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Latest Zimbabwe Economy News

  • Quadrillions 24 Jul 2008 02:50 GMT
    ... numbers with lots of zeros, that independent Zimbabwean economist John Robertson found himself chewing over ... far this year, the country ravaged by hyperinflation has been forced to print 100-million, 250-million and ...

  • Top runners to converge for Olympic Day Run 24 Jul 2008 02:30 GMT
    ... Sunday’s gathering, which is organised by the Zimbabwe Olympic Committee, is meant to promote the ... bodies make positive contribution to a nation’s economy," Mutoya said. The Police Band as well as ...

  • Zimbabwe talks to start today 24 Jul 2008 02:15 GMT
    ... FULL-scale talks aimed at resolving Zimbabwe’s months-long political crisis are now expected to ... Harare against a backdrop of an annual inflation rate that officially stands at 2.2million percent, although ...

  • Firm with licence to print Mugabe's money 24 Jul 2008 00:55 GMT
    ... enabling it to keep ahead of its hyperinflation crisis. Officials at the company confirmed yesterday that ... software used to design and print the Zimbabwe dollar, but would review this position if ...

  • Europe, US media reports on Zim discredited 24 Jul 2008 00:27 GMT
    ... yesterday said most negative media reports about Zimbabwe are discredited in the United States and ... earn more foreign currency to turn the economy around," said Merchant. The UN and its agencies ...

  • Full Zimbabwe crisis talks to start on Thursday 24 Jul 2008 00:27 GMT
    ... preliminary talks on Tuesday aimed at ending Zimbabwe's crisis, South African President Thabo Mbeki's spokesman ... accept his unopposed victory last month. Zimbabwe's economy has been in freefall since 2000, with ... since 2000, with the world's highest modern-day inflation at over two million percent, a virtually ...

  • Zim rivals fail to show for talks  23 Jul 2008 23:36 GMT
    ... President Thabo Mbeki, the chief mediator between Zimbabwe’s ruling Zanu-PF and the opposition Movement for ... against the backdrop of an official annual inflation rate of about 2.2million percent. Economists say the ...

  • Market Recap: Declining Crude Bolsters the Market 23 Jul 2008 22:50 GMT
    ... breakeven point, and the report that the economy found intensifying price pressures and slowing growth during ... from Dereck Nhamo, a warehouse manager from Zimbabwe, a country facing money shortages as "It ...

  • Zim manufacturing output nose-dives 23 Jul 2008 22:32 GMT
    ... HARARE - Zimbabwe's manufacturing output declined at a much faster ... vicious recession ravaging his country's once brilliant economy. class="MsoNormal"> The Confederation of Zimbabwe Industries (CZI) ... manufacturing sector class="MsoNormal"> The industrial body said employment numbers declined in 2007, which has been ...

  • Zanu-PF and MDC to start full talks on Thursday 23 Jul 2008 22:28 GMT
    ... begin in "earnest tomorrow" JOHANNESBURG (Reuters) - Zimbabwe's opposition MDC and President Robert Mugabe's ruling ... critics are puppets of the West. Zimbabwe's economy has been in freefall since 2000, with the world's highest inflation at over two million percent. ...

  • Declining Crude Bolsters the Market 23 Jul 2008 22:24 GMT
    ... breakeven point, and the report that the economy found intensifying price pressures and slowing growth during ... from Dereck Nhamo, a warehouse manager from Zimbabwe, a country facing money shortages as "It ...

  • Sudan: The 'Problem' With Bashir is That He's a Better Suspect Than Taylor 23 Jul 2008 22:17 GMT
    ... global defender of Bashir - and rogue Zimbabwe president Robert Mugabe's - government's against international ... resources in Africa to feed its booming economy, it's unwilling to risk that by seeming critical ...

  • Without a Trace: Controversial Source columnist disappears 23 Jul 2008 21:53 GMT
    ... Court to name George W. Bush president, Zimbabwe’s President Robert Mugabe and opposition leader Morgan ... to end the political crisis. Faced with inflation of over one million percent – by far ...

