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 dollar, saying redollarising the economy could be catastrophic for the...

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...

ZESA Increases Electricity Tariffs Effective 15 May 2022

ZESA Holdings’ power distribution arm, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has increased electricity...

RBZ tinkers with exemptions as lending ban implodes

FEARS of blocking critical funding to the country’s fragile productive sectors and the resultant negative contagion...

Zim backtracks on shutting bank lending after firms shut facilities

The Reserve Bank of Zimbabwe has backtracked on its blanket directive to stop banks' lending activities...

Govt debt assumption burdens overtaxed citizens

The continuous assumption by the government of secret debts accrued by the Reserve Bank of Zimbabwe...

RBZ Foreign Currency Auction 10 May 2022: Zimbabwe Dollar Continues To Fall

The foreign exchange weighted average rate has fallen to US$1: ZWL$173.2685 from US$1: ZWL$165.9942 which was...

ZIBAWU calls for a reversal of ban on bank lending

The Zimbabwe Banks and Allied Workers Union (ZIBAWU) has called for the immediate reversal of the...

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