Posted inStories
Zimbabwe dollar down to $2 577.06 to the US dollar
The Zimbabwe dollar today plunged by nearly $700 to average $2 577.0564 against the United States dollar narrowing the gap with the black market swipe rate now put at $3…
Posted inStories
Jonathan Moyo applauds Mthuli Ncube for refusing to ditch the Zimbabwe dollar
Exiled former minister Jonathan Moyo has applauded Finance Minister Mthuli Nciube for refusing to ditch the Zimbabwe dollar saying the bold decision that he had taken demonstrated that the government…
Posted inStories
Zimbabwe announces raft of measures to stabilise local currency – weekly forex auction now limited to maximum of US$5 million
Zimbabwe has announced a raft of measures to stabilise its currency which has tumbled over the past few weeks resulting in prices of goods rising sharply and month-on-month inflation going…
Posted inStories
Zimbabwe business calls for breaks on panic buyers
It is a song that Zimbabweans have heard playing before: as the Zimbabwe dollar loses more value, shops are struggling to restock fast enough and the country’s biggest industry group…
Posted inStories
Five things Africa (and Zimbabwe) has to do to be its own master- Mnangagwa
Zimbabwe President Emmerson Mnangagwa says Africa and Zimbabwe can develop using their own resources and outsiders should only come in to support. Writing in his column in the Sunday Mail,…
Posted inStories
US President Joe Biden commits US$300-million credit facility to Strive Masiyiwa’s ADC
President Joe Biden has unveiled a US$300-million credit facility through the US International Development Finance Corporation (DFC) for Africa Data Centres (ADC), Africa’s leading network of interconnected data facilities owned…
Posted inStories
UK not sure yet if it will send observers to Zimbabwe elections
The United Kingdom is not sure yet whether it will send observers to Zimbabwe’s elections in August because invitations will not be issued until the election date has been announced.…
Posted inStories
Jonathan Moyo says there is no sabotage in price hikes in Zimbabwe, just problems with no solutions
Former Information and later Higher Education Minister Jonathan Moyo has offered Zimbabwe Finance Minister Mthuli Ncube two suggestions to end the current price madness in the country claiming that there…
Posted inStories
Is there a hidden political mission to the price hike madness?
The old, and wise, always advise adults against joining children in whatever game they would be playing in muddy fields, to demonstrate how good they were at the sport in…
Posted inStories
Zimbabwe dollar plunges by $483.21 as it plays catch-up with the black market
The Zimbabwe dollar today plunged by $483.21 to average $1 888.0119 against the United States dollar narrowing the gap with the black market which had a cash rate of $1…