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Topic: Economy of Zimbabwe

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	Zimbabwe Economy
		After 1975, however, Rhodesia's economy was undermined by the cumulative effects of sanctions, declining earnings from commodity exports, worsening guerilla conflict, and increasing white emigration.
		Zimbabwe inherited one of the strongest and most complete industrial infrastructures in sub-Saharan Africa, as well as rich mineral resources and a strong agricultural base.
		Zimbabwe is not a member of the African Growth and Opportunity Act and a number of textile businesses have migrated to other African countries.
	www.traveldocs.com /zw/economy.htm (1128 words)

	Zimbabwe - Economy
		During the eighties, growth averaged 4% and during the nineties it averaged 2%; growth declined sharply in 1999 to -1.4%, and is expected to be around -6% in 2000 and -3.3% in 2001 as the economic and political crisis impacts negatively on the economy.
		Further evidence of the sharp deterioration in the economy is reflected in the government’s rapidly expanding fiscal deficit which reached 23% of GDP in 2000, the negative GDP growth rate of around 6% in 2000, and inflation of over 100% by late 2001.
		By end-2000 the economy was in a severe state of crisis - the Zimbabwean dollar had been devalued by 24%, the 2000 budget deficit was in excess of 23%, external donors had reduced aid flows and the country had a year-on-year inflation of over 60%.
	www.iss.co.za /af/profiles/Zimbabwe/Economy.html (1239 words)

	Zimbabwe
		Zimbabwe is a country located in the southern part of the continent of Africa, between the Victoria Falls, Zambesi river, Kariba Dam and Limpopo rivers.
		With an area of 390,000 square kilometer and a population estimated at 11.3 million, it is surrounded by South Africa to the south, Botswana to the west, Zambia to the north and Mozambique to the east.
		The international community believes that political decisions made both overseas and by Zimbabwe's southern-most neighbour South Africa are crucial to the balance of power in this sovereign state.
	www.ebroadcast.com.au /lookup/encyclopedia/zi/Zimbabwe.html (572 words)

	Economy of Zimbabwe Information
		Zimbabwe also has substantial coal reserves that are utilized for power generation, and recently discovered in Matabeleland province are coalbed methane deposits greater than any known natural gas field in Southern or Eastern Africa.
		The Government of Zimbabwe's chaotic land reform program, recurrent interference with, and intimidation of, the judiciary, as well as maintenance of unrealistic price controls and exchange rates has led to a sharp drop in investor confidence.
		Zimbabwe has experienced severe foreign exchange in recent years, exacerbated by the difference between the official rate and the fl market rate.
	www.bookrags.com /Economy_of_Zimbabwe (1392 words)

	Zimbabwe (Site not responding. Last check: 2007-10-27)
		In the aftermath of Mugabe 's handling of the land crisis which to redistribute land to fls Zimbabwe was from the Commonwealth of Nations on charges of human rights abuses and of election tampering in 2002.
		Zimbabwe is a republic with an executive president and a unicameral parliament known as the House of Assembly.
		Zimbabwe is divided into 8 provinces and cities with provincial status: Bulawayo (city) Harare (city) Manicaland Mashonaland Central Mashonaland East Mashonaland West Masvingo Matabeleland North Matabeleland South and Midlands.
	www.freeglossary.com /Zimbabwe (1474 words)

	washingtonpost.com: Mugabe's 'Surreal' Policies Ravage Zimbabwe Economy (Site not responding. Last check: 2007-10-27)
		Zimbabwe's $500 bill -- worth $9 U.S. at the official rate, or about 30 cents on the street -- is known as the Ferrari, because it goes so fast.
		The economy is shrinking 10 percent a year, even though the retail and housing sectors are booming, people with money are racing to spend it before it loses value.
		Zimbabwe now requires its pension funds to deposit nearly half their reserves with the government at paltry interest rates, so inflation is draining away pensions.
	www.washingtonpost.com /ac2/wp-dyn/A41746-2002Dec26?language=printer (1368 words)

