ZIMBABWE

Zimbabwe races to implement IMF-backed reforms

Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...

By Staff reporter | Published: 07 August 2025

BUSINESS NEWS

IMF sees signs of recovery in Zimbabwe

Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF...

By Staff reporter | Published: 29 July 2025

AFRICA BUSINESS

Mangudya calls for equitable IMF fund disbursements

Former Reserve Bank of Zimbabwe (RBZ) governor and current CEO of Mutapa Investment Fund, John Mangudya, has urged the International Monetary Fund (IMF) to ensure equitable disbursements of funds to A...

By Staff reporter | Published: 28 June 2025

BUSINESS NEWS

IMF presses Zimbabwe to avoid money printing

The International Monetary Fund (IMF) has called on the Zimbabwean government to close its significant 2025 fiscal financing gap using sustainable and non-inflationary methods, warning against printin...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

IMF withholds Zimbabwe reform programme

The International Monetary Fund (IMF) has signalled that Zimbabwe's much-anticipated Staff Monitored Programme (SMP) - a critical step in the country's economic reform and debt resolution strategy - w...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

IMF says Zimbabwe's economy has made significant progress

The International Monetary Fund said Zimbabwe's economic progress represents a "regime change," but declined to say if or when the Washington-based lender would grant it a staff-monitored program.Wojc...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

IMF wants Zimbabwe's gold-backed ZiG to become sole currency

The International Monetary Fund (IMF) has expressed support for the full adoption of Zimbabwe's new currency, the Zimbabwe Gold (ZiG), as the country pushes to secure a staff-monitored program (SMP) t...

By Staff reporter | Published: 11 June 2025

BUSINESS NEWS

Mnangagwa meets IMF delegation

President Emmerson Mnangagwa yesterday held a high-level meeting with an International Monetary Fund (IMF) delegation currently in Zimbabwe for an Article IV Consultation, as the country grapples with...

By Staff reporter | Published: 10 June 2025

BUSINESS NEWS

IMF team set to arrive in Zimbabwe

Zimbabwe is poised to take a crucial step towards restoring its economic credibility and unlocking foreign investment, with an International Monetary Fund (IMF) delegation expected this week to finali...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

Zimbabwe, IMF talks underway

Zimbabwe has entered into preliminary discussions with the International Monetary Fund (IMF) for a new Staff-Monitored Programme (SMP), marking a significant step toward restoring the country's econom...

By Staff reporter | Published: 18 May 2025

ZIMBABWE

IMF says Zimbabwe economy to contract 7.1% in 2019

The International Monetary Fund is projecting Zimbabwe's economy to contract 7.1% in 2019 but will recover in 2020 to a moderate growth of 2.7% and 2.2% in 2021.  The projections are in line with...

By Staff reporter | Published: 17 October 2019

BUSINESS NEWS

Zimbabwe economic reforms win IMF approval

The International Monetary Fund (IMF) has lauded Zimbabwe's economic reforms but warned they might take time to bear fruit since they were meant to correct mistakes that happened over two decades.IMF ...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

IMFpraises Zimra systems

A six-member International Monetary Fund (IMF) delegation says the Zimbabwe Revenue Authority (Zimra)'s systems and human capital are up to standard, although there is scope for further improvement.Th...

By Staff reporter | Published: 30 September 2018

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
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