THE current fuel shortages in Zimbabwe are due to temporary lags in the banking system and working capital constraints faced by petroleum dealers, central bank governor John Mangudya has said. (more…)

AT least 31  people have been killed, while about 200 have been displaced in parts of eastern Zimbabwe hit by the peripheral effects of tropical cyclone Idai which lashed neighbouring Mozambique, according to the Civil Protection Unit. (more…)

ZIMBABWE'S year on year inflation rose to 59,39 percent  in February from 56.9 percent in January, pushed by increases in the price of basic goods, the statistics agency Zimbabwe Statistical Agency (ZimStat) announced on Friday. (more…)

ZIMBABWE continues to suffer from investor mistrust and capital flight, as analysts cite lingering currency risks, policy inconsistencies, high inflation and socio-economic instability among the factors behind this. (more…)

ZIMBABWEAN companies risk shutting down if employers capitulate to trade union demands for salary and wage hikes, economic analysts have said. (more…)

THE Food and Agricultural Organisation (FAO) says Zimbabwe will this year be forced to import more grains to offset effects of adverse weather conditions. (more…)

ZIMBABWEAN banks have traded over US$30 million on the newly-established interbank market, the central bank has said. (more…)

ZIMBABWE is set to embark on another International Monetary Fund (IMF) administered Staff Monitored Programme (SMP) in a bid to accelerate re-engagement with multi-lateral lenders, The Financial Gazette has learnt. (more…)

FORMER Finance minister Tendai Biti says the central bank’s decision to retain a portion of foreign currency receipts is illegal as it violates the country’s Constitution. (more…)

SOUTH Africa's President Cyril Ramaphosa flew into Harare on Monday evening, ahead of co-chairing the Bi-National Commission (BNC) with his Zimbabwean counterpart Emmerson Mnangagwa. (more…)