Respect Gwenzi
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Forex demand continues to fall
These indicators are however inverse to the movement in the exchange rate on the respective market.
By Respect Gwenzi
Sep. 2, 2022
Auction allotments levels remain low
The levels of allotments remained low, cementing a trend that has been true for at least two months now.
By Respect Gwenzi
Sep. 16, 2022
Paltry US$11m traded on auction market
Data shows that for some non-exporting companies over 30% of sales are now in foreign currency.
By Respect Gwenzi
Sep. 30, 2022
Forex traded continues to fall
The total value traded came in at US$10,5 million which is the lowest level since the revamp of the auction market in June 2020.
By Respect Gwenzi
Oct. 7, 2022
Parallel market rate spikes again
The entrenched use of the US dollar in the economy meant that more players had the capacity to finance own forex requirements through direct sales.
By Respect Gwenzi
Oct. 28, 2022
US dollar creation, a ticking time bomb
The results are shocking and point towards yet another pending currency crush brewing from electronic creation of US dollar credit.
By Respect Gwenzi
Nov. 4, 2022
Currency market under pressure
While this is happening, the auction market remains relatively stable weakening in each respective session albeit at fading margins.
By Respect Gwenzi
Nov. 11, 2022
How much oil reserves does Zim have?
Managing director Scott Macmillan says the early results are “an exciting development validating our subsurface model”.
By Respect Gwenzi
Nov. 18, 2022
Is Zim headed towards a technical recession?
When this article was written, The Zimbabwe Stock Exchange's nominal growth for the year-to-date (YTD) period ending 15/11 in 2022 was 28,79%.
By Respect Gwenzi
Nov. 25, 2022
Zim now one of the fastest growing African economies
Corruption persists like a festering wound slowly spreading to all of the state’s institutions.
By Respect Gwenzi
Dec. 2, 2022
Widening premium gap reflects market instability
The parallel market gap has widened to 36% in the latest session from a low of 15% in October.
By Respect Gwenzi
Dec. 9, 2022
Burgeoning public debt a threat to development
The Covid-19 pandemic has fuelled debt expansion as countries struggled to service their debts.
By Respect Gwenzi
Jan. 6, 2023
Zimdollar depreciation path unlikely to change in 2023
It also gives a foresight into the interplay between the auction and parallel markets.
By Respect Gwenzi
Jan. 13, 2023
Weak trading data shows RBZ is in control of the exchange rate
The RBZ has made efforts to continuously drive the currency market towards full liberalisation.
By Respect Gwenzi
Jan. 20, 2023
