Finance

Zimbabwe inflation doubles to 175.8% in June amid weakening currency

By Agencies Zimbabwe’s annual inflation rose to 175.8% in June from 86.5% in May, data showed on Monday, exacerbating a
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Kenya’s new tax package angers some backers of president who once vowed to reduce cost

By Associated Press NAIROBI: Kenyans are preparing for tough times after lawmakers approved tax increases that are even unpopular with
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Debt-plagued Zambia reaches deal with China, other nations to rework $6.3B in loans, French say

By Associated Press PARIS: Zambia and its government creditors, including China, have reached a deal to restructure $6.3 billion in
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Zimbabwean business fears government will interfere with the exchange rate

By Tawanda Karombo I Business Report Zimbabwean businesses fear that President Emmerson Mnangagwa’s administration, which is blaming foreign companies of
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Mnangagwa orders RBZ to stop foreign currency borrowing

By Reuters HARARE: Zimbabwe’s President Emmerson Mnangagwa has ordered the central bank to stop foreign currency borrowing, as the government
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Zimbabweans hit by rising prices as local currency plummets

By Reuters HARARE: Zimbabwean businesses and households are fearing a repeat of the hyperinflation seen more than a decade ago
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For the few women who sit atop S&P 500 companies, thinner paychecks as median compensation

By Associated Press NEW YORK: Last year was a mixed bag pay-wise for the women who run companies in the
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Zimbabwe’s CyberCity to permit blockchain and digital currencies

By Agencies Zimbabwe has embarked on plans to build a cybercity in the outskirts of the capital, Harare, to incorporate
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Zimbabwe’s monthly inflation back into negative territory in February

By Xinhua HARARE: Zimbabwe’s monthly inflation rate receded into negative territory in February to -1.6 percent, the first time in
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China looks to consumers to drive economic rebound

By Associated Press BEIJING: Chinese leader Xi Jinping’s agenda for the annual meeting of the ceremonial legislature: Revive the economy by
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