Ray Ndlovu

The switch from the current system, where the central bank sets a daily price and permits incremental day-to-day changes, will be determined by market developments, said Matshe.

Bulawayo’s mayor warns that the crisis may spark an exodus of residents.

Zimbabwe‘s economic fortunes are looking up, despite the nation having to contend with a crippling drought and being shunned by capital markets since a 1999 debt default, Finance Minister Mthuli Ncube said.

Emphasises that the country has learned how to manage its affairs properly. By Ray Ndlovu and Jennifer Zabasajja, Bloomberg 15 Nov 2024

Zimbabwe plans to collar and track the movement of dominant female elephants at a national park the size of Connecticut in a bid to lessen the conflict between the world’s second-biggest population of the pachyderms and rural farmers.

Zimbabwe's sixth attempt in 15 years to establish a national currency is already running into trouble.

Zimbabwe’s sixth attempt in 15 years to establish a national currency is already running into trouble.

A plunge in water levels at the world’s largest man-made reservoir, which has left Zambia and Zimbabwe without power for hours, shows why they need to diversify their energy sources, according to a top official.

Zimbabwe’s decision to adopt tariffs that reflect costs has sparked a wave of investments in the energy sector that will help ease its power crisis.

Zesa expects power cuts to end late next year and imports to stop in 2026, according to its roadmap.