HARARE (AP) – Seven Chinese nationals being held in a Zimbabwe jail for money laundering and unlawful possession of rhino horn on Thursday lost their legal bid to have their charges dropped. They were arrested […]
Almost two decades of profligate monetary policy has destroyed Zimbabwe’s economy and fueled rampant inflation, decimating the savings of its people twice. Hyperinflation of as much as 500 billion percent in 2008 made savings worthless […]
Macroeconomic performance – The economy performed better than expected in 2018, expanding by an estimated 3.5%, driven by agriculture, supported by relatively peaceful elections. Cash shortages and the three-tier pricing system coupled with foreign exchange […]
HARARE – The government says it will deduct leave days from teachers who went on strike earlier this month. The Public Service Commission, in a statement, said it had compiled a list of teachers who […]
Mobile operating systems can prove tedious to navigate for first-time smartphone users or luddites, who are forced to use a mobile device. Despite a few operating systems available on the market, each manufacturer offers their […]
HARARE (Reuters) – The United Nations on Thursday launched an international appeal for aid for Zimbabwe following a drought that it expects to affect around a third of the population as crop yields plummet. Seasonal […]
HANOI, Vietnam (AP) — The nuclear summit between President Donald Trump and North Korea’s Kim Jong Un collapsed Thursday after the two sides failed to reach a deal due to a standoff over U.S. sanctions […]
MADRID (Reuters) – A clinical Barcelona won 3-0 at Real Madrid in an intense second leg of their Copa del Rey semi-final on Wednesday as a Luis Suarez double helped them secure a 4-1 aggregate […]
MANCHESTER, England (Reuters) – The Premier League title battle appears a two-horse race after leaders Liverpool and champions Manchester City both won on Wednesday while third-placed Tottenham fell to a second straight defeat. Liverpool thrashed […]
Zimbabwean money transfer agencies face problems in meeting their customer obligations owing to termination of correspondent — bank arrangements between local banks and international finance institutions are are now planning on importing their own banknotes. […]
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