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Zimbabwe Abolishes Multicurrency System

HARARE - Zimbabwe’s government on Monday abolished a multicurrency system that has been in force since 2009 saying only the domestic currency can...

Zimbabwe Launches New Blueprint in September

HARARE - Zimbabwe’s Minister of Finance, Mthuli Ncube is to launch a new economic blueprint in September, replacing the Transitional Stabilisation Programme (TSP), which...

Trade war escalation nudges U.S. closer to recession

BENGALURU - The recent escalation in the US-China trade war has brought forward the next U.S. recession, according to a majority of economists polled...

China Curbs Gold Imports as Trade War Heats Up

LONDON/BEIJING - China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters,...

Zimbabwe Arrests 6 000 Artisanal Miners

HARARE - Police in Zimbabwe have arrested more than 6 000 artisanal miners in 11 months for engaging in violence and environmental degradation, according...

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