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South Africa’s Consumer Inflation Rises

Annual consumer price inflation quickened to 5,9% in March from 5,7% in February, placing it just below the upper limit (6%) of the South...

Zuma Tells Corruption Inquiry There is Conspiracy Against Him

JOHANNESBURG - Former South African president Jacob Zuma told a corruption inquiry on Monday that there was a conspiracy against him and that his enemies...

Huge Import Bill Driving Zimbabwe Inflation

HARARE - A flood of imported goods has inspired the rise in year on year inflation, with furniture, clothing and household equipment leading the charge...

Cyclone Survivors in Zimbabwe Burn Church Pews to Keep Warm

HARARE - On March 15, the earth shook so violently in Ngangu that people thought an earthquake had struck. It turned out to be thousands...
Reserve Bank of Zimbabwe governor John Mangudya

The Reserve Bank of Zimbabwe on Forex Backlog

The Reserve Bank of Zimbabwe (RBZ) has stepped up to create prices and economic stability after clearing the bulk of outstanding foreign currency auction...