A critical first step towards the promised economic awakening of Zimbabwe will be comprehensive debt relief. President Mnangagwa and his new government will need urgently to complete the technical analysis of Zimbabwe’s debt situation and assess the country’s long-term debt sustainability. This analysis must be
By 1000hrs every morning, hordes of unemployed Zimbabweans trying to make ends meet flood the Central Business District (CBD) of Harare to sell and advertise products of various corporates including banks, telecommunication companies and retail shops among others. These and many other informal traders selling virtually
With Zimbabwe among the largest informalized economies in the world, Old Mutual Limited has moved to tap into this largely un-banked community by scrapping the payslip requirement for its housing stands, Old Mutual Group Chief Executive Officer, Jonas Mushosho has revealed. Addressing a Harare International Festival
President Emmerson Mnangagwa has pledged to fix Zimbabwe's "poisoned" political environment and its shattered economy saying the country is now ready for international investors. Mnangagwa made the remarks during his maiden appearance at the World Economic Forum (WEF) in Davos, Switzerland. He said despite Investors' fears of inefficient bureaucracy, corruption,
Low commodity prices coupled with tight liquidity conditions and successive droughts effectively slowed down Zimbabwe's economic growth from 1.1 percent in 2015 to 0.7 percent in 2016, International Monetary Fund representative has said. Writing in the IMF Country Report Number 17/196, Country Executive Director, Maxwell Mkwezalamba said
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