CFI Holdings seeks strategic ideas to procure raw materials

CFI said the continued depreciation of the Zimdollar against the United States dollar was worsening the situation.
By Tafadzwa Mhlanga 15h ago

Zimdollar worst performing currency: AfDB

Efforts to stabilize the Zimbabwean dollar included the introduction gold-backed digital tokens as well as Mosi-ao-Tunya gold coin.
By Mthandazo Nyoni Feb. 23, 2024

Policy uncertainty and investor sentiment, investors on the edge?

 Assuming a new currency comes in the picture as speculated, confidence levels will also weigh on sentiment and equally plunge the market.
By Tinashe Duma Feb. 23, 2024

Structured currency may require a change of public perceptions

Be that as it may, I hold that the decision could have been delayed a bit further, particularly if the desire was to continue to hold the rate of inflation down.
By Prosper Munyedza Feb. 22, 2024

OK Zim revenue up 57%

The company said the depreciation of the local currency against foreign currencies continued in the quarter under review.
By Mthandazo Nyoni Feb. 20, 2024

Minister grilled over late payment of farmers

Ncube said Treasury had plans to cover late payment for grain deliveries and acknowledged that inflation was eroding their dues.
By Harriet Chikandiwa Feb. 16, 2024

Withdraw Zimdollar from circulation

As a matter of fact, probity warrants that government’s determination to get on top of the price crisis is achievable only by withdrawing the Zimdollar from circulation.
By Cyprian Muketiwa Ndawana Feb. 14, 2024

A last throw of the dice

This comes on the back of a sharp depreciation of the local currency and the quickened pace towards the use of the US dollar amid calls for full dollarisation of the economy.
By Newsday Feb. 14, 2024

Redollarisation in full swing

The latest statistics are reflective of the situation on the ground, although independent experts say the figure could be higher given that the informal sector shuns the local currency.
By Newsday Feb. 12, 2024