Posts by Charles Rukuni

The Zimbabwe dollar continues to appreciate against the United States dollar and yesterday averaged $5 739.7961 at the wholesale auction up from $6 326.5877 on Tuesday and $6 926.5764 on…

The decision by the Minister of Home Affairs to terminate the Zimbabwean Exemption Permit (ZEP) has been declared unlawful, unconstitutional and invalid. Three judges, sitting as a full bench in…

Critics of opposition Citizens Coalition for Change leader Nelson Chamisa have pounced on him for allegedly lying in 2018 that he had all the V11 forms to prove that he…

Zimbabwe’s local currency is finally displaying signs of stability after a tumultuous period that saw it plummet and inflation soar into triple digits.  According to reports, the Zimbabwean dollar experienced…

Zimbabwe’s recent order to compel businesses to pay half of their US dollar taxes in Zimdollars is meant to support the sagging local currency. The move is laying the ground…

The Zimbabwe dollar today firmed by nearly $600 against the United States dollar reversing months of its downward trend. It averaged $6 326.5877 up from $6 926.5764 last week. The…

Zimbabwe’s food inflation shot up by a whopping 104% between May and June largely because of the decline in the local currency but non-food inflation rose by only 49.5%. Annual…

George Roach, CEO of Premier African Minerals, was downcast yet defiant in a call with shareholders today, as shares in his London-listed company went into freefall.  The company announced that…

Zimbabwe President Emmerson Mnangagwa yesterday said his Zimbabwe African National Union-Patriotic Front party is unstoppable and will remain in power until kingdom come. Speaking at the launch of his 2023…

In another move to shore up its local currency, Zimbabwe says companies should pay half of the foreign currency portion of their tax obligations in Zimbabwe dollars but warned that…