<div><p>Captains of industry are pinning their hopes on talks between Zimbabwe's political rivals as a chance to stop the rot after a survey on Wednesday showed investor confidence at a new low of two percent.</p><p>"Industry will give full support to the agreement ...
<div><p>Amid echoes of the action taken by Germany to halt the hyper-inflation of the 1920s, people in Zimbabwe will tomorrow start to use a new currency introduced by the central bank to halt the African country's runaway increase in the cost of ...
<div><p>Oil prices held firm in London on Tuesday after slumping a day earlier on worries about tumbling energy demand in the United States amid fresh financial turmoil.</p><p>Brent North Sea crude for delivery in April gained 29 cents to 42.50 dollars a barrel ...
<div><p>Oil prices rebounded Tuesday a day after a steep plunge as the market reconsidered worries about tumbling energy demand in the United States.</p><p>New York's main futures contract, light sweet crude for April, closed at 41.65 dollars a barrel, up 1.50 dollars from ...
<div id="subtitle">Zimbabwe president, longtime opponent ask for $5 billion in aid for economic recovery plan</div><div><p>President Robert Mugabe and a longtime opposition leader-turned-finance minister made an unusual joint appeal Thursday for $5 billion (euro3.66 billion) in international aid to revive Zimbabwe's shattered economy.</p ...
<div id="subtitle">West African regional economic body suspends Guinea's membership following coup</div><div><p>West Africa's regional economic body has suspended Guinea's membership following a military coup in the country, officials said Saturday.</p><p>The decision was taken in an extraordinary session ...
<div><p>Zimbabwe's humanitarian disaster is far worse than anticipated with only six percent of the population formally employed and more than half in need of emergency food aid, a UN report said Thursday.</p><p>Fewer than half a million Zimbabweans have jobs, while nearly seven ...
<div id="subtitle">Betting long term on the greenback is suicidal</div><div><p>Last week, Zimbabwe slashed 12 zeros from its currency as hyperinflation continued to erode its value, the country's central bank announced in late January. </p><p>The government instituted price cuts to arrest ...
<div><p>Zimbabwe President Robert Mugabe has extended the tenure of central bank chief Gideon Gono who has presided over the world's highest inflation, state media announced on Wednesday.</p><p>The new tenure, effective from December 1, is expected to end in November 2013, The Herald ...
The west African regional economic bloc ECOWAS on Monday called for a peaceful, credible and transparent presidential election this week in Togo, an official statement said here. The Economic Community of West African States "urges all the stakeholders to continue to put ...
