Panic in Zimbabwe as shops empty
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Troops order shop keepers to cut prices as panic buying clears out supermarkets of basic goods.
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Hundreds more business executives and store managers have been arrested in Zimbabwe as part of a crackdown on violations of a government-ordered price freeze, police said Tuesday.
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People in Zimbabwe have been rushing to spend their old banknotes on the last day they are legal tender.
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Economic meltdown will force President Robert Mugabe from power the US ambassador to Zimbabwe predicts.
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A poor harvest coupled with a worsening economic crisis will leave more than a third of Zimbabwe's population in need of food assistance by early 2008, two U.N. food agencies said Tuesday.
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Pretoria is Wednesday considering issuing temporary residence permits for thousands of Zimbabweans who daily flock into South Africa to escape the economic meltdown in their homeland.
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Zimbabwe will collapse within six months, possibly leading to a state of emergency, a report tells aid workers.
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Zimbabwe faces the threat of renewed flooding which has destroyed homes and put new pressure on the country's ailing economy, disaster management authorities said on Wednesday.
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Kennedy Tsambo's faith in Zimbabwe's banking system finally hit breaking point over Christmas when he spent an ultimately fruitless three days queuing to withdraw cash in order to buy a bus fare home.
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International pressure will be key to ending the crisis in Zimbabwe as domestic opponents of President Robert Mugabe have lost heart, the head of the country&#39;s Catholic church said Tuesday.
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Living conditions in Zimbabwe will worsen unless the government takes urgent action to stabilise the economy, the IMF says.
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Zimbabwean President Robert Mugabe announced on Friday that general elections would be held on March 29 in the economically devastated southern African nation.
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Zimbabwean riot police patrolled a restive Harare township on Monday to stop possible unrest, a day after crushing an opposition rally amid government fears of a new street campaign against President Robert Mugabe.
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An investigation into allegations of racism in Zimbabwe cricket that broke up the country&#39;s test team opened in the capital yesterday amid a hostile atmosphere and, by the end of the day, little progress had been made.
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Workers in one of Harare's big department stores stock shelves with luxury goods only the rich can afford, while at an adjacent bank ordinary Zimbabweans are clamoring for cash which is the latest thing in short supply.
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Zimbabweans thronged banking halls Monday to beat a deadline to swap 200,000-dollar bills which become worthless when businesses close for the day.
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Pets are being slaughtered for meat in shortage-stricken Zimbabwe and record numbers of animals have been surrendered to shelters or abandoned by owners no longer able to feed them, animal welfare activists say.