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Dollars still dominate the economy despite the launch of the ZiG

The country’s largest independent brokerage says the government should restore the trust of its citizens instead of forcing them to abandon the dollar

It has been four months since the introduction of the ‘Zimbabwe Gold’ or ZiG on 8 April and confidence in the currency has not improved. The official exchange rate betw...


Paranoia on show as Harare hosts summit

Rights groups outraged as SADC hands its chair to Mnangagwa after security agents arrest and beat up over 100 activists

Such was the ferocity of the government’s assault on civil society activists and oppositionists ahead of the Southern African Development Community (SADC) summit in Harare on...


Hurdles for Progressive Caucus

The coalition of opposition parties has lost some members to Ramaphosa’s Government of National Unity while another is embroiled in the VBS scandal

When the United Democratic Movement’s Bantu Holomisa and Economic Freedom Fighters’ Julius Malema called a press conference on the morning of 14 June at the Cape Town C...


Privinvest on the hook

London’s High Court has awarded Mozambique over US$825 million and more than $1.5 billion in indemnity for payments relating to the country’s $2bn of state-guaranteed h...


The markets bet on Ramaphosa's grand coalition

The key test for the Government of National Unity is whether it can mobilise the billions needed to revive growth and cut unemployment

The excitement in the markets over the launch of the Government of National Unity (GNU) has to be balanced against the enormity of the challenges confronting the leaders of its 11 ...


Against the odds, can the new ZiG currency tame inflation?

With 80% of business still priced in US dollars, many are sceptical of the latest monetary plan

Dropped into its sobering assessment of Zimbabwe’s economic prospects the IMF Article IV review team offered some qualified support for the Zimbabwe Gold (ZiG) currency on 28...


Gargantuan debt servicing poses threat

The lessons of Kenya’s crisis loom large as Luanda officials search for a way to cut repayment demands

Angola is Africa’s second-biggest oil producer but is facing what is arguably the continent’s worst debt crisis. Unlike fellow heavily indebted economies in Ghana and Z...


Displaying 1-10 out of 2658 results.