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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...
HERE is an extract from the Monetary Policy Statement: “Pursuant to Government’s announcement in November 2021 on the country’s preference to introduce the central bank digital...
THE future of the Zimbabwe dollar, rapidly losing ground to the greenback currently, is bleak, unless the government starts preferring it for the payment of all...
TREASURY has undertaken to pay a US$400 000 dividend in compensation to pensioners who lost value after the government embarked on currency reforms which came after...
GOVERNMENT should return to a multi-currency regime to restore public confidence in a market rocked by instability which has plunged the Zimbabwe dollar into a death...
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