Posts by Charles Rukuni

PPC, South Africa’s largest cement maker, is considering selling its Zimbabwe business for about US$200 million, according to people with knowledge of the matter. The shares surged.  A sale will…

The Zimbabwe dollar continues to fall against the United States dollar and is now officially at $831.8147 but it is failing to close the gap with the black market which…

Citizens Coalition for Change leader Nelson Chamisa would win Zimbabwe’s presidential elections if they were held tomorrow, a South African think-tank the Brenthurst Foundation says in a survey conducted on…

Gold coins, introduced in Zimbabwe in July 2022 as one of the measures to stabilise the local currency by easing demand on the United States dollar, had mopped out $20…

Outspoken independent legislator Temba Mliswa told Parliament last week that he is still ZANU-PF but is outside the party. He told Citizens Coalition for Change legislator Settlement Chikwinya: “May I…

Zimbabweans abroad sent home US$1.66 billion dollars in 2022, which was 16% more than they did in the previous year. According to the Reserve Bank of Zimbabwe, total international remittances…

Zimbabwe is not a horse to be ridden but it is a sovereign State which must benefit from its natural resources. This was said by President Emmerson Mnangagwa in his…

Zimbabwe has foreign currency bank balances of US$2 billion but the exchange rate is volatile because of people’s expectations. This was said by the Deputy Minister of Finance Clemence Chiduwa…

In his song Rat Race, Bob Marley cautions, “in the abundance of water, the fool is thirsty”. Before the turn of the millennium, gold was Zimbabwe’s lead export earner along…

The Private Voluntary Organisation (PVO) Amendment Bill, which was passed by Zimbabwe’s parliament on January 31,  is seen by critics as a drive against non-governmental organisations (NGOS) championing political rights,…