Zimbabwe banks to stay open
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Banks in Zimbabwe will remain open on Christmas Day and Boxing Day to allow people to get new banknotes.
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HARARE  - Zimbabwean President Robert Mugabe ruled out any regime change in this southern African country as his ruling ZANU-PF party held a congress to renew the party&#39;s leadership.
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Bulgaria&#39;s Socialist Prime Minister Sergey Stanishev vowed Friday to maintain financial stability in the country despite record-high inflation in July and an ever-widening current account gap.
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JOHANNESBURG -- Police in Zimbabwe banned demonstrations in parts of the capital of Harare yesterday in an effort to crack down on the opposition as the country's autocratic ruler celebrated his 83 d birthday by vowing to stay in power.
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Zimbabweans formed queues at banks on Saturday to beat a December 31 deadline to hand in a currency series phased out by the central bank.
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Zimbabwe's government has set up a state company to seize control of private local and foreign firms that President Robert Mugabe's administration says are engaging in "economic sabotage" in a bid to end his rule.
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Zimbabwe's last white farmers can stay on their land to harvest their crops although a deadline has passed, a minister says.
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Inflation in Zimbabwe leaps to a record annual rate of 1,593.6% in January as the economy faces chronic shortages of food and fuel.
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The British government's pledge to guarantee all deposits held by Northern Rock in an effort to shore up confidence in the country's fifth-biggest mortgage lender will be put to the test on Tuesday when branches reopen.
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Zimbabweans battled Sunday to change temporary currency into new banknotes before it becomes worthless on December 31, as the country's central bank tries to tackle a shortage of cash in the country.
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Zimbabwe issues new higher-denomination banknotes, including a $10m bill, to try to ease the country's cash crisis.
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President Robert Mugabe's government has ordered prices of basic goods and services be slashed by half to protect Zimbabweans battling with the world's highest inflation rate, official media reported on Tuesday.
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Zimbabwe has not kept its promise to re-house those whose homes were demolished last year, a report says.
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Zimbabweans desperate to get their hands on scarce local currency spent Tuesday lining up by cash dispensing machines after plans for banks to open on Christmas Day were scrapped.
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Zimbabwe's president has approved laws easing restrictions on political rallies and the media ahead of upcoming presidential elections.
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The International Cricket Council (ICC) is continuing to monitor developments over England&#39;s tour of Zimbabwe after the players were told on Wednesday to stay in South Africa overnight.
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President Robert Mugabe plans to nationalise Zimbabwe's diamond mines to help support his flagging economy.