RBZ abandons fixed forex exchange system

THE Reserve Bank of Zimbabwe (RBZ), which was using the fixed exchange rate of US$1:$25, says it will switch back to market-determined exchange rate as the...

Zimbabwe government views Covid-19 crisis as an opportunity to loot new donor funds

Because of state capture, it would be a grave mistake for any entity to lend money...

Zimbabwe Price Bulletin, May 2020

The Famine Early Warning Systems Network (FEWS NET) monitors trends in staple food prices in countries...

RBZ will avoid Gedion Gono’s mistake by simply increasing cash supply: Cross

Monetary Policy Committee member, Eddie Cross has clarified Reserve Bank of Zimbabwe’s policy with respect to...

Zimbabwe set to print high denomination banknotes

Reserve Bank approves introduction of banknotes for 10, 20 Zimbabwe dollar worth close to 600M Zimbabwe...

Zimbabwe to start phasing out use of US dollars at the end of 2022

Zimbabwe will phase out the use of foreign currency such as US dollars for the payment...

Zimbabwe and the sanctions myth

It has the potential to become one of the more prosperous economies in Africa, given its...

Open Committee Meetings Monday 9th to Thursday 12th March

BILL WATCH...

Musarara fails to account for US$26.1 million received from RBZ

HARARE – At least US$26.1 million released by the Reserve Bank of Zimbabwe to the Grain...

Zimbabwe Central Bank to Settle $1.2 Billion of Legacy Debt

The Reserve Bank of Zimbabwe approved the payment of $1.2 billion in legacy debt, but rejected claims for...

Zimbabwe’s economy is run by master criminals who are fleecing the poor

Ordinary Zimbabweans have suffered for years as a result of currency manipulation and corruption by the...

Zimbabwe freezes Chinese firm’s account over currency manipulation

HARARE (Reuters) - Zimbabwe’s central bank has frozen an account of a Chinese company it accused...

Zimbabwe’s economy is hobbled by a clash of egos

At the heart of Zimbabwe’s economic paralysis is a personality clash....

Zimbabwean Migrants Return Home, Sacrifice Opportunity After Attacks in South Africa

This year, a spate of attacks against foreigners in South Africa led hundreds of Zimbabwean migrants...

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