamura told reporters in t... See more
The governor of Zimbabwe’s central bank has urged commercial lenders to reduce their charges following repeated complaints that they are excessive. “The banking sector has come under heavy scrutiny and criticism for high bank charges and fees,” John Musha... See more
Zimbabwe’s annual inflation rate has fallen below 10% for the first time since 1997, a milestone for a nation once synonymous with hyperinflation and trillion-dollar banknotes. The question now is whether the stability can last. The International Monetary... See more
Zimbabwe’s economy could grow at its fastest pace in 14 years after the nation secured a 10-month staff-monitored program with the International Monetary Fund, its secretary for finance and economic development said. The economy may expand by at least 8.5... See more
