Posts by Charles Rukuni

Tight monetary policy may have slowed inflation, but it has weakened consumer demand, according to Zimbabwe’s largest food manufacturer. Central bank has maintained interest rates at 200% and kept a…

A Zimbabwean citizen has called for the enactment of a law that will allow non-performing Members of Parliament and councillors to be recalled. At the moment, MPs and councillors can…

The Zimbabwe dollar today eased by $2.12 to average $634.2539 to the United States dollar.  Black market prices remained unchanged, ranging from $700 to $820. Offers at the auction ranged…

Water levels at Kariba dam are plunging toward record lows, threatening hydroelectricity production for Zambia and Zimbabwe. The dam currently has 10.9% of usable storage, compared with 34.1% a year…

Britain on Friday asked for reform in Zimbabwe ahead of next year’s elections which will be held in July or August warning that the world was watching. Several peers asked…

ZANU-PF’s congress ended Saturday with customary singing and dancing, but the party knows it has little time for fanfare as it shifts into campaign gear for 2023. The ruling party’s…

A fight between Canadian and Chinese investors to control a lithium project in Zimbabwe, potentially holding lithium worth US$1.4 billion, shows the need for clearer mine claims regulation in a…

Zimbabwe is close to paying off the US$100 million that it owes international airlines, a debt that had threatened air travel into the country. The country has now paid 90%…

Zimbabwe’s annual inflation dropped for the second consecutive month, this time from 280.4% in September to 268.8% this month. Month-on-month inflation, however, dropped only marginally from 3.5% to 3.2%. Though…

The Zimbabwe dollar today shed $2.62 to average $632.1371 to the United States but rates on the parallel market remained unchanged ranging from $700 to $820. A total of US$10.6…