Browsing: Business

Zimbabwe officials say the country will soon start exporting beef to Russia. Moscow ‎recently banned imports from the US and the European Union ‎and is looking for other markets. Al Jazeera’s Haru Mutasa reports from Marondera.

Zimbabwe is struggling to service its debts. Its Finance Minister, Patrick Chinamasa, says that the public has to be taxed more to help pay current and past debts. Critics however argue that tax hikes now, will kill off what little growth Zimbabwe has.

The reserve bank of Zimbabwe plans to import new coins with similar value to those currently circulating in the economy to ease a shortage of change in the economy. The country adopted a multi-currency regime in 2009 and now uses a basket of nine currencies as legal tender. CCTV’s Farai Mwakutuya reports