Finance

Libya sues Zimbabwe for $100 million at UK High Court; dispute from Mugabe era fuel

By Bloomberg News Libya’s central bank is suing Zimbabwe’s finance minister and national oil company for more than $100 million
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Zimbabwe inflation hits single digits for first time since 1997

By Bloomberg News Zimbabwe’s annual inflation rate fell to single digits for the first time since 1997, a development authorities
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Zimbabwe diaspora remittances rose 14% to $2.45 billion last year

By Bloomberg News Zimbabweans living abroad sent $2.45 billion back to the southern African nation last year, a 14% increase
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Zimbabwe to continue mineral purchases in 2026, says Mushayavanhu

By Bloomberg Zimbabwe will continue to make strategic mineral purchases in 2026 in order to build its foreign currency reserves,
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Zimbabwe needs US$6bln in reserves for shift to single currency

By Channel Africa Zimbabwe will need up to $6 billion in reserves to fully transition to a mono-currency system by
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Remittances from Zimbabweans in the UK top US$779 million – Mthuli

By Bloomberg News Zimbabwe’s remittance inflows have surged over the past five years, a sign of the growing influence of
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Zimbabwe’s inflation set to drop amid stable currency and gold boom

By Reuters HARARE: Zimbabwe’s annual inflation rate could halve from current levels by the end of 2025, driven by a
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IMF lauds Zimbabwe’s economic progress, but says arrears block lending

By Reuters WASHINGTON: The International Monetary Fund said on Thursday it remains unable to lend to Zimbabwe due to the
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Global lenders freeze Zimbabwe’s debt restructuring talks; cite failure to pay $3.5 billion land compensation

By Agencies Global lenders have frozen Zimbabwe’s debt restructuring talks, citing the government’s failure to pay $3.5 billion in compensation
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IMF urges Zimbabwe to provide more clarity on de-dollarization plan

By Xinhua HARARE: The International Monetary Fund (IMF) has called on Zimbabwe to provide greater clarity on its plan to
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