Offers at today’s auction ranged from $545 to $630 and a total of US$14.1 million was disbursed to 288 small businesses and 99 large firms.
Inflation is supposed to start declining from next month and this could see prices stabilising.
Even the business sector is now accepting that measures introduced by the government, which include gold coins, high of interest rates and as well as value for money audits before government pays any suppliers, are beginning to pay off.
(127 VIEWS)
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…
The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the…