  • Crises, cynicism mark end of Mbeki's tenure in South Africa 23 Jul 2008 21:30 GMT
    ... twilight of his two-term presidency, with the economy flagging and his foreign policy under fire, ... Mbeki's handling of the disaster in neighboring Zimbabwe. Add to that the failure to curb ... Then, in May, frustration with stubbornly high unemployment boiled over in the country's poor townships. ...

  • Cambodians lose faith in elections 23 Jul 2008 20:34 GMT
    ... hang on to it, just like in Zimbabwe.” Most of the recent election rallies have ... corruption is endemic. The government has acknowledged inflation is currently running at about 17 per cent, ...

  • Covina native helps save elephants 23 Jul 2008 20:33 GMT
    ... family live in Harare, the capital of Zimbabwe. His son, Kai, was only 1-year-old when ... of its former glory. The country's failing economy is marked by high inflation and unemployment. "We never know when the ...

  • Raila heaps praise on Kibaki in UK tour 23 Jul 2008 20:22 GMT
    ... end to violence against MDC supporters in Zimbabwe. Raila said Zimbabweans had been "cheated of ... infrastructural development and create opportunities for long-term employment." Speaking at Chatham House in London – ...

  • Right to Protection (R2P) from the World's Rich 23 Jul 2008 18:27 GMT
    ... parts of the world. Hunger in Global Economy * Nearly one in four people, 1.3 billion ... richest men are more than the combined GNP of all the least developed countries on ... face the EU’s decision? The case of Zimbabwe is no different. The international media has ...

  • Africa's Mining Industry Digs Deeper to Meet Demands of Commodities 'Super Cycle' 23 Jul 2008 18:23 GMT
    ... are in Africa -- including in Mozambique, Zimbabwe and Sierra Leone -- but none are ... Mining overall contributed 7% to South Africa's GDP in 2006. When adjusted for associated services and additional ...

  • Zimbabwe rivals to start full talks on Thursday 23 Jul 2008 17:55 GMT
    ... Zimbabwe's state-run Herald newspaper said Justice Minister Patrick ... critics are puppets of the West. Zimbabwe's economy has been in freefall since 2000, with the world's highest inflation at over two million percent. (Additional reporting ...

  • Lufthansa cancels more than 500 flights as pilot strike at subsidiaries continues 23 Jul 2008 16:51 GMT
    ... Sector weakness and signs of sluggish profitablity weighed on Ericsson shares despite better-than-expected sec... Zimbabwe, grappling with hyper-inflation, introduces a new 100 billion Zimbabwe dollar bank note in a bid to t... ...

  • Zimbabwe business confidence slumps as talks begin 23 Jul 2008 16:51 GMT
    ... Business confidence in Zimbabwe fell even lower last year, the country's ... of food and fuel and world record inflation of over 2 million percent. "The CZI and ...

  • Moneysupermarket.com soars after bid approach 23 Jul 2008 16:33 GMT
    ... Sector weakness and signs of sluggish profitablity weighed on Ericsson shares despite better-than-expected sec... Zimbabwe, grappling with hyper-inflation, introduces a new 100 billion Zimbabwe dollar bank note in a bid to t... ...

  • Zimbabwe rivals discuss power-sharing deal 23 Jul 2008 16:32 GMT
    ... forced millions of refugees to flee to Zimbabwe's neighbours. Zimbabwe's state-run Herald newspaper said Justice ... critics are puppets of the West. Zimbabwe's economy has been in freefall since 2000, with the world's highest inflation at over two million percent. ...

  • Overpopulation Worries Seem Unfounded 23 Jul 2008 16:32 GMT
    ... about how overpopulation causes poverty, poor health, unemployment, malnutrition and overcrowding, human beings are the ... land. The energy used, per dollar of GDP, has been in steep decline, again getting ... prosperity is government. A recent example is Zimbabwe’s increasing misery. Like our country, Zimbabwe had ...


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"This is still a tribal society. So, forget about anyone handing him over."
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