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Friday, February 22, 2019

Breaking: Zimbabwe De-Dollarises, Introduces Sovereign RTGS Currency

Harare: Zimbabwe has de-dollarised and now has a ''virtual local currency called RTGS Dollars'', said Former Minister of Economic Planning and Investment...

Slow Rescue Efforts for Zimbabwe’s 40 Trapped Miners

Harare: Zimbabwe’s Civil Protection Unit (CPU) has begun a desperate rescue effort, pumping water out of two flooded mines where over 40...

Southern Africa Faces Drought

The October 2018 to March 2019 rainy season in Southern Africa started nearly a month late, and rainfall totals to date are...

Angola Gets Over U.S $3 Billion IMF Boost

Luanda - Angolan President, João Lourenço, said on Thursday in Luanda that the USD 3.7 billion released to the country by the international Monetary...

Mozambican Community Fights Chinese Miner

Communities in the areas covered by the heavy sands concession of the Chinese company Haiyu Mozambique Mining, in northern Mozambique, are demanding the payment...

Another Flour, Bread Shortage Hits Zimbabwe

Harare: Zimbabwe faces another round of flour shortages and eventually bread and other confectionery products, one of the country’s biggest agro-processing giant warned on...

How to End Zimbabwe’s Worsening Economic Crisis

This article will be brief and straight to the point. There is no need to continue to pontificate on the political-economy of the country...

Southern Africa Faces Severe Food Insecurity – UN

More than 9.6 million people in Botswana, Eswatini,Lesotho, Madagascar, Malawi, Mozambique, Namibia, Zambia and Zimbabwe are expected to face severe food insecurity in the...

Zimbabwe’s Bad Economy Needs Good Politics – Magaisa

Zimbabwe’s economy is in terrible shape and that is an understatement. There’s panic, uncertainty and spculation. Prices of basic commodities are rising. Fuel is...

Mozambique Inks Loan Deal With AfDB

Maputo: THE Mozambican government and the African Development Bank (AfDB) on Monday signed agreements worth US$22.3 million to rehabilitate dams and promote agricultural business. ...