In Zimbabwe, a post-Mugabe economic revival remains elusive ahead of vote

Unemployment remains high, with only 30% of Zimbabweans holding formal jobs.
By Reuters Aug. 2, 2023

Vehicle imports net US$2bn

According to Zimra, the total revenue from all motor vehicle types for the year 2022 was $29 583 267 180,33 and US$2 263 191 197,63.
By Evans Mathanda Jul. 31, 2023

Inflation spikes to 176%

Monthly inflation also rose sharply by 58,8 percentage points in June to 74,5% showing the effects of the sharp depreciation of the Zimdollar.
By Rugare Mubika and Sizalokuhle Ncube Jun. 27, 2023

A case of burying heads in the sand

Mangudya is certainly trying his best to pretend that the currency mess is someone else’s problem that will just disappear.
By Newsday Jun. 5, 2023

We cannot control black market exchange rate: RBZ

Tundu said the central bank could not control what people chose when trading.
By Evans Mathanda Jun. 5, 2023

Furore over 25% export surrender funding

The idea was to create demand for local currency and use this increased local currency collections to pay exporters their 25% export surrender portion in Zimbabwe dollars.
By Tatira Zwinoira Jun. 4, 2023
Premium

‘Disband useless forex auction system’

He said demand for foreign currency on the platform established in 2020 had plummeted, underscoring the need to shut it down as firms had rebuilt their down war chests.
By Shame Makoshori Feb. 20, 2023

Christmas, without the cheer

Some Zimbabweans say they will not be enjoying the festive season with government playing the main role of “The Grinch that stole Christmas”.
By Sydney Kawadza Dec. 25, 2022

‘Budget anti-poor’

The Zimbabwe Coalition on Debt and Development (Zimcodd) said the measures announced by Ncube failed to cushion the suffering masses.