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Resultantly, Treasury says the country now has a capital requirement of US$40 billion.

Resultantly, Treasury says the country now has a capital requirement of US$40 billion.

Resultantly, Treasury says the country now has a capital requirement of US$40 billion.

Zimbabwe has made remarkable strides in implementing reforms necessary for resolving its debt and arrears with the hope of securing a sponsor to provide a bridge loan to “preferred creditors” by the end of next year, a senior Government official has revealed. Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, in an interview…

ZIMBABWE’S Finance ministry has resumed negotiations with creditors and the international community as Treasury seeks the resolve the country’s nagging debt overhang. With the country remaining in debt distress while borrowing is limited, public debt has continued to increase, driven by external arrears and legacy debt. BERNARD MPOFU Official figures show that despite making token…

An International Monetary Fund (IMF) team is in Namibia and will consult with civil society in the country on Wednesday, 13 March. The executive director of […]

AS prevalence of public sector corruption reaches alarming levels, the International Monetary Fund (IMF) has demanded that Zimbabwean authorities ensure the newly-established Mutapa Investment Fund (MIF) - which inexplicably replaced the Sovereign Wealth Fund - plugs potential financial leakages through transparency and accountability systems amid fears that the new scheme is a grand heist. This…

AS prevalence of public sector corruption reaches alarming levels, the International Monetary Fund (IMF) has demanded that Zimbabwean authorities ensure the new...

Is Mnangagwa and his Cabinet ready to bite the bullet and implement the demanded reforms? To a great extent, the answer is an emphatic no!

Is Mnangagwa and his Cabinet ready to bite the bullet and implement the demanded reforms? To a great extent, the answer is an emphatic no!