Industry sounds alarm on Zim forex shortages
Israel Murefu, former president of the Employers Confederation of Zimbabwe, told businessdigest that the foreign currency shortage issue needed to be addressed urgently.
By Mthandazo Nyoni
23h ago
Power outages a thorn in the flesh: Emcoz
Israel Murefu (IM), former president of the Employers Confederation of Zimbabwe (Emcoz)
By Tafadzwa Mhlanga
23h ago
Zim banks milk clients with steep fees…some lenders hitting consumers with 300 charges
BAZ chief executive officer Fanwell Mutogo told our sister paper NewsDay recently that banks, like any other industry, incurred costs when providing a service to their clients.
By Melody Chikono
23h ago
ZiG: So far so good
ZiG is backed by gold and cash reserves, with the central bank saying this week that it wants to bolster gold reserves to support the currency.
By Newsday
Jul. 19, 2024
Into ZiG’s first 100 days
The Zimbabwe Gold (ZiG) was introduced in the 2024 Monetary Policy Statement in early April 2024, a few months after the appointment of a
By Rufaro Hozheri
Jul. 19, 2024
Editor’s Memo: De-dollarisation: Policy consistency needed
Zimbabwe has battled currency instability over the years. One of the reasons for this is policy inconsistency.
By Faith Zaba
Jul. 19, 2024
‘Tax move to power ZSE rebound’
In a highly liquid market, the bid-ask spreads narrow, meaning the difference between what buyers are willing to pay and what sellers ask decreases.
By Tatira Zwinoira
Jul. 12, 2024
Authorities must stay the course on ZiG stability
The revisions consider the significant and urgent downside impacts of the El Nino-induced drought on the economy that authorities had initially underestimated.
By Zvikomborero Sibanda
Jul. 12, 2024
Ceteris Paribus: ZiG a gamble in a volatile world
However, this gold linkage, with its possible upsides, has proved to be a rather double-edged sword, with potentially reduced control over fluctuations.
By Tinashe Duma
Jul. 12, 2024
