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Zimbabwe plans currency reforms

Bloomberg Zimbabwe will introduce currency reforms once it’s addressed imbalances in government finances, Finance Minister Mthuli Ncube said. The state plans to put the economy on a stronger footing through measures including cutting expenditure and increasing the efficiency of government delivery systems, Ncube said in a statement emailed on Wednesday from the capital, Harare. “These reforms shall be accompanied by ...

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US threatens to block Britain from procurement accord

Bloomberg The US is threatening to block the UK from a 46-nation public procurement agreement, a move that would deny British companies from accessing a near $2 trillion marketplace after leaving the European Union, according to two officials with knowledge of the situation. The UK will apply to rejoin the Government Procurement Agreement, a $1.7 trillion trade accord that governs ...

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UK economy set for best quarter since ’16

Bloomberg The UK economy appears to be on course for its best calendar quarter in almost two years, despite a weaker-than-expected performance in August. Gross domestic product grew 0.7 percent in the three months through August, the Office for National Statistics said on Wednesday. In August alone, output was unchanged. Economists had predicted growth of 0.1 percent. However, a similar ...

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