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Harare - Zimbabwe's bankrupt central bank is to retrench 85 per cent of its bloated staff complement to help it move back into the black and function as a reliable national bank, according to Finance Minister Tendai Biti.
Harare, Aug 29 : Zimbabwe's bankrupt central bank is to retrench 85 percent of its bloated staff complement to help it move back into the black and function as a reliable national bank, according to Finance Minister Tendai Biti.
HARARE, Zimbabwe (AFP) — Human rights groups yesterday accused Zimbabwean police of setting fire to an informal settlement in Harare, forcing some 250 people from their homes.
Bankrupt Zimbabwe may not have enough money to hold elections, according to the head of the country’s electoral commission who spoke to state-run media Friday.
ZIMBABWE'S financial services sector stands to lose at least US$3 million daily in deposits after a union representing bank employees gave two-weeks notice to go on strike over a salary dispute, in a move that threatens to bring business in the country to a halt, the Zimbabwe Independent has learnt.
Armed police in Zimbabwe forcibly moved about 250 people from temporary shelters in Harare’s affluent Gunn Hill suburb, Amnesty International said.
Zimbabwe's electoral commission will not be able to draw up a clean voter's roll and organise elections next year because of lack of money, a state daily reported Friday.
Zimbabwe's electoral commission will not be able to draw up a clean voter's roll and organise elections next year because of lack of money.
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