BUSINESS NEWS

IMF offers to help Zimbabwe clear arrears

THE International Monetary Fund (IMF) yesterday said it was ready to help Zimbabwe craft a debt clearance strategy anchored on fundamental economic reforms. This comes after outgoing British Ambassado...

By Staff reporter | Published: 21 September 2018

BUSINESS NEWS

Zimbabwe gets new IMF representative

THE International Monetary Fund has a new resident representative in Zimbabwe, Patrick Amir Imam. Mr Imam, who prior to his posting to Zimbabwe was IMF representative for Madagascar, takes over from M...

By Staff reporter | Published: 12 September 2018

FINANCIAL SERVICES

IMF team expected in Zimbabwe

An International Monetary Fund (IMF) team is expected in Zimbabwe during the second half of the year to assess economic performance and re-engage Zimbabwe on macro-economic turnaround policies.The Bre...

By Staff reporter | Published: 05 June 2018

BUSINESS NEWS

IMF says Zim must deal with debt

THE International Monetary Fund (IMF) says understanding the country's debt as well as it being sustainable will be crucial if the body is to offer any financial assistance to the country.Speaking at ...

By Staff reporter | Published: 24 April 2018

ECONOMC INDICATORS

IMF reviews Zimbabwe's economic growth rate

The International Monetary Fund has reviewed Zimbabwe's economic growth rate for this year and sees growth picking up next year as the country moves away from the difficult period it has been going th...

By Staff reporter | Published: 23 April 2018

BUSINESS NEWS

Zim officials engage World Bank, IMF

The Minister of Foreign Affairs and International Trade, Dr Sibusiso Moyo together with the Reserve Bank of Zimbabwe governor, Dr John Mangudya are in New York interfacing with officials from the wor...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

'Debt clearance key to IMF funding resumption'

The International Monetary Fund (IMF) plans to help the government with taxation reform policies under its technical assistance plan pending resolution of debt clearances owed by Zimbabwe to other mul...

By Staff reporter | Published: 07 March 2018

BUSINESS NEWS

IMF, Zim relationship step in positive direction

THE relationship between Zimbabwe and the International Monetary Fund has since the coming in of the new dispensation led by President Emmerson Mnangangwa evolved in a positive direction as the countr...

By Staff reporter | Published: 04 February 2018

BUSINESS NEWS

Zim charms IMF

ZIMBABWE continues to charm the international community, with the International Monetary Fund (IMF), saying its relations with Harare have been evolving in a very positive way for some time.Since 1999...

By Staff reporter | Published: 04 February 2018

BUSINESS NEWS

IMF team Harare-bound

An International Monetary Fund (IMF) team is Harare bound to have a review of the country's economic performance following the ushering in of a new political dispensation as efforts to normalise ties ...

By Staff reporter | Published: 30 January 2018

FINANCIAL SERVICES

IMF meets Mnangagwa

IMF Managing Director Christine Lagarde Meets with President Emmerson Mnangagwa of ZimbabweInternational Monetary Fund (IMF) Managing Director Christine Lagarde today met with President Emmerson Mnang...

By Staff reporter | Published: 26 January 2018

BUSINESS NEWS

Zim needs immediate economic reforms - IMF

Zimbabwe must act quickly to dig its economy out of a hole and access international financial aid, the International Monetary Fund has warned.Government spending and foreign debt are too high and it n...

By BBC | Published: 23 November 2017

BUSINESS NEWS

IMF tells Zimbabwe to live within her means

The International Monetary Fund (IMF) has said Zimbabwe needs to address the forex shortages and live within its means, as a solution to the prevailing economic woes.In a recent Press briefing, IMF de...

By Staff reporter | Published: 15 October 2017

FINANCIAL SERVICES

AfDB seeks water expert for ZimFund

The African Development Bank is in the process of recruiting a water supply and sanitation specialist to join the Zimbabwe Multi-donor Trust Fund (ZimFund) for a year.ZimFund is an AfDB-managed fundin...

By Staff reporter | Published: 21 August 2017

OPINION

SA should consider help from the IMF

The prognosis that the South African economy is in dire straits is pretty obvious even to the untrained eye. The solution to the country's present predicament is also pretty much understood.The Intern...

By Matthew Kofi Ocran | Published: 01 August 2017

BUSINESS NEWS

IMF warns Zimbabwe on Command Agriculture

THE International Monetary Fund (IMF) has warned the government on the command agriculture programme, saying excessive public spending, if continued, could exacerbate cash scarcity, further jeopardise...

By Staff reporter | Published: 25 July 2017

ECONOMC INDICATORS

Zim inflation to hit 7% by Dec, says IMF

A 200% increase in money supply between December 2015 and May 2017 is unsustainable and could stoke inflationary pressures in the economy, the IMF has warned.IMF mission chief for Zimbabwe Gene Leon ...

By Staff reporter | Published: 21 July 2017

BUSINESS NEWS

IMF raises red flag over Zimbabwe cash crisis

The International Monetary Fund (IMF) has blamed Zimbabwe's unrelenting cash shortages on government's runaway spending and a comatose economy.IMF's outgoing mission chief for Zimbabwe Anna Lucia Coro...

By Staff reporter | Published: 17 July 2017

ZIMBABWE

'Zim economy to regress further,' says IMF

Zimbabwe's economy is set to slump further this year due to continued decline in global commodity prices, fiscal challenges, and possible difficulties in policy implementation, the International Monet...

By Staff reporter | Published: 21 June 2015

BUSINESS NEWS

Zim pays IMF paltry $150,000

Broke Zimbabwe government is making paltry ‘token' payments of $150 000 monthly to the International Monetary Fund (IMF) to clear its $124 million debt, Finance minister Patrick Chinamasa has said.Z...

By Staff reporter | Published: 07 June 2015

BUSINESS NEWS

Clear arrears first, IMF tells Zimbabwe

The International Monetary Fund (IMF) says Zimbabwe must first clear its more than $150 million debt to the Bretton Woods institution before the country can access any new loans.Domenico Fanizza, the ...

By Staff reporter | Published: 07 June 2015

BUSINESS NEWS

IMF predicts sluggish growth in 2014

The International Monetary Fund (IMF) says it would  be hard to see a vigorous economic recovery in 2014 due to the weak economic momentum coming out of 2013.The Bretton Wood institution  pr...

By Staff reporter | Published: 15 July 2014

BUSINESS NEWS

Zimbabwe's SMP satisfactory, says IMF

ZIMBABWE is addressing the 2014 fiscal gap and implementing policy measures aimed at improving the quality of public expenditures and enhancing financial sector stability, the International Monetary F...

By Staff reporter | Published: 10 July 2014

BUSINESS NEWS

IMF 'sees promise' on Zimbabwe

Finance Minister Patrick Chinamasa has said the International Monetary Fund (IMF) has written to him expressing satisfaction with the efforts so far made by Zimbabwe to restore the economy and settle ...

By Staff reporter | Published: 04 July 2014

BUSINESS NEWS

'IMF report consistent with reality'

Economic observers say the IMF report on Zimbabwe released yesterday is consistent with what is transpiring on the ground.The IMF report highlighted several issues that are causing an economic slowdow...

By Staff reporter | Published: 24 June 2014
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