Zim inflation jumps from 87% to 176% in a month after currency crash

Zimbabwe’s annual inflation rate raced to triple digits for the first time in five months after multiple devaluations of the local currency led prices to surge....

Zim’s Economic Challenges Driving Civil Servants To Suicide – Teachers’ Union

Zimbabwe’s economic challenges, high inflation and the rising cost of living are driving civil servants and...

Runaway price hikes worsen in Zimbabwe

The economic crisis in Zimbabwe shows no signs of improving. In fact, things are getting dire...

Zimbabwe’s president orders central bank to stop foreign currency borrowing

HARARE, June 16 (Reuters) - Zimbabwe's President Emmerson Mnangagwa has ordered the central bank to stop...

Zimbabwe imposes new charge on foreign payments

All outward payments from Zimbabwe to any foreign country for the next six months will attract...

Zimbabweans hit by rising prices as local currency plummets

HARARE, June 14 (Reuters) - Zimbabwean businesses and households are fearing a repeat of the hyperinflation...

Critics Say Ailing Economy a Challenge for Zimbabwe’s Ruling Party as Election Nears

Experts question if an ailing economy will allow the ruling party to extend its 43-year-rule of...

Zimbabweans hit by rising prices as local currency plummets

HARARE (Reuters) - Zimbabwean businesses and households are fearing a repeat of the hyperinflation seen more...

ZESA Hikes Electricity Tariffs By More Than 100%

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of ZESA Holdings, has increased electricity...

Shops Now Using US$1 To ZWL$7 000 Street Rate – Biti

The street forex rate has moved to US$1: ZWL$7 000 according to academic Pedzisai Ruhanya, as...

Zim dollar continues on a free fall

The Zimbabwean dollar slid further Tuesday trading at $3 674 to the greenback, according to the central...

Mthuli Ncube: All Customs Duty To Be Paid In Local Currency

On May 29th, 2023, Zimbabwe’s Minister of Finance and Economic Development, Professor Mthuli Ncube, issued a...

Zimbabwe commerce takes to the streets

Their U.S. dollars outshine devalued national currency required in stores by FARAI MUTSAKA The Associated Press |...

Street traders offer a better bargain than stores as Zimbabwe’s currency crumbles

On the street, costs are more stable because shoppers pay exclusively in U.S. dollars....

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