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Zimbabwe Central Bank Chief's fate to be decided next week |
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Wednesday, 15 April 2009 02:08 |
A meeting between principals of Zimbabwe's inclusive government to determine the fate of Reserve Bank of Zimbabwe governor Gideon Gono has been scheduled for April 20, The Zimbabwe Times can report.
The crucial meeting was initially scheduled for Monday last week but was deferred following the death of Prime Minister Morgan Tsvangirai's grandson.
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Zimbabwe suspends own currency for a year |
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Wednesday, 15 April 2009 02:06 |
Zimbabwe will not use its own local currency for at least a year, a state media reported on Sunday, while it tries to repair an economy which critics say was destroyed by President Robert Mugabe.
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White farmers demand $5bn to vacate land |
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Wednesday, 15 April 2009 02:04 |
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Zimbabwe’s white commercial farmers have demanded US$5 billion in immediate compensation from the government before they can vacate their farms, their leadership said on Thursday. "The compensation is equal to the country’s present debt, about US$5 billion," Commercial Farmers’ Union (CFU) president |
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Zimbabwe seeks funds for landmark constitution |
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Wednesday, 15 April 2009 02:02 |
Zimbabwe has appealed to international agencies and organisations to fund the drafting of its first post-independence constitution that will lead to new free and fair elections as outlined under a unity deal signed between president Robert Mugabe and the opposition.
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Little Impact From Suspension of Zimbabwe Currency - Economists |
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Wednesday, 15 April 2009 02:00 |
The Zimbabwean government's decision to shelve the national currency for a year doesn't change very much because the local dollar had lost virtually all of its value and almost no one used it any more, economists said Monday.
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Constitutional committee established |
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Wednesday, 15 April 2009 01:57 |
Zimbabwe's unity government has set up a 25-member parliamentary committee to spearhead the drafting of the country's first post-independence Constitution.
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Zimbabwe shops shelves fill up but customers stay away |
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Wednesday, 15 April 2009 01:51 |
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The demise of Zimbabwe's local currency, the Zimbabwe dollar, and the reappearance of goods on the recently barren shop shelves is an equation that ensures the status quo: ordinary people are unable to feed themselves. |
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Zimbabwe slowly turning the corner |
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Wednesday, 15 April 2009 01:39 |
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Stephen Madagaisa’s face carries the telltale traces of bitterness, hope and resignation common to many Zimbabweans trying to rebuild their lives in a shattered economy taking its first tentative steps on the road to recovery. |
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Zimbabwe cuts 2009 revenue estimate by US$900m |
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Thursday, 19 March 2009 18:30 |
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 Zimbabwe has slashed its estimate for this year's revenue by nearly half, the finance minister said on Wednesday, with no sign of badly needed foreign aid and investment to help the new unity government.
The 2009 budget revision to $1 billion from $1.7 billion was revealed as the country struggles with 90 percent unemployment, hyperinflation and shortages of basic goods. Zimbabweans hope the government between President Robert Mugabe and Prime Minister Morgan Tsvangirai will halt a decline that Mugabe blames on Western sanctions but critics say was caused by his reckless policies. |
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US$2 Billion Loan From Pretoria Mooted in Zimbabwe-South Africa Talks |
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Thursday, 19 March 2009 18:28 |
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Following a meeting in Victoria falls between Zimbabwean and South African officials, official sources said Tuesday that Pretoria is considering a loan of US$2 billion to Harare. |
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