Currency functionality: ZiG as a medium of exchange in fuel
The new currency was introduced at a rate of ZiG13.56 per US$1.
By Tinashe Duma
Apr. 19, 2024
Dump RBZ monetary policies: IMF
The IMF was also in Zimbabwe to conclude Article IV consultations, a mechanism in which the fund advises its members on economic policies.
By Tatira Zwinoira
Feb. 15, 2024
Economy edges towards full dollarisation
The Zimdollar has been depreciating sharply against major currencies on low confidence. The depreciation has pushed up the prices of basic commodities.
By Priveledge Gumbodete and Harriet Chikandiwa
Feb. 9, 2024
Delta ponders US$ financial reporting
According to official numbers, the majority of transactions in the country are now concluded in foreign currency.
By Rufaro Hozheri
Nov. 17, 2023
Policy uncertainties haunt Zim
Even the government itself is now tired and is dumping the unstable ZWL. For instance, passports issued by the Registrar’s Office are charged exclusively in USD.
By Zvikomborero Sibanda
Oct. 27, 2023
2024 budget strategy paper: Zim’s future looks bleak
Also, the Treasury promised to follow a prudent approach to fiscal management (cash budgeting, raising additional tax revenue, containing spending and efficient resource use) in 2024.
By Zvikomborero Sibanda
Sep. 22, 2023
Ceteris Paribus: Exchange rate vs political volatility
This is alarming in an economy that is more than 80% informal.
By Tinashe Duma
Sep. 15, 2023
Inflation statistics: ZimStat must ditch blended figures
The Treasury has also paused fulfilling its obligations like payments to contractors and suppliers.
By Zvikomborero Sibanda
Aug. 11, 2023
Piggy’s Trading & Investing Tips: Investing as a poverty alleviation tool
Government, regulators, pension funds and other related institutions need to both encourage and support savings at all levels of the economy.
By Batanai Matsika
Jul. 14, 2023
Banks, Zimra struggle with ZiG switchover
Local News
By Vincent Mungofa and Tinashe Kairiza
Apr. 19, 2024
Uproar as Zimparks seals off Vic Falls …tourists barred to make way for private event
Local News
Apr. 19, 2024
