Ray Ndlovu
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Traders see pain in Zimbabwe’s 28% stock surge and shaky ZiG
The ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 per dollar on the parallel market and 13.98 officially.
By Ray Ndlovu
Sep. 22, 2024
Gloomy anniversary : US dollar suffocates the ZiG
The ZiG is being used to settle mostly minor transactions including utility and tax payments and a portion of civil servant wages.
By Ray Ndlovu
Apr. 6, 2025
Zimbabweans rush into property as haven against volatile economy
Its stance has led to a liquidity crunch that’s impacted the bourse and forced local investors to look elsewhere.
By Ray Ndlovu
May. 11, 2025
Premium
Tourism industry bleeds US$40m in 90 days. . . sector-wide carnage could top US$125 million, imperilling Zim’s GDP
Local News
Jun. 6, 2025
Investors flee Lake Kariba’s collapsing eastern shoreline
Local News
By Shame Makoshori and Freeman Makopa
Jun. 6, 2025
State contractors’ payment crisis spirals into job market bloodbath... operators offload 500 workers in three months, says trade union
Local News
Jun. 6, 2025
