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Sanctions and survival: US-Zimbabwe interplay
The sanctions were imposed through various instruments, including the Zimbabwe Democracy and Economic Recovery Act (Zidera) enacted by the US Congress in 2001.
By Equity Axis
Mar. 15, 2024
Zim embraces GMO maize imports
Taking into account maize, traditional grains, and wheat, the strategic grain reserve amounts to 434 293 tonnes, excluding the 25 000-tonne donation from Russia to the President.
By Equity Axis
Mar. 28, 2024
Old wine in new bottles
The ZiG was launched on April 5, 2024, with the government claiming to back it with reserves amounting to a substantial sum of up to US$285 million.
By Equity Axis
May. 17, 2024
Revitalising Zim’s rail arteries: A US$533m China-backed overhaul
This downward trend has not only impacted the country's economic prospects but has also highlighted the urgency of revitalising the rail sector.
By Equity Axis
May. 31, 2024
Easing the national grid
Proplastics reported that it suffers energy costs of US$0,23/kw, compared to a regional average of US$0,10/kw.
By Equity Axis
Jun. 28, 2024
Carefully curated narrative: Not a willing-buyer willing-seller market
The Zimbabwe’s new gold-backed currency, ZiG, has not moved on the formal market since its introduction in April and this has resulted in wild cheers by an ignorant populace.
By Equity Axis
Aug. 2, 2024
A look into Zim’s energy plans
During the first quarter, the Zambezi River Authority (ZRA) maintained a 16 billion cubic metre water allocation to Zimbabwe Electricity
By Equity Axis
Aug. 9, 2024
Stock markets face currency quakes
Despite the decline in turnover, the total number of shares traded on the ZSE in August increased by 26%, from 93 602 700 in July to 118 159 000.
By Equity Axis
Sep. 20, 2024
Cash clash: Stability versus sovereignty
In this light, what then stands as a better devil for the economy between a full-blown dollarisation drive and sticking to a volatile series of local currencies?
By Equity Axis
Sep. 27, 2024
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
Inflation crisis deepens: IMF cuts growth outlook
Establishing a similar inflation-targeting policy or at least providing a transparent roadmap for interest rate adjustments
By Equity Axis
Nov. 1, 2024
Zim banks maintain cautious approach in troubled market
These affiliations have made them the preferred banks for exporters, importers, and large corporates, particularly due to their unmatched expertise in processing foreign exchange transactions.
By Equity Axis
Nov. 22, 2024
