By October 2022, it had plunged to about US$2,92 billion. The plunge represented a US$9,27 billion wipe-out in less than a year, driven by policy shocks and exchange rate turmoil.
Premium
Inside the oil regime ‘wiping out US$4,3m every 30 days’
But while the interventions were designed to cushion industries from runaway energy costs, AEDS said the measures also exposed Treasury to significant write-downs.
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May. 29, 2026
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State diamond miner appoints new CEO
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Over-use of antibiotics can result in drug resistant bacteria
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NMB sheds over US$10m in legacy blocked funds liability
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Grand plan to fortify pulse of Zim’s industrial growth
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Hope for lifting ban on OM, PPC chips
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Without planes, AirZim board won’t perform wonders
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Power crisis needs urgent attention
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Don’t print cash for projects
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Public urged to verify online deals through ScamAlert.Africa
Online scams continue to rise across Zimbabwe and the African continent
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Zimbabwe’s ICT talent set to buoy economic boom
EVERY year, Zimbabwe’s education system produces over 20 000 ICT graduates, a remarkable achievement for a developing nation.
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AI’s ChatGPT Pulse: A quiet erosion of privacy
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Best Game Aggregators: Key Features for iGaming Success
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Exploring the vibrant world of sports betting in Ethiopia
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Satewave churns out power solutions for Zim
Satewave Technologies director Xiao Feng said the company has several solar solutions to address the current power challenges.
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Liquid Tech to increase tariffs by 50%
It will be the second increase this year.
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Zim targets Pairs Golf World Finals
Rwodzi made the call during the launch of the 2026 edition of the tournament at the Sterling Hub in Harare last week.
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Vic Falls Safari Collection unveils new all-inclusive boutique retreat
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Sofar Sounds turns hotel garden into music haven
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Creative DNA project shores up Zim’s fashion comeback
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Harare DJ redefines city party scene with daytime concept
“We saw that most events were centred around nightlife, late starts, heavy energy, and a specific crowd,” Rawse explained in an exclusive interview with IndependentXtra.
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Apr. 10, 2026
Pantry essentials for every Zim home
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Winky D, pop and politics of civic space
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Herbicides: Bad news for local food security
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May. 27, 2022
Dumpsite: Gweru feels the heat
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Zim to pay 100% of international hunting revenue to communities
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Jun. 10, 2022
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Police block Zanu PF-linked sports gala in Harare South
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Premium
ED affiliate sparks outrage over CAB 3 workshops
The workshops come at a time when schools across Zimbabwe are grappling with chronic funding shortages, deteriorating infrastructure and staffing challenges.
By Miriam Mangwaya
2h ago
















