Debt, power and poverty
Africa's debt stock owed to external creditors as at year 2021 stood at US$644,9 billion, a significant rise from US$443 billion in 2013.
By Matthew Garaviro Nyashanu
Sep. 15, 2023
The ‘Nairobi declaration’ brings Africa Climate Summit to a close
Climate adaptation is the main emphasis of the Bank's commitment to combating climate change, which it is advocating during the summit.
By Enos Denhere
Sep. 15, 2023
Key economic priorities for new govt
Thus, the new government needs policy clarity on whether to save the local currency and maintain the multiple currency regime or adopt the US dollar.
By Victor Bhoroma
Sep. 8, 2023
Dealing with financial stress
Without proper mental healthcare, a person’s life may be impaired.
By Jessie Mhaka
Aug. 18, 2023
Zim makes headway on debt clearance
Zimbabwe’s total consolidated debt amounts to US$17,5 billion. Debt owed to international creditors stands at US$14,04 billion, while domestic debt comes to US$3,4 billion.
By Melody Chikono and Belinda Chiroodza
Aug. 18, 2023
Zim economy: Research firm predicts moderate growth
This is despite authorities projecting that the economy will grow by 5,3% in 2023, notably higher than projections of both the International Monetary Fund (IMF) and the World Bank (WB).
By Melody Chikono
Aug. 18, 2023
Russia-Africa partnership: Who totally wins, what?
By all means, Africa needs Moscow and Beijing’s support, if the reformation of these organizations is going to be achieved.
By Kevin Tutani
Aug. 4, 2023
Premium
Govt fumes at IMF over ‘abandoned’ SMP
“When Zimbabwe plunged into hyperinflation (from 2019), the IMF team just left Zimbabwe and never came back,” an official said.
By Sydney Kawadza and Tinashe Makichi
Jul. 28, 2023
Why Zim must join debt framework
Using International Monetary Fund (IMF) estimates of a US$105 trillion global GDP, a debt to GDP ratio of 290% is deduced from these numbers.
By Kevin Tutani
Jul. 21, 2023