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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 596 articles.

Displaying 171-180 out of 596 results.

Essar on hold

Negotiations drag on but the relaunch of ZISCO will take place before year's end, according to the Commerce and Industry Minister


Arms-for-minerals trades exposed

Zimbabwe has parcelled out choice mining concessions to Russia and China in exchange for arms – but they may have sold them too cheaply

Deals to trade mining concessions for arms from Russia and China were arranged privately during the period of the coalition government by Zimbabwe African National Union–Patr...


Mugabe's farm in sanctions row

The President and his wife run a dairy business. A German firm has been supplying them for four years, even though the couple are under EU sanctions

The German firm Wilhelm Guth Ventiltechnik has been supplying components to Robert and Grace Mugabe's dairy in defiance of international sanctions. Its wholly-owned subsidiary, Gut...


Struggles with the economy

The ruling party’s skill at winning elections is as great as its grasp of the economy is weak. It is casting about for help and inspiration

It is becoming clear that the cost of the Zimbabwe African National Union-Patriotic Front’s July electoral victory is the loss of the financial credibility built up by Tendai...


ZANU-PF power struggles resume

With the election out of the way, the party resumes the postponed battle for the succession – and the knives are out

For a party that could so skilfully engineer the July national election, the Zimbabwe African National Union–Patriotic Front has been curiously inept at managing its own inte...


Van Hoogstraten in airline sell-off

Air Zimbabwe is under new management and looks set for privatisation. The new board wants to borrow from the notorious entrepreneur and ZANU-PF donor Nicholas van Hoogstraten

The state-owned national airline, Air Zimbabwe, has approached controversial British tycoon Nicholas van Hoogstraten for cash to help revive its operations. The programme may resul...


The sanctions card is worn out

Blaming the West and the MDC for the economy’s woes does not get more believable just because it’s repeated in New York and Washington

Zimbabwe celebrated World Food Day on 16 October in its own, idiosyncratic way. The local United Nations office took out an advert in the press pointing out, among other things, th...


Glencore and the fuel firms

The indigenisation board claims the commodity trader is financing a local front company to buy the country’s biggest fuel-trading firm

The proposed buyer of the national fuel distribution company Zuva Petroleum, Woble Investments (Private) Limited, is using the global commodities trader Glencore’s money for ...


ZANU-PF expands its business empire

The security chiefs and their political allies use diamond revenue to buy up a national fuel distribution company

The head of the firm FBC Holdings, John Mushayavanhu, is at the centre of a mysterious plan to buy a controlling stake in a national fuel distribution company, Zuva Petroleum. FBC ...


Gems make friends

After intense lobbying by Belgium, on 24 September the European Union lifted its ban on diamond imports from the Zimbabwe Mining Development Corporation and its partners – Ma...


Displaying 171-180 out of 596 results.