Govt sleeping at the wheel
The administration has allowed the statutory instrument that introduced the Zimbabwe Gold (ZiG) to lapse before it could enact primary legislation to make the local currency a legal tender.
By Newsday
20h ago
Choppies mulls Zim exit
The stress is caused by instability of the Zimbabwe Gold (ZiG) currency that was introduced in April to replace the Zimbabwe dollar as the official domestic currency.
By Tatira Zwinoira
20h ago
Currency devaluation sparks economic fears
Suffice to say most modern economies maintain gold and physical forex reserves to anchor currency value when the market fluctuates.
By Equity Axis
Oct. 25, 2024
Potraz approves ZiG tariff review for telcos amid currency devaluation
In a notice to customers, Econet and NetOne separately published the revised charges for voice, data and SMS services.
By Richard Farekaye
Oct. 22, 2024
Pensioners clamour for recognition as US$2bn pensions sector stutters
Over the years, pension values have been eroded through currency changes.
By Melody Chikono
Oct. 21, 2024
Good money defends itself
But the legislators maintained: Explain the disequilibrium of having a gold-backed currency devalued by 44% when the price of gold per ounce has phenomenally risen.
By Newsday
Oct. 19, 2024
ZSE in tailspin after ZiG devaluation
The ZSE’s market capitalisation dropped to US$1,89 billion yesterday, from US$2,99 billion on September 27, the day that ZiG was devalued.
By Mthandazo Nyoni
Oct. 11, 2024
Letter to my people: Of Mnangagwa’s empty Sona and ZiG delusions
Given how the funny money has depreciated so rapidly, it is hard to believe that it is backed by anything, but hot air.
By Doctor Stop It
Oct. 6, 2024
Back in the soup
I was a Member of Parliament for the MDC and sat on the front benches opposite Hon Patrick Chinamasa, the then Finance minister
By Eddie Cross
Oct. 1, 2024