Morning clouds. Mild.
The southern African country faces chronic shortages of physical cash, so almost all transactions are done digitally, and many via mobile phones
A company owned by former Eskom acting chief executive Matshela Koko has been granted a licence to produce solar energy in Zimbabwe
Zimbabwe did not adopt the rand due to onerous conditions set by the South African Reserve Bank
Zimbabwe’s government may allow foreign investors to hold controlling stakes in diamond mines on condition that part of their output is reserved for domestic downstream industries.
More than two million Zimbabweans may need support to buy food between January and March 2019, according to a report released by the government and the World Food Programme.
Contrary to media reports, Australian Securities Exchange-listed entity Invictus Energy Limited is yet to discover oil, the company has said.
The US senate and congress have passed a bill meant to extend the sanctions that the world superpower imposed on Zimbabwe back in 2001.
Pressure is on Zimbabwe’s new leader to fulfil his pledges to be tough on corruption and to act fast to turn the country’s fiscal woes around.
Zimbabwe has secured a syndicated loan that will enable it to clear $1.7bn of arrears with the World Bank and African Development Bank.
From afar, it’s hard to imagine Zimbabwe getting much worse before it gets better. But speak to Zimbabweans and they will tell you that the picture is grim on the ground.
Zimbabwe's Finance Minister Mthuli Ncube says an equity law blamed for scaring off foreign investors would be abolished as the country seeks to woo fresh capital to shore up its moribund economy
The flag carrier is currently unable to repatriate proceeds from ticket sales due to Zimbabwe's severe foreign currency shortage.
Zimbabwe will supply the interbank foreign exchange market with $500m on Monday as its tries to resuscitate a currency trading system implemented in February that’s been plagued by a lack of liquidity
Auction companies are booming in Zimbabwe as companies and individuals - including Tongaat Hulett CEO Sydney Mutsambiwa and Mzi Khumalo's Metallon Corporation - default on loan payments or other financial obligations.
Zimbabwean consumer prices surged at their fastest pace since a hyperinflationary spiral a decade ago, casting a further shadow over the economic reform efforts of President Emmerson Mnangagwa.
Austin Mushanguri shakes his head in dejection and walks away from the fridges in an affluent supermarket in Zimbabwe’s capital after reading a sign saying he can only buy one bottle of beer instead of the dozen he’d hoped for.
Bank workers in Zimbabwe have demanded a 60% wage increase and have given finance institutions in the country a two-week ultimatum
Zimbabwe's Robert Mugabe, who has resigned as president, leaves behind an economy in tatters, with an estimated 95% of the workforce unemployed, public infrastructure crumbling and widespread shortages of cash and food.
Walk into Pedzai Nyika’s furniture factory in Zimbabwe’s capital and he’ll offer a 20% discount straight away - provided you pay in cash.
Zimbabwe is set to implement significant civil service sector reforms amid a ballooning budget deficit, says Finance Minister Patrick Chinamasa.
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