Treasury further tightens screws on money supply
Ncube’s latest measure means Treasury will now fund the 25% liquidated portion of forex to the RBZ and keep the forex proceeds itself.
By Tatira Zwinoira
16h ago
‘Late forex disbursements causing price hikes’
The situation is reminiscent of the market mayhem that rocked Zimbabwe between 2000 and 2009 leading to an economic depression.
By Freeman Makopa
May. 30, 2023
Micro-financiers struggle to raise US$5m regulatory requirement
RBZ set December 31, 2022 as the deadline for DTMFIs to comply with the new minimum capital requirement of Zimbabwe dollar equivalent to US$5 million.
By Mthandazo Nyoni
May. 29, 2023
Go back to school, American economist tells Mthuli
The dramatic fall of the local currency is being driven by a highly-speculative market as the country has mostly dollarised, with no concurrent economic growth to support it.
By Tatira Zwinoira
May. 29, 2023
Govt urged to establish debt audit committee
A communique concluding the three-day debt conference held in Harare recently outlined a raft of recommendations to be implemented by the government to address the debt issue.
By Melody Chikono
May. 29, 2023
At what stage does a President concede failure?
The country goes for an average 20 hours each day without electricity, and most urban areas enduring months or years with no tap water in their homes.
By Tendai Ruben Mbofana
May. 29, 2023
Price bloodbath jolts govt
Mnangagwa last week accused business of trying to sabotage his government ahead of elections in August through unjustified price increases and rejecting the local currency.
By Miriam Mangwaya and Sharon Sibindi
May. 28, 2023
Zamco winds up operations ahead of sunset
Zamco chief executive Cosmas Kanhai told Standardbusiness that the report will also incorporate final audited financials.
By Business Reporter
May. 28, 2023
Ama deploys teams to curb side marketing
Cotton is mainly grown by small-scale farmers in Gokwe, Sanyati, Muzarabani, Mt Darwin, Guruve and Cheshire, among other areas.
By Freeman Makopa
May. 22, 2023
Premium
CIO probes embarrassing ‘looting law’ leak
Local News
By Sydney Kawadza and Tinashe Makichi
May. 26, 2023