	'White farmers are our enemy'
		ZIMBABWE'S President Robert Mugabe yesterday branded white farmers enemies of the state, hours after a mob of gunmen attacked and killed a second landowner who was resisting government-inspired attempts to force him off his property.
		The Zimbabwe opposition claims the invasion of some 600 farms is a ploy by Mr Mugabe to divert attention away from the country's economic collapse, drum up nationalist fervour and to intimidate his opponents before the forthcoming general election.
		John Makumbe, professor of politics at the University of Zimbabwe, said Mr Mugabe was scared of being booed by the crowds.
	www.telegraph.co.uk /htmlContent.jhtml?html=/archive/2000/04/19/wzim19.html (852 words)

	Zimbabwe Home
		However the government's recent involvement in the war in the Democratic Republic of Congo has depleted millions of dollars from the economy and rising inflation and the highest AIDS infection rate in the world are taxing the economy.
		Land reform in Zimbabwe had long between a topic of discussion as the minority white population owned the vast majority of farm land.
		Great Zimbabwe (meaning houses of stone) was finished in the 14th century and housed as many as 20,000 people.
	www.questconnect.org /africa_zimbabwe.htm (1889 words)

	Economy - Zimbabwe - Africa
		Zimbabwe’s economy is well balanced between market agriculture, mining, manufacturing, and tourism, with a considerable subsistence-farming sector.
		Before the arrival of European settlers in the late 19th century, the peoples of the region practiced mixed farming (raising both crops and livestock), with cattle ranching predominating in the drier south and west.
		In the early and mid-1990s the end of the civil war in Mozambique and the transition to majority rule in South Africa coincided with improved climatic conditions and led to a rapid development of tourism as another arm of the Zimbabwean economy.
	www.countriesquest.com /africa/zimbabwe/economy.htm (413 words)

	Economy of Zimbabwe - Wikipedia, the free encyclopedia
		The Rhodesian economy experienced a modest boom in the early 1970s.
		The Government of Zimbabwe's chaotic land reform program, recurrent interference with, and intimidation of, the judiciary, as well as maintenance of unrealistic price controls and exchange rates has led to a sharp drop in investor confidence.
		Zimbabwe has experienced severe foreign exchange in recent years, exacerbated by the difference between the official rate and the fl market rate.
	en.wikipedia.org /wiki/Economy_of_Zimbabwe (1684 words)

	Zimbabwe Economy and Geography (Site not responding. Last check: 2007-10-27)
		The total area of Zimbabwe is 390,580 sq.
		Zimbabwe is surrounded by Zambia, Botswana, Mozambique, and Malawi.
		Some of Zimbabwe's natural resources are coal, chromiun ore, gold, nickel, copper, iron, platium group metals and tin.
	www.mccsc.edu /~jcmslib/jaguar/zimbabwe2/economy.htm (117 words)

	ECONOMY: Zimbabwe Battles Hyper-inflation
		Zimbabwe has an acute shortage of its own bank notes and inflation is not slowing.
		Analysts point to Zimbabwe's sizeable budget deficit, estimated to reach 20 percent of gross domestic product (gdp) in the current financial year, as the main cause of the country's hyper inflation.
		The second major cause of Zimbabwe's inflation is the loss of export earnings which has created a foreign currency shortage that is driving the parallel market.
	www.ipsnews.net /interna.asp?idnews=19764 (1354 words)

	Economic sanctions undermine Zimbabwe's economy
		Zimbabwe’s economic woes are the direct result of a concerted and systematic campaign to effect regime change through an economic implosion.
		However, what is often ignored in the race to rid Zimbabwe of Mugabe is that companies operating in Zimbabwe provide a livelihood to thousands of families, and contribute to the development of the country.
		Zimbabwe recently managed to stave its expulsion from the IMF by reportedly paying £150 million towards its debt obligations to the institution.
	www.newzimbabwe.com /pages/sanctions32.13170.html (1483 words)

