Forex directive triggers RBZ action
Higher levels of money supply ignite inflation surges.
By Shame Makoshori and Rugare Mubika
6h ago
Zimdollar in spectacular crash
Zimbabwe's economy is struggling to emerge from decades of decline and bouts of financial chaos that charactersised the latter half of the late former leader, Robert Mugabe’s reign.
By Tatira Zwinoira
12h ago
Uneconomical tariffs, exchange losses weigh down Econent
With these funds, EHZL will use this to facilitate the redemption of its remaining debentures that matured that in April.
By Tatira Zwinoira
12h ago
Editor’s Memo: Leaders groping in dark for solutions
Why do our leaders seem to struggle for solutions to problems they have experienced before? They come across as poor students of history.
By Alfonce Mbizwo
12h ago
Just dump Zimdollar: Analysts
They instead advised Ncube to dump the local currency and redollarise because everyone in the country is more comfortable using United States dollar (US$).
By Tatenda Manyinyire
Jun. 1, 2023
Low tariffs chew into Econet earnings
While the local currency took a battering, EWZ was unable to raise tariffs, its main source of revenue, in line with the depreciation leading to massive exchange losses for the firm.
By Tatira Zwinoira
Jun. 1, 2023
Treasury further tightens screws on money supply
Ncube’s latest measure means Treasury will now fund the 25% liquidated portion of forex to the RBZ and keep the forex proceeds itself.
By Tatira Zwinoira
May. 31, 2023
Retailers in high stakes game
This week’s jump in demand is even higher than the May 2022 jump, which came in at 88%, just as the rate depreciated by 33% in that respective season.
By Respect Gwenzi
May. 26, 2023
Zimdollar in record crash...as calls for US$ salaries grow louder
The currency’s collapse has led to calls by opposition figures to pay salaries exclusively in US dollars, saying that the local unit is no longer holding value.
By Mirriam Mangwaya and Emmah Nhancumba
May. 25, 2023

Premium
Crack team raids Chinese firms… undocumented immigrants fished out in shock clean-up
Local News
6h ago
Ncube feels heat as meltdown batters Zim from all fronts
Local News
By Shame Makoshori and Rugare Mubika
4h ago