April 4

• Zimbabwe: Riozim Restructures Debt

  Embattled mining firm, RioZim Limited, is restructuring its expensive debt to fend off a going concern crisis after high interest rates guzzled into profits, generating a US$5,5... Read more »

March 21

• Zimbabwe: ASL Restructures Debt

  AFRICAN Sun Limited (ASL) is negotiating with its bankers for debt restructuring, as the hotel and leisure group seeks to cut borrowing costs and improve the bottom line. Read more »

March 7

• Zimbabwe: Debt Payment Clears Way for Kariba Expansion

  PRELIMINARY work on the expansion of the Kariba South hydro power plant is now expected to begin after it emerged the US$27 million debt owed to a Chinese bank by Zimbabwe has been... Read more »

February 7

• Zimbabwe: Debt Cripples Zim - Biti

  FINANCE Minister Tendai Biti's address to business executives at a briefing in Harare this week could pass for a lamentation. Read more »

January 12

• Zimbabwe: Riozim to Settle Debt With Capital Bank

  LISTED mining firm RioZim Limited is to settle its US$3 025 963,21 debt to Capital Bank Corporation Limited, formerly Renaissance Merchant Bank (RMB), by March this year, a deed of... Read more »

December 6, 2012

• Zimbabwe: Banks Penalise Seed Co

  Zimbabwe's banks have raised interest charges on the country's largest seed producer, Seed Co Limited, after reviewing the group's risk profile due to a rollover of debt. Read more »

October 18, 2012

• Zimbabwe: Radar's Debt Worsens Going Concern Risk

  Building materials group, Radar Holdings Limited, extended its insolvency risk after adding debt to its beleaguered balance sheet, pushing current liabilities far ahead of current... Read more »

September 20, 2012

• Zimbabwe: Copac Still Owes Hotels

  THE Constitution Parliamentary Select Committee (COPAC), charged with drafting a new supreme law for the country, has failed to pay outstanding food and accommodation bills owed to... Read more »

August 2, 2012

• Zimbabwe: Econet Seeks Govt Help to Recover U.S.$80 Million

  ECONET Wirless Zimbabwe has engaged government to recover US$80 million it is owed by TelOne and NetOne in interconnection fees, the company's chief executive officer, Douglas... Read more »

June 29, 2012

• Zimbabwe: Impact of Euro-Zone Debt Crisis On Zim

  The global financial markets are in turmoil with the source of this instability remaining the debts within members of the single currency, the Euro. Greece continues to attract the... Read more »

June 16, 2012

• Zimbabwe: Govt in a Bid to Clear Debt

  In a bid to save cash-strapped local authorities from collapse, the government this week ordered all urban councils to submit reports of how much they are owed by various... Read more »

May 20, 2012

• Zimbabwe: Copac Debt-Ridden

  THE Constitutional Parliamentary Select Committee (COPAC), charged with drafting a new supreme law for the country is failing to settle outstanding hotel bills owed to various... Read more »

• Zimbabwe: Bigwigs' Debts Cancelled

  HIGH-RANKING government officials and politicians are among people whose debts amounting to over US$5 million were written off due to poor record keeping by the Zimbabwe National... Read more »

April 29, 2012

• Zimbabwe: The Toxic Debt Overhang [opinion]

  Borrowing, or leveraging as it is known in business circles, is a timeless means by which a party without current means is able to consume or acquire something, with the intention... Read more »

March 17, 2012

• Zimbabwe: Mozambique Cuts Off Power Over Debts

  MOZAMBIQUE this week halted power exports to Zimbabwe to force the country's cash-strapped power utility, ZESA Holdings to settle part of a US$75 million outstanding debt. Read more »

March 10, 2012

• Zimbabwe: Zesa Disconnects Sable Chemicals Over Debt

  The Zimbabwe Electricity Distribution Company (ZEDC), a unit of power utility, ZESA Holdings, has disconnected fertiliser manufacturer, Sable Chemicals, a subsidiary of Chemplex... Read more »

January 16, 2012

• Zimbabwe: India Planning U.S.$100 Million Credit to Govt

  India is planning to provide a soft credit of US$100 million to Zimbabwe for development of its health sector and to help the country in skill development. Read more »

October 24, 2011

• Zimbabwe: Debt Versus Equity Funding [column]

  Funding issues continue to be a problem in Zimbabwe, from the national level right down to the level of individuals. Indeed, if inflation was the number one enemy of the country in... Read more »

October 13, 2011

• Southern Africa: Swazi Bailout - Emergence of Regional Politico-Economics [column]

  THE Kingdom of Swaziland is under a crippling budget deficit that the International Monetary Fund (IMF) has pegged at 14,3 percent of the country's gross domestic product. Read more »

September 19, 2011

• Zimbabwe: Airzim Debt Escalates, Board's Term Expires . . . [interview]

  AIR Zimbabwe (AirZim)'s planes have been grounded for a couple of months now and there are no prospects that the airline, which is haemorrhaging because of excessive debt, could... Read more »

August 22, 2011

• Zimbabwe: No Solution in Sight At Airzim

  NATIONAL airline, Air Zimbabwe, says it has no financial resources to clear a US$9 million debt it owes staff in salary arrears dating back to last year, casting doubts over its... Read more »

August 1, 2011

• Zimbabwe: Govt Owes Parastatals U.S.$87 Million

  GOVERNMENT owes various State entities nearly US$90 million for services rendered which it is now struggling to extinguish due to budgetary constraints. TelOne, according to... Read more »

July 25, 2011

• Zimbabwe: State in U.S.$10 Billion Debt Distress

  ZIMBABWE'S inclusive government has failed to control the country's runaway external debt, with latest figures indicating that the external debt stock had breached the US$10... Read more »

July 11, 2011

• Zimbabwe: Political Wrangles Hamper Debt Relief

  FINANCE Minister Tendai Biti has said the inclusive government is seeking the cancellation of some of its debts but its efforts were being hampered by the political squabbling in... Read more »

July 8, 2011

• Zimbabwe: Managing Debt Problems [opinion]

  The statistic revealed by the Minister of Finance after the first quarter of the year that delinquent debt stood at 34 percent of banks' advances (against tolerable levels of less... Read more »