Harare Business News

Tendai Biti, who inherited a near-basket-case economy when he assumed the role of finance minister in March, was broadly optimistic about Zimbabwe’s prospects, but left little doubt of his concern that bickering within the government was holding the economy back....

Campaigners vow to continue fight over Zimbabwe's diamond fields Anger after regulatory body refuses to suspend African country following claims of killings and rapes in mining district Ian Evans Groups campaigning to suspend Zimbabwe from a diamond regulatory body say...

Some Zimbabwean banks have started giving loans to their account holders, signaling faith in ongoing government efforts to reinvigorate the country’s battered economy. Most of banks are now offering low interest personal loans to salaried account holders, and corporate loans...

Zimbabwe's central bank is again revaluing its dollar, removing 12 zeros from the currency. The revaluation comes into action, to curb hyperinflation in the southern African country. The Reserve Bank of Zimbabwe said that it is reducing one-trillion dollars to...

Bcause of hyper-inflation now, the central bank to continue to release new banknotes. To overcome cash shortages,Zimbabwe's central bank has introduced a 10 billion Zimbabwe dollar banknote, worth $20 on the black market. The food and fuel are in short...

"The $500 million note is worth about 8 U.S. dollars and enough to buy just eight loaves of bread. Thursday, the greenback was trading around ZW$60 million and is expected to shoot up in light of the new note's introduction......

Zimbabwe's Central Bank Governor has revalued the state currency. Ten billion dollars will now equal one dollar. That is right he just shaved off an incredible ten zeros off the previous currency. The announcement comes on the heel of the...