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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

Sanctions and survival: US-Zimbabwe interplay

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

Revitalising Zim’s rail arteries: A US$533m China-backed overhaul

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

Carefully curated narrative: Not a willing-buyer willing-seller market

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