Tag: Zimbabwe

Zimbabwe Annual Inflation Soars to 837%

Annual inflation in Zimbabwe accelerated to 837.53% in July, the Zimbabwe National Statistics Agency said on Saturday in a Twitter post. The year-on-year rate for June was 737.3%. The monthly…

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U.S. Hits Zimbabwe with Sanctions over ‘Queen Bee’ Corruption

The U.S. sanctioned Zimbabwean businessman Kudakwashe Tagwirei, an adviser to the President Emmerson Mnangagwa, for alleged corruption it said has derailed the nation’s economic development. The Office of Foreign Assets…

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After Two Members Contract Covid-19, Zimbabwe Suspends Parliament

Zimbabwe has suspended most parliamentary business after two lawmakers and two other people tested positive for the coronavirus. “Two members of parliament had been confirmed positive,” parliamentary Clerk Kenneth Chokuda…

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Zimbabwe President Picks Fight With Tycoon Over Economy Crash

Zimbabwe’s president has picked a fight with the country’s most successful businessman. The economy may be the loser. Under pressure from a plunging currency and 737% inflation, President Emmerson Mnangagwa’s…

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Demanding Pay In Dollars, Zimbabwe Doctors Issue two-week Strike Notice

Senior doctors at Zimbabwe’s state hospitals issued a two-week strike notice demanding salaries be paid in US dollars and for supplies of personal protective equipment against the coronavirus. “Our salaries…

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Zimbabwe’s Ruling Party Appears to Back Expulsion of Insurance Giant

Zimbabwe’s ruling party said it will expel Old Mutual Ltd. from its financial system, sowing confusion over the status of the insurance giant in the country and what will happen…

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How Zimbabwe’s Cook Off Romcom was made for $8,000

Zimbabwe's first film to feature on streaming service Netflix is a romantic comedy about a struggling single mother who finds love and good fortune in a TV cooking show contest.…

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