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INDEPENDENT audit firms have raised the red flag on some Zimbabwe Stock Exchange-listed companies which failed to comply with international financial reporting standards as the currency...
ALEX MAGAISA ON 7 May 2022, President Emmerson Mnangagwa issued an economic declaration that must surely claim a place among the most absurd economic policy initiatives...
THE move by the government to ban banks from lending will result in the sprouting of unregulated lending, a situation that will damage public financial health...
THE Zimbabwe dollar’s massive depreciation on the parallel market has pushed the percentage difference between the official and parallel market exchange rates to over 120%, exceeding...
EXASPERATED over destabilising currency and exchange rate volatility and resurgent skyhigh inflation, which have seen prices scale the stratosphere, while stoking social unrest, government is cracking...
ZIMBABWEAN companies are now operating on a “strictly cash” or “payment upfront” basis in the aftermath of a catastrophic decree by President Emmerson Mnangagwa barring banks...
ZIMBABWE is likely to miss its inflation target due to currency volatility and other macro-economic factors, the Confederation of Zimbabwe Industries (CZI) has said. Zimbabwe is...
Zimbabwe Stock Exchange-listed mineral resources group RioZim has cried foul over the government’s decision to cut the foreign currency retention threshold for miners, warning this would...
INDUSTRY’S apex body, the Confederation of Zimbabwe Industries (CZI), has warned of stunted economic growth prospects for 2022 due to poor management of inflation and currency...
THE Reserve Bank of Zimbabwe (RBZ) says the value of transactions processed through the national payment systems hit the ZW$7.8 trillion mark last year, rising by...
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