zimbabwe economic crisis

Steve Hanke, a Professor of Applied Economics at The Johns Hopkins University in Baltimore has taken a swipe at Zimbabwean President Emmerson Mnangagwa accusing him of "giving a masterclass in economic stupidity and corruption."
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Festus Nyoni picked out a few items in a supermarket in Zimbabwe’s capital, looked at the prices and knew she was in the wrong place. She abandoned her shopping cart and headed for a nearby street jammed with traders offering bargains in…
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Opposition Citizens Coalition for Change (CCC) vice president Tendai Biti has accused "incompetent clueless charlatan" Finance Minister Mthuli Ncube of being "run and controlled by cartels" while crushing the economy.
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President Emmerson Mnangagwa has been accused of wrongly blaming the business sector for the spiraling inflation coupled by the financial crisis while exonerating the Reserve Bank of Zimbabwe (RBZ) which has reportedly been on a spree of…
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Zimbabwe’s currency weakened almost 14% in the weekly central bank auction, just days after Finance Minister Mthuli Ncube called for changes to how the foreign-exchange market is managed.
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Masimba Holdings, a prominent contracting and industrial group, which gets several government contracts especially in road construction, has implored authorities to urgently implement corrective measures to restore economic stability in the…
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During recent budget consultations, Finance minister Mthuli Ncube revealed that the proposed 2023 budget would be $3,4 trillion, up by 79%, from the 2022 budget of $1,9 trillion, including the supplementary budget.
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Renowned global economist Steve Hanke has slammed President Emmerson Mnangagwa’s administration for failing to quash inflation in Zimbabwe and called the ruling party "a criminal organisation".
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Taking to Twitter, constitutional lawyer and former Zimbabwean finance minister Tendai Biti said that this was the third time in 14 years that the regime has pushed the economy into hyperinflation territory, and says that those in positions…
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Opposition Citizens Coalition for Change (CCC) leader Nelson Chamisa said, if voted into power, his government would start with full dollarization before creating "a conducive environment and the right confidence levels for the adoption of…
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