Zimbabwe debt

  • Business Briefs

    High Court orders Mthuli Ncube to disclose Zimbabwe’s foreign debts

    THE High Court has ordered Finance minister Mthuli Ncube to publish details of all loans and guarantees incurred by government from January 2017 to December 1, 2020 with the African Export–Import Bank (Afreximbank) and other international financiers. The ruling was handed down on Tuesday by Justice Happias Zhou after Harare North legislator Allan Norman Markham and the Community Water Alliance…

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  • Business Briefs

    Mthuli Ncube suffers headache over Zimbabwe’s ballooning debt

    ZIMBABWE is in debt distress and this could provide the biggest challenge on efforts to recover the economy from the abyss of collapse. Finance and Economic Development Minister Professor Mthuli Ncube presented a ZWL$421.6 billion 2021 National Budget on Thursday, and once again it leaves more questions than answers. According to the budget statement, the country’s external debt is estimated…

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  • Analysis

    Govt in huge debt, nobody will lend us money: Eddie Cross

    ECONOMIST Eddie Cross says the Zimbabwe Government is hamstrung by a huge debt burden which it has been failing to resolve for over twenty years. Cross, who sits on the Reserve Bank of Zimbabwe’s Monetary Policy Committee board, suggests that a new culture of saving must be embraced not just by Government and the private sector, but at the individual…

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