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Posts by Charles Rukuni

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About Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.
Mnangagwa says ZANU PF is unstoppable. It will remain in power until kingdom come
Posted inStories

Mnangagwa says ZANU PF is unstoppable. It will remain in power until kingdom come

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…
Posted by Charles Rukuni June 25, 2023
Zimbabwe says companies should pay taxes in local currency, those that seek money from black market will be sanctioned
Posted inStories

Zimbabwe says companies should pay taxes in local currency, those that seek money from black market will be sanctioned

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…
Posted by Charles Rukuni June 24, 2023
Zimbabwe dollar plunge sees Masiyiwa net worth decline by US$400 million
Posted inStories

Zimbabwe dollar plunge sees Masiyiwa net worth decline by US$400 million

Strive Masiyiwa, the richest man in Zimbabwe and one of the world’s wealthiest Black businesspeople, has experienced a significant decline in his net worth over the past month, after witnessing…
Posted by Charles Rukuni June 21, 2023
Zimbabwe aiming for single currency but it is doing so in stages
Posted inStories

Zimbabwe aiming for single currency but it is doing so in stages

Zimbabwe is aiming to have a single currency but it is doing so in stages, Reserve Bank of Zimbabwe governor John Mangudya said. “Our vision is to have a mono-currency,…
Posted by Charles Rukuni June 21, 2023
Posted inStories

Zimbabwe dollar now at $6926.58 to the US dollar

The Zimbabwe dollar today dropped by nearly $1 000 to average $6 926.5764 to the United States dollar. The local currency is trading at between $7 700 and $8 400…
Posted by Charles Rukuni June 20, 2023
Zimbabwe oil explorer may sell stake in gas project
Posted inStories

Zimbabwe oil explorer may sell stake in gas project

Invictus Energy may sell a stake in its Zimbabwean oil and gas project if its appraisal drilling campaign confirms commercially viable discoveries, managing director Scott Macmillan says. Invictus last month…
Posted by Charles Rukuni June 20, 2023
Africa’s minerals giants push for bigger battery bucks as China and the West vie for clean energy resources
Posted inStories

Africa’s minerals giants push for bigger battery bucks as China and the West vie for clean energy resources

Some of Africa’s top mineral-producing nations are banning the export of raw battery minerals and instead want the metals processed locally as rivalry between China and Western nations over the…
Posted by Charles Rukuni June 18, 2023
Zimbabwe dollar to stabilise provided government resists temptation to print money ahead of elections
Posted inStories

Zimbabwe dollar to stabilise provided government resists temptation to print money ahead of elections

The Zimbabwe dollar will stabilise because of increased demand for the local currency provided that the government resists the temptation to print money ahead of the elections on 23 August,…
Posted by Charles Rukuni June 18, 2023
Zimbabwe’s President orders central bank to stop foreign currency borrowing
Posted inStories

Zimbabwe’s President orders central bank to stop foreign currency borrowing

Zimbabwe's President Emmerson Mnangagwa has ordered the central bank to stop foreign currency borrowing, as the government battles to contain a plunge in the local currency ahead of a general…
Posted by Charles Rukuni June 17, 2023
List of 1 375 companies that were allotted money at the forex auction in May
Posted inStories

List of 1 375 companies that were allotted money at the forex auction in May

Nearly 1 400 companies and small businesses were allotted US$79.3 million at the foreign exchange auction in May bringing the total so far disbursed by the auction to US$4.1 billion.…
Posted by Charles Rukuni June 17, 2023

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Insider's Q&A
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