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Zimbabwe


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Zimbabwe introduces $100 billion dollar note

BBC NEWS | Africa | Zimbabwe introduces Z$100bn note Zimbabwe is to introduce a bank-note worth Z$100bn in response to rampant inflation - but the note will barely cover the cost of a loaf of bread. Some Zimbabweans are already calling for higher denominations in a country where the official annual inflation rate has exceeded 2,200,000%. Independent economists believe the real rate is many times higher....

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Zimbabwe's governing party and opposition begin talks

A report indicated they were close to reaching a deal on forming a unity government.

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Zimbabwe's Money Worth More As eBay Novelty Than As Actual Money

Amid Zimbabwe's mind-boggling hyper inflation, a new 100 billion dollar bank note has more value as a novelty item on eBay than on the streets of the capital. The note, launched this week, is worth enough to buy a loaf of bread - if you can find one on Zimbabwe's depleted store shelves. Meanwhile on eBay, the bill was on offer for nearly US$80. Notes in the millions of dollars are useful only as toilet...

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Rival Zimbabwe parties begin talks - Aljazeera.net

Aljazeera.net - 39 minutes agoZimbabwe's rival political parties have begun talks in an effort to resolve the political crisis created when Robert Mugabe declared victory following a presidential run-off on June 27. AllAfrica.com Xinhua

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Habakkuk in Zimbabwe

Christianity Today By a Zimbabwean pastor-scholar Posted 7/24/2008 We’re hungry, angry, and depending on a sovereign God. How long, O Lord, must I call for help, but you do not listen? Or cry out to you, “Violence!” but you do not save? Why do you make me look at injustice? Why do you tolerate wrong? Destruction and violence [...]

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Zimbabwe’s MDC, ruling party start full crisis talks

JOHANNESBURG (Reuters) - Senior negotiators from Zimbabwe’s main opposition MDC and the ruling ZANU-PF party began talks on Thursday and a report indicated they were close to reaching a deal on forming a unity government.

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REJOICE NGWENYA COMMENTARY: Zimbabwe - A Day In A Life Of Mr. Average

The Zimbabwean free market activist and political analyst writes : "Humans of the civilized world cannot fathom how on earth an average citizen survives in Zimbabwe. What with an inflation rate of more than ten million percent, a completely worthless currency and empty supermarket shelves, Darwinian adventure, Cesarean courage and Bonapartean arrogance can be the only vital ingredients in my daily...

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Zimbabwe manufacturing output falls 27 per cent - Summary

Harare - Output by Zimbabwe's crippled manufacturing sector fell 27 per cent last year as the country's factories operated at less than 20 per cent of capacity, according to figures issued Wednesday by the Confederation of Zimbabwe Industries. The dr...

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Mbeki to Urge EU Not to Sanction Zimbabwe

President Thabo Mbeki is expected to urge the European Union (EU) to drop sanctions against Zimbabwe and allow settlement of the political crisis through negotiations. Mbeki will hold talks with the EU's top leadership led by French President Nicolas Sarkozy and EU Commission President Jose Manuel Barraso in Bordeaux, France, tomorrow. South Africa's Ambassador to Brussels Anil Sooklal says the signing...

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Secondary Sources: Globalization, Tax Plans, Economic Test, Zimbabwe

A roundup of economic news from around the Web. Globalization: Dani Rodrik writes for the Project Syndicate writes about globalization under threat. “Gglobalization's cheerleaders … often behave as if the “other side” still consists of protectionists and anarchists. Today, the question is no longer, ‘Are you for or against globalization'’ The question is, ‘What should the [...]

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Austrian company helps Zimbabwe bank produce near-worthless money

Johannesburg - An Austrian company is supplying Zimbabwe's central bank with materials used in the design and printing of the country's virtually worthless money, a South African newspaper reported Thursday. Despite pressure on European companies to ...

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EU Sanctions and Cricket's New Zimbabwe Embarrassment

AS world cricket teetered on the brink of a split last night over holding the Champions Trophy in Pakistan, the International Cricket Council suffered further embarrassment for its shameful embrace of Zimbabwe. Discredited Zimbabwe Cricket president Peter Chingoka remained an ICC director supporting the Asian bloc's attempt to retain the tournament in Pakistan despite being included on a list of European...

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Zimbabwe Elections: Skepticism surrounds the motives of the dictatorship

By Izzy MutanhaurwaI am skeptical about the talks that are set to resume between our MDC and the Zanu PF in South Africa today. My main worry is the motive of the dictator and his military junta. What do they hope to achieve by the talks? Because surely they can not suddenly claim a heartfelt need to solve the political crisis in Zimbabwe that has been going on for over 10 years now. The events in...

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Zimbabwe is a tragedy

‘Zimbabwe is a tragedy in more ways than one. It is a despicable disgrace to Africa and reinforces the racist notion that black Africans are incapable of ruling themselves. We took over from the departing white colonialists and in country after country we ran our economies into a sump [sic] and ruined our countries.

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Zimbabwe’s Manufacturing Sector Shrunk By 28% in 2007

Zimbabwe’s manufacturing sector shrunk by 28 percent in 2007 while an eight-year economic crisis forced companies to operate at a paltry 18 percent of capacity, according to results of a survey published here on Wednesday. The Confederation of Zimbabwe Industries (CZI) manufacturing sector survey showed that industrial output dropped by 28 percent in 2007 compared to [...]

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Sri Lanka will replace Zimbabwe in England, Sri Lanka To Replace Zimbabwe For England In 2009, Zimbabwe as England opponents

Get Latest Cricket News Sri Lanka will play in England next year to fill in the place of Zimbabwe after the England and Wales Cricket Board's (ECB) decided to severe cricketing ties with the African nation.

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Parthiv looking to cement his place, Parthiv wants to use Lanka tour, Indian Test team, Parthiv Patel

Check out latest Cricket News Having earned a recall to the Indian Test team after four years, young wicketkeeper Parthiv Patel feels it is the 'Lady Luck' which has smiled on him and the left-hander is keen to cash in on the opportunity to cement his place in the side.

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Chappell lambasts ICC, Ian Chappell, Ian Chappell News, Chappell lambasts ICC for inaction on Zimbabwe

Check out latest Sports News Former Australian skipper Ian Chappell has lashed out at the ICC for adding yet another "ignominious" chapter in its "chequered history" by allowing Zimbabwe to stay on board and bending rules to placate Pakistan.