Zimbabwe

Official statistics are non-existent but local economists 'guesstimate' that inflation is now something like 4,000,000 % y-o-y. We have refrained from offering forecasts in the current... 2008-06-26

BMI View: The opposition has withdrawn from the presidential run-off election, but the government is intent on holding the poll even though the region and wider world have said... 2008-06-26

Tanzania has stepped up its criticism of Zimbabwe, in contrast to its previous support for the country. Foreign Affairs minister Benard Membe stated on June 20 that he had 'evidence'... 2008-06-25

BMI View: Some local analysts believe that the true rate of inflation is now at least 1,000,000,000% and spiralling. As ever, the propelling force is massive state overspending... 2008-06-02

Opposition leader Morgan Tsvangari, who in a fair fight is heavy favourite to win the June 27 presidential contest run-off, has said that if elected he will set up a South African-style... 2008-06-02

After much controversy, the delayed run-off to decide the inconclusive presidential contest will now take place in late June. In our view, the risks to free and fair elections will... 2008-05-20

The official exchange rate has been floated and has subsequently converged with the parallel market price. While a welcome move, allied measures put further pressure on banks and... 2008-05-20

The Zimbabwean central bank has produced a new package of policies, but we believe that they have only little relation or relevance to the true economic situation.

An estimated 3.5 million Zimbabweans, about a quarter of the recorded population, have left the country during the 10 years of economic crisis. The exodus has included professionals... 2008-05-01

BMI View: Given that the exchange rate looks set to be determined by supply and demand, rather than decree, we are forecasting the currency's value to rapidly equalise with the... 2008-05-01