Titus Mukove
HARARE - Tuesday marked the first gear of the Foreign Currency Auction System by the government which is aimed at bringing stability on prices and exchange rate. As expected, there was a sharp fall in the value the...
Ryan Chigoche
HARARE - The introduction of the gold coins on July 25 was one of the numerous policy initiatives aimed at reducing demand for the US currency and reining in inflation that was on the rise.
In their early days,...
By Talkmore Gandiwa
Palestine delegation which jetted in the country is set to sign MoUs with the Zimbabwean this week.
The delegation is led by the Palestine Minister of Foreign Affairs and Expatriates Mr Ridadh ak- Maliki arrived in the country...
By Kristalina Georgieva and Abebe Aemro Selassie
Sub-Saharan Africa is in the grips of a third wave of COVID-19 infections that threatens to be even more brutal than the two that came before.
This is yet more evidence of a dangerous divergence in...
Staff Writer
Zesa Holdings though its subsidiary, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has launched a US$35 million smart and prepaid metering roll-out programme, which will enable to reduce the ever growing debt risk.
At present, ZETDC is owed...
Farai Mabeza
HARARE - The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has brought charges under the Money Laundering and Proceeds of Crime Act against Ecocash, the company’s chief executive officer Natalie Jabangwe and director Eddie Chibi, who is...
Farai Mabeza
Tobacco deliveries are slower than expected because farmers are not happy with the fixed exchange rate of 1:25 under which they are required to surrender 50 percent of their foreign currency earnings, it has emerged.
Tobacco Industry and Marketing...
Staff Writer
HARARE – At least two Reserve Bank of Zimbabwe directors could be on their way out following the expiry of their contracts amid indication authorities were now looking at renewing the staff complement at the bank, particularly at...
FinX
HARARE - (FinX) Zimbabwe’s economy will register a negative growth 2.5% in 2020 from a negative 5.5% growth in 2019 owing to foreign currency shortages, elevated public debt and uncontrolled inflation, a recent report shows. It is, however, poised...
The imperial makings of a local/national currency in colonial Zimbabwe: Money as a product of imperial and colonial politics and law; 1930-1940
Tinashe Nyamunda
The Brookings Institute’s Economics Professor Steve Hanke has argued that the Reserve Bank of Zimbabwe (RBZ) has...
