Zimbabwe’s Central Bank Technically Bankrupt As Liabilities Outstrip Assets, Say Economists »

From VOA News – By Gibbs Dube, 20th January 2010

The bank’s problems started soon after it embarked on various programs which are said to have benefited the then Zanu-PF government through printing of money to finance grassroots economic schemes, referred to as quasi-fiscal activities
The Movement for Democratic Change formation of Prime Minister Morgan Tsvangirai has [...]

FP Interview: Roy Bennett »

From Foreign Policy – By Laura Wells,  23rd November 2009
The white archnemesis of Zimbabwean President Robert Mugabe speaks out about the terrorism charges against him, the country’s flailing power-sharing government, Mugabe’s misdeeds, and why he may well have to die for his cause.

(Pictured: Senior Zimbabwean MDC opposition official Roy Bennett, right and Prime Minister Morgan [...]

Zimbabwe parliament passes bill to reform central bank »

From Reuters – By MacDonald Dzirutwe, 18th November 2009

Critics blame Gideon Gono for policies that helped cripple the economy — stoking inflation by printing money and taking over functions of the national treasury, including buying farming inputs and extending financial support to government departments.
HARARE, Nov 18 (Reuters) – Zimbabwe’s parliament on Wednesday unanimously approved a [...]

Gideon Gono Must go: Sadc »

From The Zimbabwe Standard – By Sandra Mandizvidza, 14th November 2009
“He is not going to be put anywhere near finance, actually he must not even be seen in a tuckshop,”
A SOUTHERN African Development Community (Sadc) ministerial team that assessed the implementation of Zimbabwe’s troubled power-sharing arrangement recommended that Reserve Bank governor Gideon Gono should be [...]

Unreformed Zimbabwe Central Bank Discouraging Donors, Says Finance Minister »

From VOA – By Patience Rusere. 11th November 2009
Zimbabwean Finance Minister Tendai Biti has told Parliament that he is unable to persuade international donors to provide “a single cent” for the country’s 2010 budget – as opposed to food aid or other humanitarian assistance – out of fear funds could be diverted.
He made the comment [...]

Massive RBZ-sponsored looting exposed »

From The Zimbabwe Times – By Takarinda Gomo, 10th November 10 2009
HARARE – Mildred Chiri, the Comptroller and Auditor General of Zimbabwe, is a very brave woman. Mai Chiri, as she is popularly known, tabled her first quarter report for 2009 in Parliament recently.
To say it was a damning report that exposed rampant corruption and [...]