Posts by Charles Rukuni

The Zimbabwe dollar today eased by $7.27 to average $173.2685 to the United States dollar more than a $100 less than the interbank rate of $277.02. On the parallel market…

Just as Zimbabwean businessmen like John Moxon and Zinona Koudounaris have seen their fortunes grow by millions of dollars in recent times, multimillionaire businessman Paddy Zhanda has seen his wealth…

Zimbabwe will issue a ministerial statement next Thursday on how to resolve the exchange rate problem, Deputy Minister of Finance Clemence Chiduwa told the Senate yesterday. He said people were…

Zimbabwe says it cannot run a country with a currency that is not its own, so the country is making sure that it moves from the use of the United…

One of the reasons why the Zimbabwe dollar is fast losing value is that Zimbabweans have lost all their savings before. They are therefore seeking and holding the United States…

Zimbabwe has told Britain to mind its own business after the House of Lords spent 55 minutes debating the recent by-elections in Zimbabwe. President Emmerson Mnangagwa’s spokesman, George Charamba, said…

The Zimbabwe dollar today shed $6.65 to the United States dollar to average 165.9942 against last week’s 159.3482 but this is now less than half the black market rate which…

Zimbabwe President Emmerson Mnangagwa is trying to emulate Russian President Vladimir Putin in his attempt to revive Africa's worst performing currency. Mnangagwa's administration may announce plans as early as this…

The House of Lords last week debated Zimbabwe’s recent by-elections for 55 minutes. Here is what they said: 16:36:00 Asked by Lord Oates To ask Her Majesty’s Government what assessment…

The number of new coronavirus cases dropped from 9 906 in March to 1 589 in April while deaths fell from, 49 to 25 but the government is still urging…