Inflation - The Zimbabwe Independent

Topic : Inflation

A year on, ZiG now a part-time currency

ZiG is being used as change in the informal sector as traders prefer the United States dollar to the local currency.

By Newsday Apr. 7, 2025

South African rand weakens as investors await local inflation data

State power utility Eskom suspended rotational power cuts, known locally as load shedding, on Wednesday.

By Reuters Feb. 26, 2025

South African rand weakens as investors await local inflation data

Zim 635% annual inflation rate topped global charts in 2024: IMF

Local authorities have abandoned reporting the annual inflation rate because the ZiG currency was introduced in April, thus, such reports are expected to resume starting this April.

By Tatira Zwinoira and Lee Musaidzi Jan. 30, 2025

Zim 635% annual inflation rate topped global charts in 2024: IMF

Zimbabwe inflation rises sharply in January

In his latest budget Finance Minister Mthuli Ncube introduced a 0.5% tax on fast food and a 10% tax on all sports betting proceeds, which took effect this month.

By Reuters Jan. 29, 2025

Zimbabwe inflation rises sharply in January

Inflation: A long way out of danger

In his mid-term monetary policy review statement, RBZ governor John Mushayavanhu projected a ZiG month-on-month inflation of below 1% by the end of the year.

By Newsday Oct. 31, 2024

Zim annual inflation rate 538% in June: Old Mutual

The annual inflation rate provided by Old Mutual appears as local authorities ceased to report the annual inflation following the introduction of the Zimbabwe Gold (ZiG) currency on April 5 this year.

By Tatira Zwinoira Sep. 27, 2024

Zim annual inflation rate 538% in June: Old Mutual

Can Zim ZiG-zag away from the USD?

Zimbabwe is currently heavily reliant on the US dollar (USD) as the main denominating currency in the economy.

By Nkosi Moyo Sep. 13, 2024

State of the pension industry

In the current economic environment that money is not enough to either maintain a lifestyle or to motivate someone to willingly participate in a pension scheme.

By Rufaro Hozheri Jul. 26, 2024

Ceteris Paribus: ZiG a gamble in a volatile world

However, this gold linkage, with its possible upsides, has proved to be a rather double-edged sword, with potentially reduced control over fluctuations.

By Tinashe Duma Jul. 12, 2024