International Monetary Fund

President Emmerson Mnangagwa claims 28 000 gold coins have been sold since their introduction last year, helping to raise ZWL22,2 billion (US$27,5 million) and dealing a blow to the parallel market. Mnangagwa said this while heaping praise…
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President Emmerson Mnangagwa’s administration has pointed a middle finger at the recommendations made by the International Monetary Fund (IMF) on measures to ease inflation in Zimbabwe.
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The International Monetary Fund (IMF) has issued a strong rebuke of President Emmerson Mnangagwa’s regime especially on how it is managing the economy and emphasised the need for uncompromising reforms in order to curb the skyrocketing…
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International Monetary Fund (IMF) has insisted that it will not allocate money to Zimbabwe without a clear path to comprehensive restructuring of external debt, "including the clearance of arrears; a reform plan that is consistent with…
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Zimbabwe is yet to use close to US$1 billion allocated to the country under the Special Drawing Rights (SDRs) from the International Monetary Fund (IMF) in August last year.
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It is now seven months since Finance Minister Mthuli Ncube promised to present to Parliament how government was going to utilise around US$1 billion allocated to Zimbabwe under the Special Drawing Rights (SDRs) from the International…
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Wearing a grey suit, white shirt and red tie, the 79-year-old former leader, appeared relaxed even as power cut out several times during his testimony, which was broadcast live on local television channels.
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This past Friday marked exactly thirty-four years since the shocking killing of Burkina Faso's then President, Thomas Sankara, described by his followers as the African Che Guevara. Sankara, a Pan-African, was shot dead aged 37 by…
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The bulk of the country’s foreign currency earnings come from export proceeds, development partner support and diaspora remittances.
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But Coltart said the funds were a part of a worldwide Covid-19 relief package targeting developing countries even those with bad leaders and not a "vote of confidence". "This is not a 'vote of confidence' - every developing country in…
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