Zimbabwe to soldier on with local currency though it is under attack 

April 7, 2022

Zimbabwe will not dollarise and will continue to use its local currency but it has been forced to pay civil…

Why Zimbabwe hiked bank interest rate to 80%

April 6, 2022

RBZ has raised interest rates by 20 percentage points, as it battles the growing threat of inflation. The main bank…

Top 10% in South Africa earns 60 times more than bottom 50%

April 6, 2022

South Africa is now one of the most unequal countries in the world with the top 10% earning 60 times…

Zimbabwe dollar continues its slide, now $145.87 to the US dollar

April 5, 2022

The Zimbabwe dollar today fell by $3.45 against the United States dollar to average $145.8721 down from last week’s $142.4237.…

Does US billionaire George Soros have a state in Zimbabwe’s Econet?

April 5, 2022

The answer is YES. But what is not clear is the size of the stake or the vehicle that he…

Zimbabwe hikes key interest rate from 60% to 80%

April 4, 2022

Zimbabwe has hiked its key interest rate from 60% to 80% with immediate effect to curb rising inflation which has…

1.5 million Zimbabweans vaccinated in two-week blitz

April 4, 2022

Nearly 1.5 million people were vaccinated during the two-week blitz that kicked off on 21 March and ended yesterday with…

United States dollar losing its dominance as the world’s reserve currency- IMF

April 3, 2022

The United States dollar is steadily losing its dominance as the world’s reserve currency but the decline has not benefitted…

South Africa’s Tharisa Plc takes control of Zimbabwe’s Karo platinum project

April 3, 2022

Tharisa Plc, a South African integrated resource group led by mining tycoon Loucas Pouroulis, has completed the acquisition of a…

Independence celebrations to rotate among provinces from now on- Mnangagwa

April 3, 2022

Zimbabwe’s independence celebrations will from this year rotate among the country’s 10 provinces so that the whole nation identifies with…