Austin Mushanguri shakes his head in dejection and walks away from the fridges in an upscale supermarket in Zimbabwe’s capital
Business
Zimbabwe expects to raise $700 million a year from a new tax on money transfers that triggered panic buying of goods from fuel to sugar and sent its quasi-currency plunging. The southern African nation, reeling from shortages of foreign exchange, is targeting total revenue of
Zimbabwe’s economic meltdown continued on Wednesday as several shops closed down, while those that remained open want to raise prices
Zimbabwean President Emmerson Mnangagwa said on Monday a new tax on electronic payments was a painful but necessary part of
By Staff Reporter GOODS are fast disappearing from supermarket shelves in Zimbabwe as consumers scramble to purchase the last signs
HARARE - Basic commodities have started disappearing from Zimbabwean shops' shelves, forcing people to hoard products as panic and a buying frenzy sets in. From beer, bread, cooking oil and other essentials, the fear of a return to the empty shelves of 2008/09 is forcing
Zimbabwe has appointed an independent administrator to run its loss-making national airline to try and revive its fortunes, according to
Dark, dirty and slow, Zimbabwe’s trains, like much else in the impoverished southern African country, have seen better days. Once
Zimbabwe’s cabinet agreed to cut government jobs as part of a program to stabilize the economy, the Information Ministry said.
Zimbabwe’s central bank finally conceded on Monday that its controversial bond notes, which were initially pegged at the same value