ZIMBABWEZimbabwe suspends duty on flour, cooking oil Zimbabwe on Tuesday, 13 May, suspended import duty on some basic commodities, including cooking oil and flour, in response to a sharp spike in prices following the flotation of the local currency by the central bank last month. 16 May 2008 12:59
ZIMBABWERBZ launches new Z$500 million bank note The Reserve Bank of Zimbabwe, grappling with record-breaking inflation, has introduced a new Z$500 million bank note barely two weeks after issuing Z$250 million and Z$100 million denominations. 16 May 2008 12:54
ANGOLAAngola reports economic growth of 15% per year The annual average rate of growth of Angola's Gross Domestic Product (GDP) reached 15% over the last eight years, the Angolan Deputy Minister of Planning Carlos Alberto Lopes has said. 14 May 2008 11:24
SOUTHERN AFRICACounterfeit products flood Malawi market [Gregory Gondwe] The Consumers Association of Malawi (CAMA) has lamented that fake products have besieged the market and the responsible authority has been left helpless in the absence of a regulating piece of legislation. 12 May 2008 14:40
ZIMBABWEImporters abandon merchandise as duty payments soar [Dumisani Ndlela] Zimbabwean importers were caught off guard last week after customs duty payments went up by almost 6,700% following the floatation of Zimbabwe's domestic currency on the official market. 12 May 2008 14:00
SOUTHERN AFRICABotswana bans bulk fuel exports to Zim In the latest blow to Zimbabwe's wounded economy, the Botswana government has banned the export of bulk fuel to the neighbouring country. Scanty parallel market supplies are quickly running dry and transport is grinding to a halt across Zimbabwe. 9 May 2008 13:00
ZIMBABWECash shortages on first day of currency floatation Cash shortages in Zimbabwe worsened Monday, 5 May, on the first day of free trading of the Zimbabwe dollar as people queued for hours in banks to buy up local currency. 6 May 2008 16:51
ZIMBABWEReserve Bank unveils Z$250 million note Zimbabwe's central bank, currently grappling with record-breaking inflation, has introduced a new high-denomination bank note of a quarter of a billion dollars, state television reported Monday, 5 May 2008. 6 May 2008 16:31
SOUTHERN AFRICAClashes over Malawian maize trade ban [Gregory Gondwe] Malawian government has received a backlash over its recent decision to ban trade on maize, as traders demand the repeal of the decision in the face of calls from the World Bank (WB) to lift bans on food exports. 5 May 2008 13:09
ZIMBABWEExchange rates tumble after RBZ currency floatation Exchange rates on the black market tumbled Thursday and Friday after Wednesday's announcement by the central bank that it was to float the Zimbabwe dollar. 5 May 2008 10:07
ZIMBABWEInflation soars to 165,000% Zimbabwe's annual rate of inflation soared to an all-time high of almost 165,000% in February, according to the latest government statistics obtained Wednesday, 16 April 2008. 18 Apr 2008 11:07
ZIMBABWEZim manufacturing sector crisis escalates; govt issues ultimatum [Dumisani Ndlela] Zimbabwe's manufacturing sector is tottering on the brink of an unprecedented crisis due to alleged government threats and non-payment of critical foreign currency receipts from exports. 18 Apr 2008 06:30
ZIMBABWEFear grips Zimbabwe's manufacturing and retail industries [Dumisani Ndlela] Consumer products manufacturers are battling to distance themselves from high commodity prices on the market, fearing a fresh clampdown by President Robert Mugabe's regime. 16 Apr 2008 12:09