Staff Writer HARARE – In a judgment, which could have potentially far-reaching implications over the conversion of USD bank balances to RTGS, the High Court today nullified the exchange control directive issued by the Reserve Bank of Zimbabwe in October...
Xolisani Ncube The Reserve Bank of Zimbabwe has re-introduced the use of multi-currency system as a way of fighting the highly contagious Covid-19 pandemic. In a statement issued Thursday afternoon, RBZ governor John Mangudya said the move to re-introduce the multi-currency...
HARARE - The Office of the President and Cabinet yesterday announced Doug Munatsi as the first chief executive officer of the Zimbabwe Investment and Development Agency (ZIDA), marking his official foray into public service. His appointment together with that of...
The publication by Maverick Citizen of the Report on Cartel Power Dynamics in Zimbabwe has raised some important questions about the presence and impact of cartels in Zimbabwe in particular and Southern Africa in general. The report finds that there...
Xolisani Ncube/Almot Maqolo At least 650 white former commercial farmers have received payment of about $50 000 as compensation from government, the Commercial Farmers Union has revealed. The money translates to approximately US$2 000 using the parallel make rate of 1:25. However,...
Speculators, Fiscal Foundations and Economic Reorganization, 1900-1910 Tinashe Nyamunda The last article examined, in part, the way that the colonial monetary system in early colonial Zimbabwe’s legal foundations were borrowed from the British Cape colony’s legislation (part of present-day South...
Ryan Chigoche HARARE - Despite being instructed by the International Monetary Fund (IMF) to implement a US dollar (USD) budget in order to control inflation, the government has said that the 2024 budget, which will be released on November 30th,...
Staff Writer Food security, agriculture and the African Continental Free Trade Area are the key sectors that will anchor Africa’s post-COVID-19 recovery, a senior AfDB official has said. Addressing a virtual press conference on the opening day of the African Economic...
HARARE – The Radiation Protection Authority of Zimbabwe (RPAZ) has demanded that, with immediate effect, all cars being imported from countries such as Japan be inspected for radiation contamination. In a notice, the chief executive officer of RPAZ Justice Chipuru...
Talkmore Gandiwa The Small to Medium Enterprises sector is now the bedrock of the country’s economy, contributing 60% of the total Gross Domestic Product and an estimated 76% of total employment, a senior government official has said. Addressing entrepreneurs at the...

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