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Tsvangirai has no policies to offer voters other than opposing Mugabe

Linda Masarira, the pro-democarcy activist,  said chances of the opposition winning next year’s election were next to zero as they have no strategy to outwit Zanu-PF. Masarira told NewZimbabwe.com that the opposition has no strategies or policies to offer voters other than opposing Zanu-PF. “Zanu-PF has strategies and uses state …

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#Zimbabwe to issue more ‘bond notes’, hyperinflation coming back

Zimbabwe to issue more ‘bond notes’, raising hyperinflation fears * Central banks seeks more bond notes beyond $200 million * Fears printing more bond notes could fuel hyperinflation * Bond notes trading at discount to U.S. dollar on black market (Adds analyst, opposition) By MacDonald Dzirutwe HARARE, July 12 (Reuters) …

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Air Zimbabwe Cuts 70% of its workforce to prevent bankruptcy

By Godfrey Marawanyika and Desmond Kumbuka Dismissals needed to prevent bankruptcy, airline says State airline used to operate flights to Europe and China Air Zimbabwe is firing more than a third of its workforce to prevent the state-owned airline from going bankrupt. The airline has debts of about $330 million, …

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#Zimbabwe runs out of bond notes, to issue new bond notes

Zimbabwe Seeks Bond-Note Funds as Afreximbank Facility Runs Out By Brian Latham (Bloomberg) — Zimbabwe is in talks about second loan facility to fund the issuance of further bond notes, Central Bank Governor John Mangudya told reporters on Wednesday in the capital, Harare. * A loan facility with Afreximbank, which backed …

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