Financial Gazette (Harare)

Weekly business coverage of Zimbabwe and southern African


June 25

May 07

February 27

February 05

  • Zimbabwe: Chinamasa Silent On Power Debt

    Finance Minister Patrick Chinamasa has remained largely silent about ZESA Holdings' request for government to take over the US$114,8 million interest on the Federation-era debt to... Read more »

  • Zimbabwe: Zesa in Us$106m Actuarial Deficit

    ZESA Pension Fund's ability to meet its pension obligations is in serious doubt as the power utility is facing a US$106,297 million actuarial deficit, rendering its social security... Read more »

  • Zimbabwe: African Sun Clears Short-Term Debt

    Listed hotel and leisure group, African Sun Limited (ASL), reduced its debt by 22 percent during the financial year ended September 2014 under a restructuring exercise aimed at... Read more »

January 15

  • Zimbabwe: Agric Ministry Cancels U.S $30 Million Debt

    CSC lost its market dominance when the European Union banned beef imports from Zimbabwe in 2001. Read more »

  • Zimbabwe: Zesa Defaults

    POWER utility, ZESA Holdings, is saddled with a staggering debt amounting to about US$800 million, with most of it now due but insufficiently covered, the Financial Gazette has... Read more »

November 20, 2014

April 10, 2014

  • Zimbabwe: Govt Accrues Massive Power Debt

    GOVERNMENT has accrued over US$114 million in interest on its Federation-era debt to Zambia inherited after the taking over of power generation assets that had been shared between... Read more »

February 27, 2014

  • Zimbabwe: Debt Undermines Growth

    ZIMBABWE'S foreign and domestic debt will continue to undermine the country's creditworthiness and compromise its ability to secure new funding, analysts have warned. Much of the... Read more »

August 16, 2013

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