Industry sounds alarm on Zim forex shortages
Israel Murefu, former president of the Employers Confederation of Zimbabwe, told businessdigest that the foreign currency shortage issue needed to be addressed urgently.
By Mthandazo Nyoni
23h ago
USD liquidity preference
We have noted with concern that most individuals, households, and businesses in Zimbabwe prefer to hold money in the form of cash (mostly US dollars).
By Batanai Matsika
23h ago
Power outages a thorn in the flesh: Emcoz
Israel Murefu (IM), former president of the Employers Confederation of Zimbabwe (Emcoz)
By Tafadzwa Mhlanga
23h ago
Zim banks milk clients with steep fees…some lenders hitting consumers with 300 charges
BAZ chief executive officer Fanwell Mutogo told our sister paper NewsDay recently that banks, like any other industry, incurred costs when providing a service to their clients.
By Melody Chikono
23h ago
Dedollarisation requires US$2,5bn: Govt
Mnangagwa said to be able to absorb that US dollar and create more ZiG, there had to be enough banking, or else the country would go back to inflationary pressures.
By Melody Chikono
Jul. 22, 2024
ZiG: So far so good
ZiG is backed by gold and cash reserves, with the central bank saying this week that it wants to bolster gold reserves to support the currency.
By Newsday
Jul. 19, 2024
Into ZiG’s first 100 days
The Zimbabwe Gold (ZiG) was introduced in the 2024 Monetary Policy Statement in early April 2024, a few months after the appointment of a
By Rufaro Hozheri
Jul. 19, 2024
Editor’s Memo: De-dollarisation: Policy consistency needed
Zimbabwe has battled currency instability over the years. One of the reasons for this is policy inconsistency.
By Faith Zaba
Jul. 19, 2024
Authorities must stay the course on ZiG stability
The revisions consider the significant and urgent downside impacts of the El Nino-induced drought on the economy that authorities had initially underestimated.
By Zvikomborero Sibanda
Jul. 12, 2024
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Busted: Criminal land cartels cash in on land allocations in Mashonaland East
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Jul. 21, 2024