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South Africa to Replace Zimbabwe in Mozambique-Zambia Electricity Deal

South Africa's Eskom is looking to replace Zimbabwe as an importer of electricity from Mozambique and Zambia to help ease load shedding. Zimbabwe’s contracts with...

Zimbabwe Sets Limits on Fertilizer and Cement Imports

The government of Zimbabwe has implemented restrictions on the importation of fertilizer and cement, allowing individuals and companies to bring in only up to...

Zimbabwe Hikes Fuel Prices by 22 Percent, Loses Inflation Battle

HARARE- Zimbabwe’s government on Monday hiked petrol prices by about 22 percent to $7,45 per litre, from $6,10 per litre the latest such increase...

IMF Cuts Zambia GDP Growth, Sees Inflation Above 10 Percent

LUSAKA -The International Monetary Fund has projected that Zambia’s economic growth will fall to 2,9 percent next year from the 3,1 targeted for this year. In its annual...

Consumer Price Inflation Eases in Germany, Yet Remains Elevated

The Federal Statistical Office (Destatis) has reported a slowdown in consumer price inflation in Germany, with the rate dropping to 3.8 percent in October....