Posts by Charles Rukuni

Zimbabwe has published a statutory instrument allowing the use of multiple currencies including the United Sates dollar until December 2025. The same legal instrument also says all loans obtained by…

The Zimbabwe dollar today shed $14.21 against the United States dollar to average $366.2687 down from $352.0626 last week. It, however, remained unchanged on the black market where it ranges…

Zimbabwean billionaire Strive Masiyiwa has seen his net worth fall by more than US$2.5 billion since the first week of May, as the market value of his stakes in publicly…

Zimbabwe Finance Minister Mthuli Ncube today announced additional measures aimed at stabilising the exchange rate and controlling inflation which included assuring the nation that the country will be using the…

Zimbabwe Finance Minister Mthuli Ncube today announced that the country’s civil servants will receive a 100% salary increase from Friday, 1 July, but negotiations for a further review will continue…

Zimbabwe is to increase interest rates from 80% to 200% with effect from 1 July to curb inflation which is undermining consumer demand and confidence. This was one of the…

Zimbabwe Finance Minister Mthuli Ncube today said the country is going to legislate the use of the United States dollar for the five years covering the National Development Strategy Phase…

Zimbabwe’s annual inflation rose by nearly 60 percentage points to 191.6% in June, according to the national stat statistics agency. Month-on-month inflation rose by 9.7 percentage points to 30.7%. United…

The violence that erupted in Nyatsime following the death of Moreblessing Ali had nothing to do with her but was clearly preconceived and premeditated by the opposition. The State could…

Zimbabwe’s citrus exports to the European Union (EU) grew 30% between September and March, according to EU trade data. The EU imported 1.067 million tonnes of citrus between September 2021…