IMF to send team to Zimbabwe

HARARE, November 30 (The Source) – The International Monetary Fund will soon send a staff mission to Zimbabwe to meet with officials of the new government and assess the country’s fiscal and economic situation, Reuters reported on Thursday. Zimbabwe has a new president in Emmerson… Read More

IMF warns Zimbabwe against more borrowings

HARARE, July 7  (The Source) – The International Monetary Fund has warned Zimbabwe not to take on additional debt under non-concessionary terms, as the country pursues its arrears clearance plan with multilateral lenders. Last year the southern African nation, which has been in arrears since… Read More

The dark side of voting technology

By Dambisa Moyo, NEW YORK  – According to an unpublished “kitchen table survey,” conducted before last November’s presidential election in the United States, approximately 95% of the predominantly Hispanic members of one of America’s largest domestic unions preferred the Democratic candidate Hillary Clinton to her… Read More

Six foreign investors bid to revive NRZ 

By Kuda Chideme, HARARE, July 4 (The Source) – Six private investors, including SMH Rail Malaysia and South Africa’s Transnet on Tuesday submitted bid documents for a $400 million tender to recapitalize Zimbabwe’s struggling rail company. National Railways of Zimbabwe (NRZ), the country’s sole railway… Read More

A better investment framework for Africa

By Wolfgang Schäuble, BERLIN, Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realize this potential fully. That is why the German G20… Read More

The power of mini-grids

By Strive Masiyiwa and Richard Branson, HARARE – Despite impressive economic development in recent years, Africa still lags far behind on energy, with almost two-thirds of the continent’s citizens lacking access to electricity. While getting more power to the people is an important goal, extending… Read More