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DEBT-DISTRESSED Zimbabwe is desperately pinning its hope on the Highly Indebted Poor Countries (HIPC) initiative and the mortgaging of minerals to expunge its US$18 billion burden...
PRESIDENT Emmerson Mnangagwa has effectively parked a globally endorsed debt-and-arrears clearance plan for political expediency as the Zanu PF leader seeks to retain power at all...
TREASURY is set to settle a part of external debt owed by the Reserve Bank of Zimbabwe (RBZ) in 2022, through the Reserve Bank of Zimbabwe...
THE Zimbabwean government is likely to increase its borrowing in the second half of the year, as the country is facing spending pressures due to the...
ZIMBABWE’S total debt stock has soared to US$18 billion as of December 2022 from US$17.2 billion reported in prior comparative period as the distressed economy struggles...
THE government’s decision to assume the Reserve Bank of Zimbabwe (RBZ)’s external debt has been done without consulting Parliament, which is likely to weigh heavily on...
PRESIDENT Emmerson Mnangagwa has effectively clipped the central bank’s powers after the government this week gazetted a statutory instrument which stops the apex bank from borrowing...
THE champagne socialists who run Zanu PF are an amusing lot. They throw a tantrum when Zimbabweans tell them the truth about the ruling party’s catastrophic...
AFRICAN Development Bank (AfDB) president Akinwumi Adesina has flagged political governance reforms as the elephant in the living room in Zimbabwe’s quest to normalise relations with...
FINANCE minister Mthuli Ncube on Thursday held crunch meetings with three sector working groups tasked with breaking the country’s debt logjam ahead of the next leg...
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