Posts by Charles Rukuni

The Zimbabwe dollar today shed $32.35 to average $290.8876 against the United States dollar down from $258.5404 last week. The local currency has lost $124.90 in the past three weeks…

After several weeks of being ranked as Southern Africa’s second-richest Black billionaire, Patrice Motsepe has staged a comeback, recouping wealth losses and surging ahead of Zimbabwean telecom billionaire Strive Masiyiwa.…

In a few days, we shall be celebrating Africa Day to mark the founding of our Continental Body, the Organisation of African Unity, OAU, now African Union (AU) far back…

The United States is the world’s largest enabler of financial secrecy, surpassing notorious tax havens like Switzerland, the Cayman Islands and Bermuda, according to an analysis by the Tax Justice…

Sinomine, the Chinese lithium company that is buying Bikita Minerals, says it plans to invest an initial US$200 million to build a new plant and expand existing operations. Bikita is…

Zimbabwe cannot stabilise its local currency the way Zambia or Uganda or Tanzania did because their situation was different. This was said by Finance Minister Mthuli Ncube in response to…

Some 20.8 million Nigerians, more than the entire population of Zimbabwe smoke mbanje according to the Global Cannabis Report for 2019. Zimbabwe has an estimated 14.9 million people but the…

Zimbabwe Home Affairs Minister Kazembe Kazembe says there are only two ways to end corruption in Zimbabwe. Responding to a question from Senator Watson Khupe who wanted to know what…

A British lord yesterday said the United Kingdom had signed an agreement with Zimbabwe to accommodate refugees deported from Britain but this had never been published. It was only the…

The suspension of loans by banks announced by President Emmerson Mnangagwa on 7 May was a big hammer but it was needed, Finance Minister Mthuli Ncube told the Senate yesterday.…