Stories

The Zimbabwe dollar today plunged by $85.27 to average $258.5404 against the United States dollar narrowing the gap with the interbank rate which only last week was more than $100…

Nearly 2 900 businesses benefitted from the Zimbabwe foreign currency auction in April with 749 large firms getting US$107.8 million while 2 142 small and medium enterprises got US$17.9 million.…

Zimbabwe’s foreign exchange auction has allotted US$3.1 billion since its inception in June 2020. The country now, however, has three exchange rates but the gap between them is too wide.…

President Emmerson Mnangagwa says Zimbabwe must industrialise its rural areas using agriculture as the base and has outlined seven steps to do so. Writing in his weekly column in the…

The Zimbabwe dollar today eased by $7.27 to average $173.2685 to the United States dollar more than a $100 less than the interbank rate of $277.02. On the parallel market…

Just as Zimbabwean businessmen like John Moxon and Zinona Koudounaris have seen their fortunes grow by millions of dollars in recent times, multimillionaire businessman Paddy Zhanda has seen his wealth…

Zimbabwe will issue a ministerial statement next Thursday on how to resolve the exchange rate problem, Deputy Minister of Finance Clemence Chiduwa told the Senate yesterday. He said people were…

Zimbabwe says it cannot run a country with a currency that is not its own, so the country is making sure that it moves from the use of the United…

One of the reasons why the Zimbabwe dollar is fast losing value is that Zimbabweans have lost all their savings before. They are therefore seeking and holding the United States…

Zimbabwe has told Britain to mind its own business after the House of Lords spent 55 minutes debating the recent by-elections in Zimbabwe. President Emmerson Mnangagwa’s spokesman, George Charamba, said…