Zimbabwe needs 45 billion dollars to return its economy to peak levels seen more than a decade ago, Finance Minister Tendai Biti said Wednesday. But he warned that doubts over the future of the strained unity government were hampering the still fragile economic recovery. "About 45 billion dollars is required to get the country back to its peak level of ...

Zimbabwe will see better-than-expected economic growth of 4.7 percent this year, ending a decade of financial ruin, Finance Minister Tendai Biti said Wednesday in his first annual budget speech. The growth marks the first time that Zimbabwe's economy has grown in 12 years, after a decade of stunning hyperinflation that impoverished the nation. The new figure tops earlier ...

Armed police raided a house belonging to Zimbabwe Prime Minister Morgan Tsvangirai's party claiming they were searching for weapons, a top party official said on Saturday. "Last night armed police numbering over 50 raided this residence on the pretext that they were looking for arms stolen from the police or the army," Movement for Democratic Change (MDC) secretary general ...

A live bullet sent to the home of Zimbabwe's finance chief Tendai Biti on Monday is being treated as a death threat by Prime Minister Morgan Tsvangirai's party. "The letter was delivered at the MDC Secretary-General?s home in Highlands and a police report has been lodged at Harare Central police station," the Movement for Democratic Change (MDC ...