Tag: Economy

Biti has criticised Mugabe's regular and costly foreign excursions

Take Mugabe’s Passport – Biti

Opposition People’s Democratic Party (PDP) president Tendai Biti has literary advocated that the law be used to take globetrotter President Robert Mugabe’s passport from him. Biti said government must enact a law that restricts Mugabe from excessive foreign travel. Mugabe’s voyages to international conferences such as the ongoing UN ocean […]

Zimbabwe has relied on 'bond notes' since economic mismanagement rendered its own currency worthless

RBZ laundering probe raises politicians’ ire

The Reserve Bank of Zimbabwe (RBZ) claims it has earned the ire of several politicians it has investigated for possible money laundering, with some of them calling to express their anger. RBZ financial intelligence unit (FIU) director, Mirirai Chiremba said the way money laundering had grown in the country had […]

Zimbabwe tobacco is booming, but farmers growing it are not

Zimbabwe tobacco is booming, but farmers growing it are not

Farmer Simon Kahari recently sold tobacco worth more than $6000 at an auction in Zimbabwe, a small fortune reflecting the golden leaf’s resurgence in this southern African country. Yet because of Zimbabwe’s dire economic problems he ended up sleeping in an auction house toilet that night, hungry and wondering if […]

Rotten to the core-Zimbabwe Vigil Diary

Rotten to the core-Zimbabwe Vigil Diary

Figures are important, particularly for Zimbabwe where they simply don’t add up. Let’s start with Mugabe’s trip to the Mexican resort of Cancun less than a week after he returned from seeing his doctors in Singapore. Mugabe travelled by chartered airliner with an entourage of three dozen people.  All of […]