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Zimbabwe

Zimbabwe

Population: 16.48m
GDP: $34.41bn
Debt: 98.5% of GDP (2024)

news from Zimbabwe

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Found 601 articles.

Displaying 161-170 out of 601 results.

Mugabe moves on Marange

The government is consolidating diamond-mining companies. This could put the President’s family in overall control

Since the government has declared that there isn't enough room in the diamond-mining area of Marange for the seven existing firms, Mbada Diamonds is expected to be the...


Trafigura takes over Sakunda

The global oil trader is taking over the ZANU-PF-connected fuels distributor as part of a regional expansion campaign

Trafigura is consolidating its grip on the fuel supply and distribution market in Zimbabwe with the acquisition of Sakunda Energy via its South African subsidiary, Puma Energy Africa...


Scramble for the top

President Mugabe’s refusal to favour anyone for the party succession is leading not only to uncertainty but to a free-for-all for the top job

President Robert Mugabe’s continued stonewalling on the leadership succession threatens chaos as increasing numbers of politicians from the ruling Zimbabwe African National Union-Patriotic Front throw their hats into...


Diamond to the rescue

Promises of a bond issue and a revival in investment from a fund run by the former head of Barclays Bank offer a glimmer of hope for the government

After six months of unmitigated bad economic news, Finance Minister Patrick Chinamasa has seized on the news that the Atlas Mara fund run by Bob Diamond, a former...


Another Diamond raises cash for Harare

Promises of a bond issue and a revival in investment from a fund run by the former head of Barclays Bank offer a glimmer of hope for the government

After six months of unmitigated bad economic news, Finance Minister Patrick Chinamasa has seized on the news that the Atlas Mara fund run by Bob Diamond, a former...


Grace under fire

Farm seizures are damaging strong businesses but also threaten the availability of credit for the whole economy

A fresh wave of farm expropriation led by President Robert Mugabe's wife, Grace Marufu Mugabe, has unsettled the few external lenders still supporting Zimbabwe's fragile economy. Some are...


Snakes on a plane

The latest crisis at Air Zimbabwe is mainly about politics, particularly the battle between the two factions competing for the succession

The factions supporting the two main contenders to succeed President Robert MugabeJoice Mujuru and Emmerson Mnangagwa – are fighting for control of the state airline,...


Unsuccessful successions

The leaders of the ruling and main opposition parties have something in common: an increasingly noisy campaign to persuade them to go

Managing successions in any political system is tricky while the incumbent is still alive: in traditional Shona culture it has been well nigh impossible. In different ways, President...


State corruption complicates succession battles

Each of the factions vying to succeed Mugabe is accusing the other of cover-up and grand corruption as reports emerge of multimillion dollar pay-offs

President Robert Mugabe's frequent trips to Singapore are for nothing more serious than treatment for cataracts, according Rugare Gumbo, the Spokesman for the ruling Zimbabwe African National Union-Patriotic...


Falling out with the Mugabes

One of the presidential family’s business partners loses his mining rights after they fall out over a flat in Hong Kong

Zimbabwe has confiscated the platinum and copper interests of Hsieh Ping-sung without compensation after he fell out with President Robert Mugabe and his family, Africa Confidential has learned....


Displaying 161-170 out of 601 results.