Zim dollar collapse raises concerns
As of Wednesday, US$1 fetched $907,92 formally and $1 200 informally.
By Tatira Zwinoira
Mar. 12, 2023
Opinion: Are we re-dollarising?
Rumours are that we are slowly heading towards official re-dollarisation, which will make the USD the official primary currency.
By Albert Chimbohwayi
Mar. 10, 2023
Currency crisis: Lessons not learnt
Since the start of the year, seven weeks ago, the local currency has lost 27% of its value versus the greenback.
By Newsday
Feb. 23, 2023
Zesa mulls switch to forex-indexed power tariff
The State-run power firm has been importing most of its power from regional utilities after failing to meet domestic demand for several reasons.
By Mthandazo Nyoni
Feb. 10, 2023
Biggest forex windfall in 42 years... as Zim rates hit the roof, US$ gains traction
Only 35% was held in the free-falling Zimbabwe dollar pool.
By Shame Makoshori
Feb. 6, 2023
Zim heads towards full scale dollarisation
According to researchers, historical patterns demonstrate that the country is dollarising, with the US dollar accounting for the largest share of civil workers' salaries.
By Mthandazo Nyoni
Feb. 5, 2023
Zimdollar in spectacular freefall
Zimbabwe suffered the highest levels of hyperinflation ever recorded for a nation in peacetime in 2007 and 2008.
By Mthandazo Nyoni
Jan. 27, 2023
Zimdollar further depreciates against US$
Following last week’s auction, the Zimdollar was trading at $705 to the US dollar.
By Tatenda Manyinyire
Jan. 19, 2023
Industries thrown off balance as inflationary pressures mount
The Confederation of Zimbabwe Industries (CZI) said it was concerned about the sudden surge in month-on-month inflation at the end of 2022, even after a slowdown in the annual rate.
By Tatira Zwinoira
Jan. 18, 2023
