Dollar - The Southern Eye

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NEWS & CURRENT AFFAIRS

Topic : Dollar

Markets slam ‘extortionist’ ethanol pricing

While the move was intended to promote the use of locally-produced ethanol, its pricing has sparked widespread criticism.

By Blessed Ndlovu Feb. 28, 2025

Markets slam ‘extortionist’ ethanol pricing

Zim debt unsustainably high- IMF

The IMF mission found that fiscal pressures intensified in 2024, mainly due to the transfer of the Reserve Bank of Zimbabwe's quasi-fiscal operations to the Treasury.

By Tafadzwa Mhlanga Feb. 14, 2025

It’s the confidence in the ZiG, stupid!

Zimbabwe’s sixth attempt to introduce a currency that would hold its value against other currencies had gone up in smoke.

By Newsday Feb. 8, 2025

Inflation surge exposes economic strain

This means prices of goods and services on average rose by 11,5% in USD in the month compared to the prior month outturn of just 0,6%.

By Equity Axis Feb. 7, 2025

USD prices jump in January

Formal businesses are increasing the foreign currency prices for their goods and services to cover the losses they are making from the depreciation of the local currency.

By Blessed Ndlovu Jan. 29, 2025

Zimbabwe’s narrative: A view from the outside!

The US Democrats promised black women that if they “put out” their men from their matrimonial homes, they will receive full housing and financial assistance.

By Kenneth Mufuka Dec. 22, 2024

Zimbabwe’s narrative: A view from the outside!

Liquidity crunch vexes battered Zim

By the end of March, the Zimdollar had plummeted to US$1:ZW$22 055,47, down from US$1:ZW$6 104,72 at the end of 2023.

By Tatira Zwinoira 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

2024 year of turmoil, monetary chaos

The weakening ZiG has also raised the cost of doing business in terms of increases in taxes, fees, and regulatory costs, as well as production and servicing expenses.

By Tafadzwa Mhlanga Dec. 20, 2024