Mangudya Ranked Among The Worst Central Bank Governors In Africa

Reserve Bank of Zimbabwe (RBZ) Governor, John Mangudya, has been ranked among the worst central bank governors, according to rankings by Global Finance magazine....

ZESA Hikes Electricity Tariffs Effective 1 January 2022

The Zimbabwe Transmission and Distribution Company (ZETDC), ZESA’s power distribution subsidiary, has hiked electricity tariffs with...

CBZ wins top Corporate Governance awards

CBZ Holdings won the listed companies Overall Best Corporate Governance Disclosures Award for the second year...

Zim reserve bank maintains policy rates, eyes 60% year-end inflation

Finance Minister Mthuli Ncube has projected that Zimbabwe's economy will grow by 5.5% in 2022 compared...

Finance Minister Directs Banks To Pay Workers’ USD Bonuses Free Of Charge

The Minister of Finance and Economic Development, Professor Mthuli Ncube has directed local banks to pay...

Zimbabwe Not Eligible For Debt Relief Until After Paying World Bank Debt- IMF

The International Monetary Fund (IMF) has said Zimbabwe will not qualify for a special debt relief...

Economist Warns Against Issuance Of US Dollar-denominated Salaries

Top economist, Vince Musewe has warned against the issuance of US dollar-denominated salaries saying the move...

Zimbabwe doubles spending as it targets growth of 5.5% in 2022

Part of the money will be channeled to infrastructure and state-owned companies, including to recapitalise the...

Tax-free thresholds reviewed upwards

The government has revised upwards the tax-free thresholds, a development set to cushion many Zimbabweans whose...

Zimbabwe power firm agrees $110 mln Afreximbank financing deal

JOHANNESBURG, Nov 19 (Reuters) - A subsidiary of Zimbabwe's state-owned power company has signed a $110...

Zimbabwe’s Government Breaks With its Own Currency Policy

Zimbabwe appears to be undermining its own currency as it struggles with inflation. ...

Dirty dollars: how tattered US notes became the latest street hustle in Zimbabwe

In country hit by hyperinflation, a shortage of dollars means those struggling to survive can make...

IMF Staff Concludes Article IV Mission to Zimbabwe

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit...

Civil servants to get US dollar bonuses

GOVERNMENT has announced that civil servants will receive their bonuses in foreign currency with the highest...

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