Posts by Charles Rukuni

The Zimbabwe dollar today shed $12.31 to average $391.5339 to the United States dollar down from $379.2280 last week, but the black market rate is now down to $780 to…

The Reserve Bank of Zimbabwe governor John Mangudya yesterday said dollarisation was the easy way out for Zimbabwe but it was the wrong way because Zimbabwe has no capacity to…

Zimbabwe’s hunting industry expects to attract more visitors this year than before the coronavirus pandemic, even as the war in Ukraine and other economic challenges weigh on numbers. The hunting…

Gold smuggling in Zimbabwe may be rampant but surely Finance Minister Mthuli Ncube could never have said that between 30 and 40 million tonnes are being smuggled to South Africa.…

Zimbabwe President Emmerson Mnangagwa had called on the church in Zimbabwe to ensure peace ahead of the 2023 elections because it is the conscience of society. Writing in his weekly…

Nearly US$100 million was allotted to 2 070 businesses in June with companies that manufacture basic commodities being among the top 10 beneficiaries. More than 70% of the money was…

Southern Africa’s richest black men, Strive Masiyiwa of Zimbabwe and Patrice Motsepe of South, are both out of the top 10 richest African billionaires list as of June. Here is…

The Zimbabwe foreign exchange auction allotted US$99.6 million to 2 070 businesses in June with 72% of the money going to the productive sector. According to figures released by the…

Information Minister Monica Mutsvangwa who is also leader of government business in the Senate was yesterday taken to task to explain how the introduction of gold coins in the country…

Zimbabwe’s local currency is at “risk” of being shunned if runaway inflation isn’t quelled, the country’s largest business group said. Policy interventions implemented by authorities over the last six months…