RBZ snubs forex auction bidders
As the Zimbabwe market adapts to the yet another currency, Zimbabwe Gold (ZiG), the RBZ has availed US$285 million to shore up the local currency.
By Melody Chikono
Apr. 14, 2024
Zim’s diesel fired industry quakes as oil prices rocket
In the last quarter of 2023, the report noted that crude oil prices were going down, having peaked at about US$92 per barrel in September 2023.
By Mthandazo Nyoni
Apr. 12, 2024
‘Bond notes, Zimdollar had no backing’
The Bond notes and coins were then dropped to allow for the re-introduction of the ZWL$ in June 2019.
By Tatira Zwinoira
Apr. 12, 2024
Kim Jayde turns heads at CCI Awards
The CCI Awards are an initiative that recognises creative South Africans rooted in celebrating their respective cultures.
By Style Reporter
Apr. 7, 2024
CZI gets US$2,5m Swedish boost
The support comes at a time when manufacturers are in desperate need of foreign currency as official channels continue to prove difficult in supplying adequate amounts.
By Julia Ndlela and Blessed Ndlovu
Apr. 5, 2024
Sobering complications of a currency in peril
Companies say they did not collect the levy when it came into force at US$0,002 cents in January because consultations over its implications were ongoing.
By Shame Makoshori
Mar. 28, 2024
Address currency depreciation: CZI
In July 2022, the Reserve Bank of Zimbabwe (RBZ) introduced physical gold coins as an alternative store of value to the United States (US) dollar in the economy.
By Mthandazo Nyoni
Mar. 28, 2024
Pensioners get US$2,50 payouts
Some of the pensioners told NewsDay yesterday that they are getting ZWL$50 000 which is a mockery to their years of contribution.
By Kenneth Nyangani
Mar. 27, 2024
CZI jittery over monetary policy delay
In its inflation and currency developments update, CZI, which represents the interests of big companies across all sectors, said the delay was hurting industry.
By Mthandazo Nyoni
Mar. 22, 2024
