Zim debt set to balloon… as Treasury borrows to finance budget gap

According to the latest annual borrowing plan released by the Public Debt Management Office (PDMO), the total budget financing gap amounts to ZWL$9,2 trillion.
By Tafadzwa Mhlanga 19h ago

Zim at risk of falling into permanent debt trap

The external PPG debt comprises bilateral debt (US$6 billion), multilateral debt (US$3.1 billion), and Reserve Bank of Zimbabwe (RBZ) debt (US$3.6 billion).
By Zimcodd Feb. 25, 2024

‘2023 Public Debt Report’: Decoding the key messages

Further analysis shows that the September 2023 total debt stock is 1,8% lower than the US$18,02 billion recorded in December 2022.
By Zvikomborero Sibanda Feb. 16, 2024

Sadc, Afrodad team up on debt management

The MoU is one of many strategies towards making “Africa a rulemaker” on the road to achieving sustainable development and climate justice on the continent.
By Mirriam Mangwaya Feb. 16, 2024

Gweru unleashes debt collectors

Chivhoko said as of December 2023, council was owed ZWL$71 billion, up from ZWL$54 billion in October.
By Stephen Chadenga Feb. 1, 2024

Economic instability to remain in 2024: Zimcodd

Zimcodd said subdued economic activity caused operational and production costs to become erratic, disrupting business predictability especially in the first half of 2023.
By Tafadzwa Mhlanga Dec. 22, 2023

Zim gets US$800 000 for arrears clearance

The full loan, which was approved in September 2022, is expected to be fully disbursed by the end of 2025.
By Melody Chikono Dec. 15, 2023

Govt crippling councils: Zimcodd

The analysis noted that some local authorities did not use devolution funds allocated from central government.
By Silas Nkala Dec. 11, 2023

Zim debt overhang predicament

While debt sometimes provides the ability to build other income-earning assets, it is important that countries move away from financing consumptive expenditure using debt.
By Batanai Matsika Nov. 10, 2023