The governor of Zimbabwe’s central bank has urged commercial lenders to reduce their charges following repeated complaints that they are excessive. “The banking sector has come under heavy scrutiny and criticism for high bank charges and fees,” John Musha... See more
Zimbabwe’s annual inflation rate has fallen below 10% for the first time since 1997, a milestone for a nation once synonymous with hyperinflation and trillion-dollar banknotes. The question now is whether the stability can last. The International Monetary... See more
Zimbabwe’s economy could grow at its fastest pace in 14 years after the nation secured a 10-month staff-monitored program with the International Monetary Fund, its secretary for finance and economic development said. The economy may expand by at least 8.5... See more
Zimbabwe’s High court said Impala Platinum Holdings local unit is not liable to pay mining royalties of $7.1 million on exports matte and concentrates. The court ruled in favour of Zimplats after the Zimbabwe Revenue Authority determined the company owed ... See more
Zimbabwe’s annual inflation rate fell to single digits for the first time since 1997, a development authorities say is essential to adopting the gold-backed ZiG as the country’s sole currency by 2030. Inflation slowed to 4.1% in January from 15% last mont... See more
