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You are deluded, Biti tells Mthuli

“We are tired of adhocratic policies. They are doing what is called kick and hope,” Biti told NewsDay.
By Problem Masau May. 13, 2023

‘Zimbos dump Zimdollar’

World Bank senior economist Dhiraj Sharma said the local currency was “rapidly losing value”.
By Miriam Mangwaya May. 6, 2023

RBZ gold-backed digital tokens uninspiring

We find it quite difficult, if not impossible, to see the link between the gold-backed tokens and the Zimbabwe dollar which is losing its value at a hair-raising speed.
By Newsday May. 1, 2023

A comprehensive approach needed to promote economic stability

If the formal market continues to depreciate at its current pace, the gap between the parallel and auction markets may widen in the coming weeks.
By Respect Gwenzi Apr. 28, 2023

Is gold-backed digital currency what we need?

Controlling money supply has, over the past year, proved to be the best solution to managing inflation.
By Tinashe Duma Apr. 28, 2023

‘RBZ selling gold coins at a loss’

The gold coins, weighing one troy ounce with a purity of 22 carats, sold at US$1,823.83 at launch last year, and the price has been gradually rising since then.
By Priveledge Gumbodete Apr. 27, 2023

Exchange rate situation to worsen

The current pace of losses on both markets is ahead of all the past four years since the reintroduction of the local currency.
By Respect Gwenzi Apr. 21, 2023

Polls to heighten risk: Old Mutual

In Nigeria, elections have since been held, leading to a change in leadership.
By Freeman Makopa Mar. 17, 2023

Zimdollar will remain weak

THE gap between the parallel market and the auction market rates narrowed for the fifth straight week this week, despite a sustained decline in the value of the latter.
By Respect Gwenzi Mar. 17, 2023