Confederation - The Southern Eye

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NEWS & CURRENT AFFAIRS

Topic : Confederation

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‘Liberalise exchange rate’ calls grow ahead of 2025 MPS

The CZR urged the central bank to introduce policies that strengthen confidence in the ZiG as the currency’s volatility continues to wipe out business and consumer earnings.

By Ashton Ndakusiya Feb. 6, 2025

‘Liberalise exchange rate’ calls grow ahead of 2025 MPS

Retailers wail over illicit goods

Consumers are turning to illicit goods for affordability, as goods in the formal establishments are increasingly becoming expensive in United States dollar and in local currency.

By Lee Musaidzi Jan. 29, 2025

Ditch dual-currency system, says Emcoz

The local currency was reintroduced in February 2019, but the mono-currency system failed in 2020, prompting the government to revive the multi-currency regime.

By Blessed Ndlovu Jan. 10, 2025

Increasing labour rights violations jolt ZCTU

An increasing number of companies are struggling to remain afloat due to a tanking economy and this has made it difficult for many employers to pay their workers on time.

By Blessed Ndlovu Jan. 5, 2025

Increasing labour rights violations jolt ZCTU

Trust issues hamper labour talks

Chitagu encouraged stakeholders to offer help and support to rebuild trust.

By Blessed Ndlovu Dec. 20, 2024

Xmas hopes dim, currency relapses

When the government retired the Zimbabwe dollar and introduced the Zimbabwe Gold (ZiG) currency in April, it brought a glimmer of hope.

By Tafadzwa Mhlanga Dec. 20, 2024

Regulatory costs chokes industry, hinders competitiveness: CZI

He bemoaned the pressure being exerted on the formal sector due to smuggled and counterfeit products that are dominating the market.

By Tafadzwa Mhlanga Dec. 12, 2024

Regulatory costs chokes industry, hinders competitiveness: CZI

Incentivise informal sector: CZI

The informal sector is now estimated to make up between 60% and 70% of the economy, generating annual revenue of US$14,2 billion, according to the central bank.

By Tafadzwa Mhlanga Dec. 10, 2024

Ncube’s budget must target the vulnerable

Zimbabwe’s currency woes that started over two decades ago continue unabated — in April this year the government scrapped the RTGs dollar after it was battered by inflation.

By The Standard Nov. 24, 2024