zimbabwe economic crisis

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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Renowned American economist Steve Hanke has said President Emmerson Mnangagwa is "giving a masterclass in economic stupidity and corruption" as his government struggles to address the economic and financial crisis facing Zimbabwe. Hanke, an…
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Former Deputy Information Minister Energy Mutodi has advised President Emmerson Mnangagwa to dissolve his entire cabinet in order to resolve the current economic problems currently irritating Zimbabwe adding that "Zanu-PF will not be able…
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Government has lifted restrictions on imports of basic commodities to individuals with free funds by lowering tariffs with immediate effect to make them affordable in the wake of the recent spate of price hikes in local shops.
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Former Finance Minister Tendai Biti said plans to take President Emmerson Mnangagwa to court over his recent policy that prohibits banks from lending were in place.
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The Reserve Bank of Zimbabwe (RBZ) is being accused of breaking the law by endorsing President Emmerson Mnangagwa’s "illegal" decree of banning banks from lending.
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Zimbabwe's government on Saturday ordered banks to stop lending with immediate effect in a move Harare said was designed to stop speculation against the Zimbabwean dollar and was part of a raft of measures to arrest its rapid devaluation on…
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