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We are on our own in fighting COVID-19 – Mangudya

Farai Mabeza Zimbabwe is battling to salvage its economy on its own in the wake of the COVID-19 pandemic after being excluded from the emergency...

RBZ completes blocked funds validation

HARARE – The Reserve Bank of Zimbabwe has announced that it has completed the validation of foreign exchange applications submitted under the blocked funds...

US$ bounces back, exchange rate fixed

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...

RBZ says on-course to stabilising exchange rate but de-dollarisation is a...

Highlights Total money supply in the economy as at December 2019 stood at $34.5 billion. Of that $22 billion (64%) is in local currency...

Sakunda sweats over US$50 million debt

Staff Writer Kudakwashe Tagwirei’s Sakunda Holdings is sweating over US$48 million that it owes to its London-Stock Exchange listed technical partner, Aggreko accumulated from the...

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