Zimbabwe’s merry-go-round finance measures fail to cheer up economy

New gold coins, an interest rate at 200% - among the highest in the world – and jotting down the legal currency status for US dollars...

Zimbabwe Central Bank to Offer Gold Coins as Inflation Ravages the Country

The Reserve Bank of Zimbabwe plans to issue gold coins as a way for investors in the country...

It ‘takes me back to forced removals under apartheid’ – activist’s Zim exemption permit fears

Migrant activist Sharon Ekambaram thinks of forced removals during apartheid when she imagines what will happen...

Investors excited by Zimbabwe plan to mint gold to curb inflation

President Mnangagwa is reportedly desperate to shed some of the legacy economic problems his administration inherited....

Source your own grain: Govt urges millers

Finance and Economic Development Minister, Mthuli Ncube, has urged grain millers to source their own grain...

“ED & Prof Ncube A Liability …!” Politburo

Zanu PF Politburo member has declared that the party faces demise if Finance Minister Prof Mthuli...

This Zimbabwe bank has raised key rate to a record high of 200%

Governor John Mangudya announced the measure, on Monday, aimed to rein in inflation and stabilize the...

If You Borrow USD, Repay In USD – New Statutory Instrument

The government has announced the introduction of a new Statutory Instrument that will compel debtors to...

Fuel Levy Reduced, Mutli-Currency System To Remain: Mthuli Ncube

Minister of Finance and Economic Development Professor Mthuli Ncube has announced measures deemed necessary to stabilise...

Formal Retailers Claim Viability Under Threat

The viability of Zimbabwe’s formal retail and wholesale sector is under threat as more and more...

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...

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...

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