Economic Analysis

African banks sink into trouble

21st October 2016 Staff Reporter 51

Johannesburg – African banks are sinking deeper into trouble. Drowning in bad debt and swamped by slowing economies, more and more of the continent’s lenders are starting to fail. The collapse of a Ugandan bank, […]

Economic Analysis

‘It’s about trust not bond notes’

17th October 2016 Staff Reporter 0

As government prepares to introduce bond notes, jittery ordinary Zimbabweans — including a large cross-section of impoverished women —say the Reserve Bank of Zimbabwe (RBZ) has a herculean task of winning over the doubting public. […]

Economic Analysis

Zimbabwe economy tanks back into recession

5th October 2016 Staff Reporter 32

Harare – Zimbabwe will register negative economic growth of -0.3 percent in 2016 and -2.5 percent in 2017, the International Monetary Fund has projected, confirming the end of a seven-year rebound from a decade-long recession. […]

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