Posts by Charles Rukuni

Zimbabwe is considering establishing a currency board to support the Zimbabwean dollar, as inflation surges. “The issue of the currency board is being looked at,” Ashok Chakravarti, a member of…

As the Zimbabwe dollar tanked and inflation soared, government responded in the only way it knows how: wagging fingers and spinning dark conspiracies. But, all along, the government knew the…

The Zimbabwe dollar today dropped from $458.3653 to $478.6358 at the foreign currency auction market but the black market swipe and zipit rates dropped from $950 to $800, narrowing the…

A US$42-million dam a century in the making could end water shortages for more than half a million Zimbabweans – and win votes for the ruling party in an opposition…

In one of the biggest drops since 17 May the Zimbabwe dollar yesterday shed $42.08 to average $458.3653 to the United States dollar down from $416.2890. The local currency had…

Zimbabwe annual inflation is to start declining only after September but month-on-month inflation has started declining and will continue to do so implying that prices will soon stabilise. The Reserve…

Zimbabwe is spending more on public infrastructure, among them its centerpiece projects such as the Beitbridge highway and dams. This is despite concerns, including from government itself, over the impact…

The gold coin that was introduced last week to shore up the local currency and provide an alternative store of value has taken Zimbabwe by storm with 1 500 of…

Trade between Zimbabwe and the United Kingdom has been on the decline over the past three years dropping from a peak of £461 million in 2018 to £126 million last…

Zimbabwe must improve its power management system as it fared badly in the region in terms of the frequency and duration of power cuts. Its distribution losses were also worse…