Posts by Charles Rukuni

Zimbabwe is among the top 30 countries in the world with the widest gap between its richest people and the poorest, according to a survey by InsiderMonkey. To determine the…

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued it from ZiG14 to ZiG25 to the United States dollar on 27 September, last week…

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to contest a third term are not only unconstitutional but are against the trend in the…

The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded tax revenues receipts since 2014, is responsible for the collapse of the local currency including…

Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government increases the flow of hard currency to the interbank market and allows banks to sell…

Zimbabwe’s capital, Harare, which is a metropolitan province, is the least democratic province in the country. It has the lowest number of people in favour of multi-party democracy, according to…

Nearly 80% of Zimbabweans are against the extension of the president’s term in office, according to a survey by Afrobarometer, an African think tank. The country’s constitution says a president…

The government is the biggest loser when there is a discrepancy between the official exchange rate and the black market rate, Deputy Finance Minister David Kuda Mnangagwa said yesterday. Responding…

Zimbabwe is currently in turmoil after it devalued its five-month old currency, the Zimbabwe Gold (ZiG) by 84% last Friday. But things could get worse The Reserve Bank of Zimbabwe…

Zimbabwe today devalued its local currency, the Zimbabwe Gold (ZiG), by 44% to trade at 24.3902 against the United States dollar, down from 13.9987 yesterday. The local currency was under…