Prices gallop as ZiG loses grip
The ZWG shortage has also forced the general public to resort to the US dollar as a store of value and paying for goods and services in the foreign currency.
By Praise Nyamadzawo and Takudzwanashe Mangongera
Sep. 11, 2024
‘Revival of liquidity committee compromises RBZ autonomy’
RBZ governor John Mushayavanhu defended the move, stating that re-establishing the LMC was a key step in enabling authorities to implement
By Ashton Ndakusiya
Sep. 6, 2024
ZiG must not be a part-time currency
President Emmerson Mnangagwa in July indicated that the mono currency regime could be coming sooner than the end of the multi-currency regime in 2030.
By Newsday
Sep. 2, 2024
RBZ scraps charges for transactions under US$10
In a Monetary Policy Review Statement, central bank governor John Mushayavanhu stated that the action was intended to encourage the shift to digital currency.
By Tafadzwa Mhlanga
Aug. 31, 2024
The ZiG currency so far
Inflation was relatively high during that time, year-on-year weighted inflation rate for March 2024 was at 55,3% and month-on-month inflation rate was at 4,9%.
By Admire Nyabunze
Aug. 23, 2024
Ceteris Paribus: Navigating the currency crossroads
However, despite this denial, the possibility of such a policy shift lingers, leaving many sceptical.
By Tinashe Duma
Aug. 23, 2024
Mixed messaging bane for monetary authorities
RBZ was forced to restate that there was no change in the remittance policy.
By Newsday
Aug. 20, 2024
Nssa targets banks in offshore move
Afreximbank focuses on financing exports and imports, TDB supports trade and development, while AFC focuses on key infrastructure.
By Tafadzwa Mhlanga
Aug. 16, 2024
US dollar interest rates skyrocket
According to FBC Securities, this upward trend has significant implications for the economy and financial markets.
By Tatira Zwinoira
Aug. 2, 2024
