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Zimbabwe's cash flow crisis [Business Africa]

Zimbabwe's cash flow crisis [Business Africa]

Business Africa

Zimbabwe’s economy is fast spiralling out of control. It’s only been a few months since it started printing its own version of the dollar to combat record hyperinflation and stem its cash-flow crisis. Harare now owes some three billion dollars to international lenders and has not been able to pay its civil servants, sparking fears of unrest with protests growing across the country. Elayne Wangalwa and Ruth Lago report.

DRC: Mining matters

It’s fair to say the bottom has fallen out of the mining industry in Democratic Republic of Congo which continues to feel the impact of the collapse of commodity prices.Thousands of people have lost their jobs and have been plunged into poverty, piling increasing pressure on President Joseph Kabila. Michael Dibie and William Bayiha have more.

Up, up and away

More and more people are taking to the skies in Africa and to Africa, according to new figures. Passenger numbers have leapt up by nearly 10 percent year on year; and capacity on African airlines has also grown along with an expansion of long-haul carriers. However, as Jean-David Mihamle and Kenneth Karuri report, the Brexit vote is expected to clip a few wings and see numbers fall in the future.