Posts by Charles Rukuni

Zimbabwe’s mining sector was subdued in the first quarter due to a severe dollar crunch that affected production, with gold the worst hit, the mining chamber said, adding some bullion…

This past weekend, Zimbabwe took a dramatic step towards national reconciliation. In an effort to improve the country’s difficult economic situation and bring about unity among its confrontational politicians, President…

Authorities in Zimbabwe have detained four human rights campaigners on their return home from a foreign trip and seized their cellphones and laptops, lawyers said today. "They were detained upon…

Zimbabwe has hiked the price of petrol to $4.97 a litre and that of diesel to $4.89 a litre from today. Speculation had been rife that the price of fuel…

Oil companies in Zimbabwe will from tomorrow buy dollars to import fuel on the interbank market after the central bank ended the1:1 peg to the dollar that the firms were…

The vice-president of the Movement for Democratic Change-Tsvangirai, Obert Gutu, has described this week’s congress of the Nelson Chamisa led MDC as “kindergarten gibberish”. Chamisa says the congress will set…

Zimbabwe’s central bank has secured a US$500 million loan from unspecified international banks to support interbank currency trading from tomorrow and ease a dollar crunch that has brought fuel and…

Movement for Democratic Change secretary-general, Douglas Mwonzora, who dropped out of the race to contest party leader Nelson Chamisa for presidency but is now seeking re-election as secretary-general at the…

Investors, scrambling to get money out of Zimbabwe at any cost, are pushing the Old Mutual Implied Rate (OMIR) to levels only reached in October last year when the market…

Exiled former Higher Education Minister Jonathan Moyo, who has railed against President Emmerson Mnangagwa’s administration since he was forced into exile in 2017, could be right when he says ZESA…