	Mass strikes loom as Zimbabwe's economy worsens
		The possibility of mass strikes loom on the horizon for Zimbabwe's embattled economy as workers demand higher wages to cushion them against soaring living costs because of hyper-inflation and shortages of foreign currencies.
		Zimbabwe's inflation reached an all-time high of 913.6 percent on Friday with no end in sight for price hikes, analysts added, bringing more hardship to the southern African country.
		Zimbabwe's annual inflation rate rose from 613.2 percent in January to the record high Friday, blamed partly by central bank governor Gideon Gono on the printing of money to service debt to the International Monetary Fund (IMF).
	www.turkishpress.com /news.asp?id=118039 (765 words)

	The Economy of Zimbabwe
		Zimbabwe is well-endowed with mineral, agricultural and other natural resources.
		Zimbabwe has one of the most advanced economies by sub-Saharan standards with an industrial base only second to South Africa.
		The pattern is relatively similar for imports to Zimbabwe, with some 48% originating from the region.
	www.zimbabwe.8m.com /zimeco.html (371 words)

	Zimbabwe - Economy (Site not responding. Last check: 2007-10-27)
		The government of Zimbabwe faces a wide variety of difficult economic problems as it struggles with an unsustainable fiscal deficit, an overvalued exchange rate, soaring inflation, and bare shelves.
		Its 1998-2002 involvement in the war in the Democratic Republic of the Congo, for example, drained hundreds of millions of dollars from the economy.
		Badly needed support from the IMF has been suspended because of the government's arrears on past loans, which it began repaying in 2005.
	www.exxun.com /Zimbabwe/e_ec.html (565 words)

	Zimbabwe (Site not responding. Last check: 2007-10-27)
		All U.S. citizens in Zimbabwe are advised to take those measures they deem appropriate to ensure their personal safety.
		Zimbabwe’s economy is in a protracted state of decline, with extremely high rates of unemployment and inflation.
		All Americans who travel to or reside in Zimbabwe are urged to register and obtain updated information on travel and security in Zimbabwe with the U.S. Embassy in Harare or on the State Department’s travel registration website at https://travelregistration.state.gov/ibrs/.
	travel.state.gov /travel/zimbabwe_warning.html (307 words)

	Zimbabwe,Zimbabwe Accommodation,Hotels in Zimbabwe,Car Rentals,Flights
		It has a distinctly European flavour, and it continues to be Zimbabwe's showpiece city and centre of commerce, with high-rise buildings, jostling traffic and all their attendant bustle.
		Great Zimbabwe, the greatest medieval city in sub-Saharan Africa, provides evidence that ancient Africa reached a level of civilisation not suspected by early scholars.
		Zimbabwe is one of the world's least expensive and least crowded golfing venues, and if you're interested in such novelties as warthogs rooting around on the fairways and crocodiles in the water hazards, it's ideal.
	zimbabwe.securebooking.org (860 words)

	BBC NEWS \| Business \| Zimbabwe's economy hits new lows
		Zimbabwe's economic output has fallen by a third in the past five years, the International Monetary Fund has found.
		The Fund's assessment of Zimbabwe's economy is the latest development in a tense stand-off with Harare.
		In December, the Fund launched procedures to expel Zimbabwe from its membership, having already frozen aid to the country in 1998.
	news.bbc.co.uk /2/hi/business/3587987.stm (180 words)

	Zimbabwe, country, Africa: Economy
		The formerly strong commercial farming sector was thrown into disarray with the expropriation of white-owned farms that began in 2000, and the replacement of large efficient farms with smaller ones worked by inexperienced farmers.
		The country is endowed with a wide variety of mineral resources, including gold, platinum, diamonds, nickel, asbestos, tin, iron, chromite, copper, and coal.
		Zimbabwe is a member of the Southern African Development Community.
	www.factmonster.com /ce6/world/A0862064.html (195 words)

	Gono Says Zimbabwe Will Pay Off Remaining Arrears to IMF
		Gono conceded that while Zimbabwe was technically guilty of violating IMF rules, it should be given more time to put its financial house in order.
		Zimbabwe, he assured board members, was on a turnaround journey and bold measures would be put in place to bring down a 300 percent inflation rate and revive an economy that has shrunk by 40 percent in six years.
		Zimbabwe has been in trouble with the IMF since 1999, when the Fund ceased lending because its policies were not being followed.
	www.voanews.com /english/2005-09-14-voa4.cfm (960 words)

