Although the World Bank does not have figures for 2008 and 2009, numbers from Zimbabwe's central bank showed annual inflation reached 231 million % in July 2008. Officials gave up reporting ...

has failed to revive the national economy despite promising to raise it to what the World Bank calls a "middle income country" by 2030. Zimbabwe still uses two main currencies, the US and the ...

Not only did the cost of this intervention drain what little remained of Zimbabwe’s bank reserves, it also alienated the country from the international community – in 1999, both the World Bank and the ...

ZIMREF’s objective is to strengthen Zimbabwe’s systems for reconstruction and development with a focus on stabilization and poverty alleviation.

World Finance spoke with Solomon Nyanhongo, CFO of Stanbic Bank Zimbabwe, to discuss the country’s current mobile banking situation. Branches have now been complemented and in some cases replaced by ...