Zimbabwe dollar plunges by $85.27, now at $258.54 to the US dollar

May 17, 2022

The Zimbabwe dollar today plunged by $85.27 to average $258.5404 against the United States dollar narrowing the gap with the…

Who got what from the Zimbabwe forex auction in April 2022

May 16, 2022

Nearly 2 900 businesses benefitted from the Zimbabwe foreign currency auction in April with 749 large firms getting US$107.8 million…

Zimbabwe forex auction has allotted US$3.1 billion to date

May 16, 2022

Zimbabwe’s foreign exchange auction has allotted US$3.1 billion since its inception in June 2020. The country now, however, has three…

7 steps Mnangagwa intends to take to industrialise Zimbabwe

May 15, 2022

President Emmerson Mnangagwa says Zimbabwe must industrialise its rural areas using agriculture as the base and has outlined seven steps…

Zimbabwe dollar eases by $7.27 to average $173.27 to the US dollar

May 10, 2022

The Zimbabwe dollar today eased by $7.27 to average $173.2685 to the United States dollar more than a $100 less…

Zimbabwean mogul Paddy Zhanda gains over US$1.5 million from Masimba in 71 days

May 6, 2022

Just as Zimbabwean businessmen like John Moxon and Zinona Koudounaris have seen their fortunes grow by millions of dollars in…

Zimbabwe to issue ministerial statement on Thursday on how to resolve the exchange rate problem

May 6, 2022

Zimbabwe will issue a ministerial statement next Thursday on how to resolve the exchange rate problem, Deputy Minister of Finance…

We cannot run a country with a currency that is not ours- Zimbabwe says

May 6, 2022

Zimbabwe says it cannot run a country with a currency that is not its own, so the country is making…

Zimbabweans holding on to US dollar because they have been clobbered before

May 3, 2022

One of the reasons why the Zimbabwe dollar is fast losing value is that Zimbabweans have lost all their savings…

Zimbabwe tells Britain to mind its own business

May 3, 2022

Zimbabwe has told Britain to mind its own business after the House of Lords spent 55 minutes debating the recent…