‘Zim needs sustainable arrears clearance strategy ‘

Zimbabwe cleared its overdue obligation to the IMF in October 2016, according to Chitambara.
By Melody Chikono Mar. 18, 2024

Forex earnings to decline

The move, according to the RBZ, meant to enhance foreign exchange resources needed to settle national and international obligations that normally require foreign currency.
By Mthandazo Nyoni and Tafadzwa Mhlanga Feb. 23, 2024

Hanke got it right on RBZ quasi-fiscal activities

During the discourse, Hanke pointed out that the real bane in fixing the currency crisis was the Reserve Bank of Zimbabwe (RBZ).
By Tatira Zwinoira Feb. 23, 2024

Food inflation hits consumers

Food prices have been volatile in recent months, with staples like bread, cooking oil and sugar becoming increasingly expensive.
By Sharon Buwerimwe Dec. 29, 2023

Zim dollar decline fueled by surge in money supply

Since November 30, the local currency has depreciated by 50% to US$1:$11 500 to $12 000  on the commonly used parallel market.
By Tafadzwa Mhlanga Dec. 24, 2023

Low healthcare budget cause for concern

Rusike emphasised the importance of reviewing the health staff establishment to reflect the current demographic and macroeconomic trends.
By Sharon Buwerimwe Nov. 8, 2023

Diaspora remittances hit US$1,17b mark

Diaspora remittances — money sent by a person in a foreign land to his or her home country—have become one the biggest foreign currency sources for Zimbabwe after exports
By Mthandazo Nyoni Nov. 5, 2023

Zimbos endure agony as prices skyrocket

President Emmerson Mnangagwa re-introduced the Zimdollar in 2019 after a decade of dollarisation.
By Sharon Buwerimwe Oct. 27, 2023

ZSE market turnover up 418%

Higher turnover in a stock indicates better liquidity, which means that it is easier to sell the stock in the market.
By Mthandazo Nyoni Oct. 17, 2023