After peacefully electing President Emmerson Mnangagwa in July, many hoped the country would emerge from turmoil and return to prosperity. Instead, it appears to be imploding since the new finance minister introduced a raft of measures aimed at breathing life into the country's sickly economy. Now, like a repeat of 2008, long queues for fuel have reappeared and food prices have been spiralling out of control due to a currency crisis.
Govt On Top of the Situation, Says Mangwana
The Herald, 9 October 2018
Government says there are enough stocks of basic commodities and panic-buying and illegal hiking of prices was an artificial crisis aimed at profiteering and pushing some hidden… Read more »
Retailers Urged to Limit Available Goods
263Chat, 10 October 2018
The Confederation of Zimbabwe Retailers (CZR) has urged retailers that still have stocks to ensure efficient distribution of the available goods and ration them to ensure wide… Read more »
Govt to Revoke Licences From Businesses Hiking Prices - VP Mohadi
New Zimbabwe, 10 October 2018
Vice President Kembo Mohadi says fuel station operators and retailers found selling their products in foreign currency risked having their business licences revoked by government. Read more »
The Zimbabwe Congress of Trade Unions has called for national protests as the country's economic crisis worsens, but police say they would halt any demonstrations in Harare due to ... Read more »
Zimbabwe's Central Bank has directed banks to open separate accounts for local and foreign currencies in a fresh attempt to solve the country's cash crisis. Bond notes are a ... Read more »
The Zimbabwe government has changed the tax on all electronic transactions from 5 cents per transaction (no matter how large) to 2 cents per dollar. Finance and Economic ... Read more »
A U.S.$3,5 million Bugatti Veyron was offloaded at Robert Mugabe International Airport - but people are asking who buys a car for that much to drive on Zimbabwe's pothole-ridden ... Read more »
Former Botswana president Ian Khama has warned Zimbabwe's Emmerson Mnangagwa to only allow in investors who'll create employment for significant numbers of Zimbabweans. Khama - has ... Read more »
Zimbabwe has only two forensic pathologists in the public sector according to Health and Child Care Minister Obadiah Moyo - forcing families to wait for weeks before they can bury ... Read more »
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