Given the high profile of this announcement and its timing before a ZANU-PF congress and in advance of further rounds of AfDB-led debt negotiations, who was it being aimed at? Was it disgruntled war veterans who have been criticising the party elite? Was it the international donors who want...
The Debt Ceiling, Explained The November reading is one that is closely watched by Federal Reserve officials. Tim SmartDec. 20, 2024 Inflation Comes in Below Expectations As Congress races against the clock to come up with a new bill to fund the government, the chances of a shu...
HARARE, Sept. 26 (Xinhua) -- Zimbabwe has asked Britain to help it revive and implement a debt arrears clearance plan, dubbed the Lima plan, agreed with global lenders including the World Bank, International Monetary Fund (IMF) and the African Development Bank (AfDB) in 2015. Under the pla...
HARARE, Aug. 19 (Xinhua) -- Zimbabwe plans to borrow 1.9 billion U.S. dollars from the Group of 7 industrialized states to clear its debts to the African Development Bank (AfDB) and the World Bank, Finance Minister Mthuli Ncube has said. Mthuli said immediately after clearing the debt, ...
The Debt Ceiling, Explained The cap on how much the government can borrow has become a political football, but the consequences are very real. Tim SmartDec. 20, 2024 Inflation Comes in Below Expectations The November reading is one that is closely watched by Federal ...
Behind the scenes, even while Mr Mugabe wasrunning the country into the ground, Mr Mnangagwa was more open to the idea of tackling these problems, according to diplomats. He backed aborted attempts, eventually scuppered by his boss, to clear up Zimbabwe’s debt arrears and get international ...
Investor News 412, 2024 Econet Wireless Zimbabwe – Interim Dividend Notice Dividend Declaration The Company has declared an interim dividend of US$ 0.36 cents per share for the quarter […] 1811, 2024 Econet Wireless Unreviewed Abridged Consolidated Interim Financial Statements for the Half Year end...
Zimbabwe has pleaded with international institutions to help it clear billions of dollars in debt arrears so the country can avoid economic collapse and unlock funds to fight the coronavirus pandemic. Without urgent aid to clear arrears owed to official lenders, the southern African nation faced “...
Switzerland has the lowest HAMI score in the world. One reason for that is the Swiss debt brake. The debt brake has worked like a charm. Unlike most countries, Switzerland’s debt-to-GDP ratio has been on a downward trend in the last two decades, since it enshrined its debt brake into...
Ncube said the drought had affected agriculture output and the country expects to import 1.4 million metric tonnes of grain. To ease hunger across the country, Zimbabwe received around $32 million drought insurance last week from an African Union agency. Government has...