mthuli ncube

Zimbabwe Food Crisis Worsens With Few Signs of Corn Imports

Zimbabwe Food Crisis Worsens With Few Signs of Corn Imports

Zimbabwe insists it’s prepared to deal with a deepening food crisis, but the United Nations says that so far there’s little evidence that enough corn is coming in to feed the drought-stricken nation’s
A currency swap deal with China could backfire on Zimbabwe’s hope to build forex reserves

A currency swap deal with China could backfire on Zimbabwe’s hope to build forex reserves

Zimbabwe joins South Africa, Nigeria and Ghana which also have currency swap arrangements with China.
How to understand why Zimbabwe is bringing back the Zim dollar and the limits of mobile money

How to understand why Zimbabwe is bringing back the Zim dollar and the limits of mobile money

"If we don’t address fundamentals especially around the cost of production then the new currency might not work."
Seven Million. That’s the Number of Zimbabweans in Need of Food

Seven Million. That’s the Number of Zimbabweans in Need of Food

About half of the Zimbabwe’s 14 million people lack reliable access to enough food as a result of the worst regional drought in almost 40 years, according to the Finance Minister Mthuli Ncube.
Zimbabwe Reaches ‘Tipping Point’ as Inflation Blacked Out

Zimbabwe Reaches ‘Tipping Point’ as Inflation Blacked Out

Zimbabwe’s finance minister responded to the country’s worsening economic crisis last week by blacking out inflation statistics for the next six months, boosting the price of the little power that’s
Back to 2008 in Zimbabwe as Currency That Wrecked Lives Returns

Back to 2008 in Zimbabwe as Currency That Wrecked Lives Returns

For Zimbabwe’s government, the reintroduction of the national currency a decade after its demise is a return to “normalcy.”
The Zimbabwean dollar makes a return a decade later but uncertainty reigns
Zimbabwe Leader Wants New Currency, IMF Loan in Revival Bid

Zimbabwe Leader Wants New Currency, IMF Loan in Revival Bid

Zimbabwean President Emmerson Mnangagwa and his finance chief want a new currency by March, would seek financing from the International Monetary Fund and may even consider a Eurobond offering as the
Zimbabwe’s plan to compensate white farmers is facing a backlash from party loyalists and the farmers

Zimbabwe’s plan to compensate white farmers is facing a backlash from party loyalists and the farmers

President Mnangagwa's land compensation plan faces critics from white farmers and his own party
Zimbabwe is trying to bring back its own currency but no one seems to think it’ll work

Zimbabwe is trying to bring back its own currency but no one seems to think it’ll work

The conditions aren't right for a new currency warn economists
African Borrowers Face Risk of Debt ‘Tipping Point’

African Borrowers Face Risk of Debt ‘Tipping Point’

A third of African countries have unsustainable debt positions and the continent must reduce its reliance on foreign funding for projects that don’t help them service loans, Zimbabwean Finance
Zimbabwe is sliding into violent political meltdown as its dire economy comes off the rails

Zimbabwe is sliding into violent political meltdown as its dire economy comes off the rails

Zimbabwe is sliding into a violent meltdown and it’s expected to worsen, unless there are some serious interventions. Days of mass protests have been characterized…
Zimbabwe economic troubles in 2018 are starting to look like 2008’s hyperinflation crisis

Zimbabwe economic troubles in 2018 are starting to look like 2008’s hyperinflation crisis

Empty shelves in supermarkets, rising cooking oil prices and never-ending queues for petrol queues. In recent weeks it has seemed like Zimbabwe’s economy has returned…