Vol 49 No 24 | ZIMBABWEBRITAIN Making money with Britain's help 28th November 2008 Share transfers can provide a means to export foreign exchange from Zimbabwe, as long as you get permission Reserve Bank Governor Gideon Gono and Harare businessman Mohammed I. Mohammed are using a British company to siphon tens of millions of US dollars out of Zimbabwe to...
Vol 49 No 23 | ZIMBABWE The Gono hot air balloon 14th November 2008 The Reserve Bank Governor has declared war on the currency with disastrous results Wresting the Finance Ministry from Robert Mugabe and his Zimbabwe African National-Patriotic Front (ZANU-PF) may prove a Pyrrhic victory for Morgan Tsvangirai and the Movement for Democratic Change...
Vol 49 No 23 | ZIMBABWE A mysterious US$100 million 14th November 2008 Vital questions emerge from the US dollarisation of Zimbabwe: where have all the US bills come from? How long can the supply continue? How will they be replaced...
Vol 49 No 23 | ZIMBABWE Mutual aid 14th November 2008 President Robert Mugabe initially responded to the world's financial crisis with more than a touch of Schadenfreude. This has given way to panic as the implications become clear....
Vol 49 No 21 | ZIMBABWE A diamond power play 17th October 2008 Allegations of gem smuggling and hints of top-level trickery prompt a UN investigation General Solomon Mujuru, former head of the army and politicalkingmaker, is caught up in a feud over the ownership of one of Zimbabwe’s biggest diamond mines. Mujuru’s company...
Vol 49 No 21 | ZIMBABWE Mugabe rearranges the deckchairs 17th October 2008 Almost a month after the signing of the power-sharing agreement, Zimbabwe is no nearer to a new cabinet. The ink was barely dry on the accord before President Robert Mugabe left for New York to address the United Nations General Assembly with a 60-strong entourage. Muddles...
Vol 49 No 21 | ZIMBABWE Hunger stalks the land 17th October 2008 Malnourished children are dying in the countryside and the next harvest is unlikely to be better. Malnourished children are dying in the countryside and the next harvest is unlikely to be better. The combination of the worst drought for a decade and bad government...
Vol 49 No 20 | ZIMBABWE Next, the economic battle 3rd October 2008 Even if the politics fare well, foreign economic support is both essential and uncertain The much-talked of US$1 billion rescue package for Zimbabwe's new power-sharing government is an illusion, according to British, United States and World Bank officials. There is no agreement...
Vol 49 No 20 | ZIMBABWE Politicians parley, people starve 3rd October 2008 Negotiations between the Zimbabwe African National Union-Patriotic Front and Movement for Democratic Change have been deadlocked for the past month over five key ministries: Information, Finance, Home Affairs,...
Vol 49 No 20 | ZIMBABWE Farms are the key 3rd October 2008 John Robertson, an economic consultant, says any recovery must start by restoring previous levels of agricultural productivity. 'They have destroyed the farming sector and shown no respect for...