Zimbabwe inflation rockets higher
Tuesday, August 19th, 2008Zimbabwe’s rate of inflation surges above 11,250,000% as an economic crisis continues to grip.
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Zimbabwe’s rate of inflation surges above 11,250,000% as an economic crisis continues to grip.
Zimbabwe’s President Robert Mugabe says talks with the opposition reached no result, but will continue later on Monday.
South Africa’s President Mbeki leads power-sharing talks between Zimbabwe’s political rivals in Harare.
South Africa’s president arrives in Harare to broker talks on a power-sharing solution for Zimbabwe’s political crisis.
Zimbabwe’s ruling and opposition parties restart talks on a power-sharing deal after a midweek adjournment.
Zimbabwe’s bank chief plans new currency reforms — removing “more zeros” from the plummeting Zimbabwe dollar and raising the limit on cash withdrawals — to tackle the country’s runaway inflation and cash shortages, state media reported Sunday.
Fellow African leaders showed little willingness to stand up to President Robert Mugabe and condemn the longtime Zimbabwe ruler’s disputed, violent reign Sunday ahead of his arrival at an African Union summit.