Posts by Charles Rukuni

Zimbabwe is going to introduce legislation which ensures that the country uses one exchange rate for pricing-  the official interbank rate which is determined by the market. The country introduced…

The role of social media on how people get their news in Zimbabwe is being hyped because a survey by African think-tank Afrobarometer says only 43% of Zimbabweans get their…

Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among the top 20. The biggest debtor is Pakistan followed by Angola. Other African countries with…

The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says the country’s monetary policy statement released on 5 April has been well received by the…

Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from a peak of 13.2517 on 24 April but central bank governor John Mushayavanhu is optimistic…

The United States lost its place as the most influential global power in Africa last year as its star status dimmed and other countries -China in particular- gained fans. A…

The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in small amounts like US$5 or US$10 cannot destabilise the country’s new currency the Zimbabwe Gold…

The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the Bulawayo exhibition grounds into a mixed-use commercial development. Property developer Terrace Africa will develop a…

Zimbabwe’s new currency today fell against the United States for the first time since its launch on 5 April. The ZiG, which is backed by gold and other minerals, has…

Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market this year, leaving investors dealing with the fallout. The Zimbabwe Stock Exchange All Share Index…