‘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

After the Bell: Decoding Zimbabwe’s decision to Zigzag

This is Zimbabwe’s sixth attempt to create a functional local currency since 2008, when inflation crossed 500 billion percent, making it worthless.
By Tim Cohen Apr. 11, 2024

Govt must not undermine new currency

At the same time, the market has basically refused to continue transacting in the Zimdollar, leaving mostly the United States dollar and the South African rand to fill the void.
By Newsday Apr. 10, 2024

Govt document authentication service suspended

In a public notice yesterday, the ministry said the resumption of the authentication services would be communicated as soon as normal banking services were restored.
By Desmond Chingarande Apr. 10, 2024

Waiting for the gold standard

After another controversial election in August last year and subsequent political developments, there is a general collapse in confidence in Zimbabwe’s political leaders.
By Muckracker Apr. 5, 2024

Living a lie.

This points to the challenges the soon-to-be unveiled structured currency will face and monetary authorities will find themselves at the deep end.
By Newsday Apr. 3, 2024
Premium

‘Structured currency, a damp squib’

Economist Vince Musewe said there was nothing in economics called structured currency.
By Priveledge Gumbodete Apr. 2, 2024

Why Mnangagwa cut short Mangudya’s Reserve Bank stay

“My government is determined to implement responsive interventions towards arresting speculative activities, inflation, price increases and stabilising the exchange rate,” he said.
By Tatira Zwinoira and Problem Masau Mar. 29, 2024

Even after splurging millions, poor Wicknell can’t find love

Reports suggest that Chivayo paid a bride price of US$50 000 in 2017, and the intervening years have seen Wicknell buy more fancy cars to stock in his garage.
By Muckraker Mar. 28, 2024