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
23h ago
Retailers in high stakes game
This week’s jump in demand is even higher than the May 2022 jump, which came in at 88%, just as the rate depreciated by 33% in that respective season.
By Respect Gwenzi
May. 26, 2023
Zimdollar in record crash...as calls for US$ salaries grow louder
The currency’s collapse has led to calls by opposition figures to pay salaries exclusively in US dollars, saying that the local unit is no longer holding value.
By Mirriam Mangwaya and Emmah Nhancumba
May. 25, 2023
GetBucks net loss widens by 193,26%
The micro-lender advised its shareholders that it was in the process of negotiating transactions as part of its capital raising initiative.
By Tatira Zwinoira
May. 22, 2023
Premium
Forex auction market rate under immense pressure
The pressure is reflected in increasing bids, which this week totalled US$30,3 million, the highest since May 2022.
By Respect Gwenzi
May. 19, 2023
NMBZ total assets up 32,7%
Customer deposits grew by 63,7% to $87,1 billion. T
By Melody Chikono
May. 19, 2023
Govt’s policy inconcistency legendary
The same measure was again declared in 2018 and other times in the past, which makes it quite clear why Zimbabwe’s manufacturers have been unable to walk out of their cribs.
By Newsday
May. 15, 2023
Mthuli’s slapstick measures only offer temporary reprieve
So yes, the government’s latest intervention is now threatening job losses at a time when the Zanu PF-run government is promising to create jobs to try and secure votes.
By Newsday
May. 13, 2023
Ceteris Paribus: ZSE best performing bourse in Africa: A myth?
The ZSE recorded the highest stock market annual returns in the world in 2020 and 2021 respectively, due to more money supply that came as a result of more government expenditure.
By Tinashe Duma
May. 12, 2023
Premium
CIO probes embarrassing ‘looting law’ leak
Local News
By Sydney Kawadza and Tinashe Makichi
May. 26, 2023
