Posts by Charles Rukuni

Nelson Chamisa, a charismatic leader in Zimbabwe’s opposition politics, has been facing a storm of criticism over his leadership style within the Citizens Coalition for Change (CCC). Initially, Chamisa carved…

Zimbabwe President Emmerson Mnangagwa has a lot of work to do to convince Zimbabweans to have confidence in the local currency again, a local economist and member of the Reserve…

British oil company BP claimed to have exported a consignment of diesel to Zimbabwe in 2019 – but the fuel never arrived. A case brought by the South African Revenue…

Nearly 500 businesses benefited from the foreign currency auction system in December getting US$16.7 million. A total of US$685.4 million was paid out with the bulk, US$651 million coming from…

Foreign currency obtained from the auction, introduced in June 2020 to revive the productive sector, last year accounted for only 8% of the US$9.3 billion that was paid out. The…

Zimbabwe has been ranked as the 5th country with the most expensive fuel in Africa according to a list compiled by GlobalPetrolPrices.com for 8 January 2024. Central African Republic tops…

The Reserve Bank of Zimbabwe has allowed the Zimbabwe dollar to fall sharply by 21% this week, a drop that leaves the currency 91% weaker than it was this time…

Zimbabwe business magnate John Moxon recorded a notable surge in the market value of his stake in Meikles Limited, increasing by nearly US$100 million in 2023 thanks to the sustained…

The Ministry of Finance today said the prices of basic goods like bread, milk, cooking oil, mealie meal, sugar and flour should not be increased because they are exempt from…

Zimbabwe’s gold deliveries fell by 15% in 2023, as the industry felt the impact of rising costs, power shortages and government’s policy on the currency. Deliveries to official gold buyer…