Zimbabwe’s annual inflation surges to 191% in June

People queue for US dollars at banks early in the morning, with some having slept in line a day before Christmas, in Harare on December 24,...

Zimbabwe plans to hike interest rate to 190% as inflation shoots past 191% in June

Persistence Gwanyanya, from the bank’s MPC, said the intention was to achieve a positive real interest...

ZINWA awards Tagwirei US$132m tender to construct dam in Nkayi

Before snapping cement company Lafarge Zimbabwe, Fossil Contracting, a company fronted by businessman Obey Chimuka but...

Gross mismanagement and corruption threaten NRZ’s viability

Alleged gross mismanagement and corruption of unparalleled levels at the National Railways of Zimbabwe (NRZ) are...

Zimbabwe’s debt strategy meaningless without reforms: ZIMCODD

There are fears that Zimbabwe’s debt strategy would be meaningless if authorities fail to fully implement...

Zim never recorded a budget surplus in 2021

Zimbabwe never recorded a budget surplus in 2021, as previously claimed by Finance and Economic Development...

Finance Minister defends continued use of weakening local currency

Finance and Economic Development Minister, Mthuli Ncube has defended the continued use of the weakening Zimbabwe...

Harare Ranked Among Top 5 Most Expensive African Cities To Live In

Zimbabwe’s capital, Harare, has been ranked fourth on the list of Africa’s most expensive cities to...

Bread prices jump 70% in Zimbabwe as economic crisis worsens

Zimbabwe's official inflation rate is already above 130% - but real inflation may be double that....

Price distortions causing economic instability: PAPCOZ

Press Statement on price distortions causing economic instability...

‘Zimdollar dead by next month’

ZIM DOLLAR BY PRIVELEDGE GUMBODETE TWO of Zimbabwe’s most respected economics professors have warned government to...

Currency Slump, 132% Inflation No Cause for ‘Panic’ in Zimbabwe

(Bloomberg) -- Zimbabwe is taking steps to tackle an inflation rate that’s jumped to 132% after...

Bundles in USD

Telecel Zimbabwe is introducing the UDS bundles for the convenience of their customers. This comes two...

Zimbabwe Allows Import of Basic Commodities to Curb Price Hikes

(Bloomberg) -- Zimbabwe is allowing ordinary citizens with access to U.S. dollars to import basic commodities...

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