February 28
Zimbabwe: Zimbabwe's External Creditors Slammed for 55% Interest On Principal Debt
A huge chunk of the country's external debt has been worsened by exorbitant Principal Arrears (PRA) and Interest Rates (IRA) which in turn subdues the country's repayment efforts,… Read more »
December 08, 2023
Zimbabwe: Central Bank Fails to Pay Equatorial Guinea Debt for 40MW Solar Project
The Reserve Bank of Zimbabwe (RBZ) has reportedly failed to pay part of its debt to Equatorial Guinea for local investment in a 40MW solar project in Bwoni Village in Seke… Read more »
October 02, 2023
Zimbabwe: Zimbabwe Aims to Shake Off Election Criticism With New Debt Deal
Zimbabwe's president is preparing to restart talks on $14bn of unpaid debt as deep divisions persist over disputed elections in the southern African country. Read more »
May 26, 2023
Zimbabwe: Bad Debtors - Past Sins Catch Up With Dynamos As U.S.$10k Player Debt Haunts Club
Past transgressions seem to be catching up with Harare giants, Dynamos as they are entangled in a player debt conundrum with Aces Soccer Youth Academy being owed more than US$10… Read more »
April 11, 2023
Zimbabwe: AfDB Facilitates Clearance and Debt Resolution Dialogue in Zimbabwe
Zimbabwe moved closer to resolving its debt issues last week as it hosted the third debt and arrears clearance structured dialogue platform meeting with development partners and… Read more »
March 28, 2023
Zimbabwe: Former VP Mujuru Ordered to Settle U.S.$225K Debt From 2015
The Supreme Court has ordered former Vice President Joice Mujuru and her company, Ruzirun Investments to settle US$226 000 owed to farming equipment procuring company, Peppy Motors… Read more »
March 24, 2023
Zimbabwe: Woes Mount for Pervert Ex-CZI Boss - Loses Property Over Judgement Debt
It never rains but pours for former Confederation of Zimbabwe Industries (CZI) chief executive Farai Bwatikona Zizhou who was ordered by the High Court to pay his ex-personal… Read more »
February 28, 2023
Zimbabwe: EX Mozambique President Says Zimbabwe 'Bad History' Must Not Stifle Debt Talks
Former Mozambique president, Joaquim Chissano reiterated the need to avoid bad history between Zimbabwe and its lenders stifle the spirit of debt resolution engagement. Read more »
February 24, 2023
Zimbabwe: Mnangagwa Commits to Fair Elections As Zimbabwe Debt Resolution Bid Gets Tough
President Emmerson Mnangagwa has committed to conduct the forthcoming 2023 elections fairly amid indications that the country's creditors have identified the area as a requirement… Read more »
January 27, 2023
Zimbabwe: First Oil Cornered to Pay CMED U.S.$2,7 Million 2013 Debt
First Oil company has been cornered by the High Court, to pay US$2,7 million owed to CMED Pvt Ltd after having dodged the obligation for a decade. Read more »
July 13, 2022
Zimbabwe: African Development Bank Boss Agrees to Help Struggling Zimbabwe Resolve Debt
THE African Development Bank (AfDB) says it has accepted to assist Zimbabwe's US$13,5 billion debt clearance plan partly because of the need to alleviate the country's citizens… Read more »