	Southern Africa - Middle East and Africa Monitor
		The economy is in a devastated state, but exactly how bad the damage is and how long it will take to repair, and at what cost, will only become clear after political change allows a proper assessment to be made.
		The economy is in a devastated state, but exactly how bad the damage is and how long it will take to repair, and at what cost, will only become clear after political change allows...
		The economy will continue to perform robustly, but the effects of monetary tightening on consumption, as well as a widening trade deficit, will mean slightly lower growth in 2007...
	www.meamonitor.com /file/7415/southernafrica.html (673 words)

	Economy Of Zimbabwe (Site not responding. Last check: 2007-10-27)
		The government of Zimbabwe faces a wide variety of difficult economic problems as it struggles with an unsustainable fiscal deficit, an overvalued exchange rate, soaring inflation, and bare shelves.
		If you would like to use this flag of Zimbabwe or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
		If you would like to use this map of Zimbabwe or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
	www.appliedlanguage.com /country_guides/zimbabwe_country_economy.shtml (435 words)

	Sokwanele - Economy
		Economic Analysis of the Zimbabwe Economy: 1997 to 2003.: 17 November 2003
		These are state-owned companies, meaning that the government, which is elected (we use this word loosely, given the theft of post-Independence elections in Zimbabwe) by the people, is accountable to the people of Zimbabwe for the management of these companies.
		GSHL was supposed to have injected foreign currency for the rehabilitation of Zisco plant components, particularly the blast furnaces, coke oven batteries, furnace and rolling mills; after 20 years, management control would have reverted to government.
	www.sokwanele.com /economy.html (2168 words)

	NPR : Government Policies Lead to Collapse of Zimbabwe Economy (Site not responding. Last check: 2007-10-27)
		Morning Edition, June 2, 2006 · The former southern African breadbasket of Zimbabwe is in the midst of an economic and social meltdown.
		Zimbabwe's annual inflation tops 1,000 percent, the highest in the world.
		The country's economy has shrunk by almost a third since 2000.
	www.npr.org /templates/story/story.php?storyId=5446596 (159 words)

	Zimbabwe Economy 2001 - Flags, Maps, Economy, Geography, Climate, Natural Resources, Current Issues, International ...
		Economy - overview: The government of Zimbabwe faces a wide variety of difficult economic problems as it struggles to consolidate earlier moves to develop a market-oriented economy.
		Inflation rose from an annual rate of 32% in 1998 to 59% in 1999 and 60% in 2000.
		The economy is being steadily weakened by excessive government deficits and AIDS; Zimbabwe has the highest rate of infection in the world.
	workmall.com /wfb2001/zimbabwe/zimbabwe_economy.html (379 words)

	Zimbabwe Economy News - Media Monitoring Service by EIN News (Site not responding. Last check: 2007-10-27)
		is need for the stabilisation of the economy through synchronisation of the monetary and fiscal...
		China, the fastest growing economy in the world, is predicted to grow by...
		Nigeria, the United Republic of Tanzania and Zimbabwe, the figure is less than 10%.
	www.einnews.com /zimbabwe/newsfeed-zimbabwe-economy (1148 words)

	Australia boycotts Mugabe's UN speech - Breaking News - National - Breaking News
		Australia is the only country whose representative to a UN meeting boycotted a "disgraceful" speech by Zimbabwe President Robert Mugabe, Foreign Minister Alexander Downer said.
		Mr Downer said it would have been difficult not to invite Mr Mugabe to the FAO anniversary as Zimbabwe was a member of the United Nations.
		Mr Downer said Mr Mugabe had destroyed the economy of Zimbabwe, and half the country was now suffering from a lack of sufficient nutrition.
	www.theage.com.au /news/National/Australia-boycotts-Mugabes-UN-speech/2005/10/18/1129401235442.html (313 words)

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