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Zimbabwe forex auction allots US$44 million to more than 1 000 bids
Posted inStories

Zimbabwe forex auction allots US$44 million to more than 1 000 bids

The Zimbabwe dollar today remained stable against the United States dollar easing by only two cents as the foreign exchange auction allotted US$44.1 million to 1 009 bids. A further…
Posted by Charles Rukuni August 11, 2021
Active coronavirus cases in Zimbabwe continue to drop but deaths still high
Posted inStories

Active coronavirus cases in Zimbabwe continue to drop but deaths still high

Zimbabwe today had 405 new cases and 1 289 recoveries resulting in active cases dropping to 21 809 but it had 31 deaths up from 19 yesterday. Harare had the…
Posted by Charles Rukuni August 10, 2021
Does social media make Zimbabweans less tolerant towards those who hold different views?
Posted inStories

Does social media make Zimbabweans less tolerant towards those who hold different views?

Yes, 44% of Zimbabweans surveyed by Afrobarometer say social media makes people less tolerant towards those who hold different views from theirs. The survey was carried out in April but…
Posted by Charles Rukuni August 10, 2021
Zimbabwe records 526 new cases and 19 deaths but Mnangagwa extends lockdown because cases still high
Posted inStories

Zimbabwe records 526 new cases and 19 deaths but Mnangagwa extends lockdown because cases still high

Zimbabwe today recorded 526 new coronavirus cases and 19 deaths, which is quite a significant improvement over the last few weeks, but President Emmerson Mnangagwa extended the Level Four national…
Posted by Charles Rukuni August 9, 2021
South Africa unchanged since apartheid- richest 10% owns more than 85% of household wealth
Posted inStories

South Africa unchanged since apartheid- richest 10% owns more than 85% of household wealth

The social architecture formed during more than three centuries of white-minority rule has maintained South Africa’s position as the world’s most unequal society, according to World Inequality Lab, a research…
Posted by Charles Rukuni August 9, 2021
How the US$1.73 billion disbursed through the auction was used
Posted inStories

How the US$1.73 billion disbursed through the auction was used

Zimbabwe disbursed US$1.73 billion through the foreign currency auction system between June last year and July this year and 70% went to the productive sector. According to figure released by…
Posted by Charles Rukuni August 9, 2021
Consolidated list of 4 519 companies that received forex from the auction between June 2020 and July 2021
Posted inStories

Consolidated list of 4 519 companies that received forex from the auction between June 2020 and July 2021

A total of 4 519 companies and small businesses have so far benefitted from the Zimbabwe Foreign Currency Auction which was launched on 23 June last year. The auction now…
Posted by Charles Rukuni August 9, 2021
Active coronavirus cases continue to drop but Harare records 51 deaths
Posted inStories

Active coronavirus cases continue to drop but Harare records 51 deaths

Active coronavirus cases continued to drop as Zimbabwe recorded 437 new cases against 1 413 recoveries but there were 74 deaths, 51 of them in Harare. Thirteen of the deaths…
Posted by Charles Rukuni August 8, 2021
Why vaccination should be compulsory
Posted inStories

Why vaccination should be compulsory

I’m writing from Victoria, the Australian state that became, in 1970, the first jurisdiction in the world to make it compulsory to wear a seat belt in a car. The…
Posted by Charles Rukuni August 8, 2021
Auction now accounts for 35% of Zimbabwe forex payments
Posted inStories

Auction now accounts for 35% of Zimbabwe forex payments

Zimbabwe’s 13-month-old foreign currency auction system now accounts for 35% of foreign currency payments with 70% of the funds being allocated to the productive sectors. According to figures released by…
Posted by Charles Rukuni August 8, 2021

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Insider's Q&A
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