What firms need to sustain
By the close of 2023, the currency crisis had deepened, with the parallel exchange rate of US$/ZWL reaching 10 500, while the auction rate lagged behind at a 72% discount.
By Kudakwashe Taimo
Jan. 17, 2025
Tshabangu & Co Precabe jaunt is proof opposition is dead
Anything else is a mere waste of time and money.
By Doctor Stop It
Jan. 12, 2025
Come back to your senses in 2025
The biggest of them all was the ditching of the RTGS currency, which was replaced by the Zimbabwe Gold (ZiG) in April, touted as the panacea to the currency crisis and inflation.
By Newsday
Dec. 31, 2024
Christmas: A time for sharing, giving
There is no doubt the outlook will be bleak as the formal sector chokes affecting revenue inflows into government coffers in the form of taxes.
By Newsday
Dec. 24, 2024
Learn from 2024 exchange rate mistakes: Experts
However, by September, the domestic currency experienced a double-digit depreciation in its value.
By Tafadzwa Mhlanga
Dec. 24, 2024
Trabablas interchange will be a symbol of epic failure, cronyism
The Scarfmore regime last week held their last cabinet meeting in which delusion was in no short supply.
By Doctor Stop It
Dec. 22, 2024
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
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
Negative impact of illicit financial flows (III)
When companies under-declare their profits due to IFFs, the government will collect much less revenues than it would have collected, if the companies had chosen to be honest.
By Kevin Tutani
Dec. 13, 2024