Food inflation rose by 25.9% .
The measures include ordering all government departments and parastatals to collect fees in local currency.
The weekly foreign currency auction is now limited to a maximum of US$5 million and with effect from 1 June, winning bids will be paid within 24 hours.
Below are the measures announced by Finance Minister Mthuli Ncube today:
(346 VIEWS)
This post was last modified on May 29, 2023 9:24 pm
The role of social media on how people get their news in Zimbabwe is being…
Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…
The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…
Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…
The United States lost its place as the most influential global power in Africa last…
The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…
View Comments