Zimbabwe c.bank delays monetary policy announcement

(Reuters) - Zimbabwe's central bank on Tuesday said it was indefinitely postponing a much awaited mid year monetary policy statement due next week to give time to analyse the implications of government price controls and an imminent supplementary budget.

Reserve Bank of Zimbabwe Governor Gideon Gono has been tasked by President Robert Mugabe's government to lead efforts to turn around an economy battered by eight years of recession.


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More arrested for defying Zimbabwe price freeze

(Reuters) - Zimbabwe police arrested 17 more business executives for defying an official price freeze, as the ruling party endorsed the government's tough stance on businesses, state media reported on Saturday.

President Robert Mugabe's government last week ordered prices of basic goods and services slashed by half and deployed a crack enforcement unit, which has arrested more than 200 business people for breaching the price controls.


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Zimbabwe imports 60,000T wheat to ease shortage

(Reuters) - Zimbabwe has imported 60,000 tonnes of wheat worth $25 million to ease bread shortages after millers in the crisis-hit southern African country ran out of the grain, the official Herald newspaper reported on Thursday.

Wheat is Zimbabwe's second staple grain, after maize, but the country -- a regional breadbasket before President Robert Mugabe's drive to seize land from whites to resettle landless blacks -- has failed to meet its annual consumption requirements of between 400,000 and 450,000 tonnes.


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