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#Zimbabwe runs out of bond notes, to issue new bond notes

Zimbabwe Seeks Bond-Note Funds as Afreximbank Facility Runs Out By Brian Latham (Bloomberg) — Zimbabwe is in talks about second loan facility to fund the issuance of further bond notes, Central Bank...

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Air Zimbabwe Cuts 70% of its workforce to prevent bankruptcy

By Godfrey Marawanyika and Desmond Kumbuka Dismissals needed to prevent bankruptcy, airline says State airline used to operate flights to Europe and China Air Zimbabwe is firing more than a third of...

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French President Emmanuel Macron says Africa’s main problem is ‘7-8 children...

French President Emmanuel Macron says Africa’s main problem is ‘7-8 children per woman,’ social media erupts French President Emmanuel Macron is in hot water for saying that one of Africa’s main...

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The First Airline Founded By A Black Woman Is Going International This Month

Last year, Air Zimbabwe and Ethiopian Airlines made major strides towards the inclusion of women in the aviation world with the launch of their all-women flight crews. Women continue to be at the...

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After Robert Mugabe land reform, Zimbabwe black farmers produce bumper...

  After Robert Mugabe land reform, Zimbabwe black farmers produce bumper harvest of 2.2 million tonnes of maize State support and good rains have led to a huge jump in maize production in Zimbabwe; 2.2...

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Africa Wealth Report: Zimbabwe citizens the poorest people in Africa

Cape Town – Mauritians are the wealthiest individuals in Africa with an average wealth of $25 700 per person, followed by South Africans with $11 300 per person, according to the latest Africa Wealth...

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Loss-making Air Zimbabwe is laying off some 200 staff as part of a...

Zimbabwe economy: Quick View – Air Zimbabwe lays off staff Event July 18 (Economist Intelligence Unit) — Loss-making Air Zimbabwe is laying off some 200 staff as part of a restructuring plan,...

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50 international banks blacklist Zimbabwe

Zimbabwe has lost the support of 50 international banks in the past decade due to Western sanctions, central bank governor John Mangudya has said. With now only three international banks availing...

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#Zimbabwe white farmers warn South Africa white farmers to share land with...

Zimbabwe white farmers’ union leader warns South Africa white farmers to share land with blacks   HARARE, July 21 (Reuters) – A Zimbabwean farmers’ union leader warned white South African farmers they...

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Multichoice -DSTV cuts services to Zimbabwe

ZIMBABWE’S crippling cash shortage is deteriorating to the point where SA companies operating there are not getting their money out. At a personal finance level, Zimbabwean households are battling to...

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#Zimbabwe to charge 150% duty for second-hand vehicles

‘150% duty for second-hand vehicles’ SPEAKER of the National Assembly Jacob Mudenda wants the Zimbabwe Revenue Authority (Zimra) to charge 150% in customs duty on second-hand vehicles, claiming...

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Exposed: Zimbabwe Bond Notes A Big Lie and Fraud

By Matt E.T. Matigari, HARARE, July 26 (The Source) – The Reserve Bank of Zimbabwe (RBZ), and its principals, are solely responsible for the most extensive and sustained drain of wealth and destruction...

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Zimbabwe’s Bumper Harvest: A Victory for Black Empowerment

Zimbabwe’s Bumper Harvest: A Victory for Black Empowerment Whereas the expectation was for Zimbabwe to perform poorly until at least 2020, in 2017, black farmers who took back their land have proved...

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#Zimbabwe, From Disaster To Disaster

Zimbabwe, From Disaster To Disaster Steve Hanke , CONTRIBUTOR I cover economics and finance.  Opinions expressed by Forbes Contributors are their own. The Zimbabwe Independent RBZ bond notes have...

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#Zimbabwe central bank to print USD300 million ‘bond notes’– hyperinflation...

#Zimbabwe central bank warms to print USD300 Million ‘bond notes’ – hyperinflation to shoot to the roof  * Zimbabwe to print $300 million more bond notes * Liquidity injection likely to mean...

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Zimbabwe: What on earth is going on?

Zimbabwe: What on earth is going on? Eddie Cross says the country is experiencing a potent mix of economic and leadership failure What on earth is going on? I have always said that if you think you...

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#Zimbabwe cash shortages can only get worse

The announcement by the Reserve Bank of Zimbabwe (RBZ) that it will more than double its issuance of bond notes put paid to any hopes that the monetary authorities will one day come up with a lasting...

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The #Zimbabwe Bond Notes Fraud Explained

Laughing all the way to the bank: Dear Reserve Bank Governor John Magudya, How many bond notes have you released onto the market already? Please be honest with us Governor. When we take the serial...

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#Zimbabwe banks’ profits jump 48%

Banks’ net profit for the half-year to June jumped 47,99% to US$100 million from US$67,97 million reported in the same period las year, the central bank said. By Chris Muronzi In his monetary policy...

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If You’re So Smart, Why Aren’t You Rich?

If You’re So Smart, Why Aren’t You Rich? New research suggests personality has a larger effect on success than IQ. By Faye Flam He also had a winning personality.  Photograph: AFP/Getty Images How...

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