Zimbabwe

Our sadly pessimistic core scenario is unchanged this month. Inflation did fall to 505% in April y-o-y, but there are major underlying pressures on prices that persist. Monetary policy... 2004-06-04

Official policy is to welcome foreign investors. BMI View: Despite considerable potential, the practical and financial hurdles facing a foreign investor at present are prohibitive... 2004-05-10

Production has plummeted since 2000 and most major sectors are now barely functioning and decapitalised. BMI View: A political settlement is the fundamental prerequisite for economic... 2004-05-10

Not content with having driven the country's most productive farmers into exile because of the colour of their skin, the Mugabe regime has now turned its attention to the country's... 2004-05-10

We see little point in changing our forecast numbers on a monthly basis. Inflation is trending slightly down, but the official figures are highly suspicious. The recent IMF report... 2004-04-27

The main opposition Movement for Democratic Change (MDC) is trying to fight off regime attempts to bribe its local councillors with offers of kickbacks worth more than 10 times their... 2004-04-07

President Mugabe has hinted that he wants to retire but is being held back by fears that internal divisions could lead to the disintegration of his ZANU-PF party. BMI View: Mugabe... 2004-04-07

The government is making some payments to the IMF, but its arrears to the fund and the World Bank have escalated to frightening levels. BMI View: The multilateral financing agencies... 2004-04-07

President Thabo Mbeki of South Africa and President Olusegun Obasanjo of Nigeria have been saying that the government and the opposition have agreed to formal talks by June. But both... 2004-02-18

External debt service arrears are now touching US$2bn, bringing the total owed to foreign creditors to the equivalent of more than 150% of GDP. Even on a best-case scenario, there... 2004-02-18