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ZIMBABWE’S economy has effectively re-dollarised as weekly foreign exchange allotments from the official system continue declining against the backdrop of rising imports, a leading economist has...
STOCK broking firm Morgan & Co says Zimbabwe’s gross domestic product (GDP) will grow by 3.2% this year, slightly below the 4.6% projected by the government,...
WHILE Zimbabwean authorities recently released gold coins to encourage individuals, corporates and institutional investors to buy them as a store of value and hedge against exchange...
LILIOSA Chivende sits uncomfortably on an empty 20-litre bucket while carrying one of her two toddlers on her back, tightly wrapped to protect her against the...
AFRICAN Distillers says revenue for the first quarter ending June was up 57% despite the weakening of the Zimbabwe dollar as social and recreational activities increased...
GROWING pressure from a restive public service, a weakening domestic currency and rising inflation forced Zimbabwe’s Finance minister to announce a ZW$929 billion supplementary budget ahead...
GOVERNMENT’S plans to introduce gold coins as an asset class which hedges investors from inflationary pressure could create arbitrage opportunities as well as trigger massive withdrawal...
THE Reserve Bank of Zimbabwe (RBZ) has, through the introduction of gold coins, has effectively dumped local currency and dragged the country’s monetary system back to...
THE relentless depreciation of the Zimbabwe dollar at a time some regional currencies have been firming against the United States dollar has highlighted the country’s toxic...
PRESIDENT Emmerson Mnangagwa’s government is faced with a crippling job action from its restive civil servants with public sector labour unions saying tge authorities have ignored...
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