Currency crisis piles more misery on fragile economy
So, the price also in USD has doubled in the shops, because shops are forced to use the official rate. Again, USD inflation is increasing at a faster rate.”
By Ashton Ndakusiya
1h ago
RBZ pumps US$64m to shore up ZiG
Mushayavanhu said foreign currency receipts had increased by 13,4% from January to August 2024, compared to the same period in 2023.
By Business Reporter
4h ago
Women excluded from financial services, says RBZ
The survey, found out that while women make up 52% of the population, they are underrepresented in the formal financial sector.
By Tafadzwa Mhlanga
Sep. 15, 2024
Gono scammers trial commences
The complainant is Galwex Investments (Pvt) Ltd represented by George Mashonganyika as the special projects executive.
By Rejoice Phiri
Sep. 14, 2024
National strategies must promote equitable, inclusive financial access
This progress is a testament to the effectiveness of NFIS1 and provides a promising outlook for the future of financial inclusion in Zimbabwe.
By Zvikomborero Sibanda
Sep. 13, 2024
Wary banks keep NPLs in check
These measures are aimed at ensuring long-term stability and fostering a healthier financial environment within the sector.
By Freeman Makopa
Sep. 13, 2024
Prices gallop as ZiG loses grip
The ZWG shortage has also forced the general public to resort to the US dollar as a store of value and paying for goods and services in the foreign currency.
By Praise Nyamadzawo and Takudzwanashe Mangongera
Sep. 11, 2024
‘Revival of liquidity committee compromises RBZ autonomy’
RBZ governor John Mushayavanhu defended the move, stating that re-establishing the LMC was a key step in enabling authorities to implement
By Ashton Ndakusiya
Sep. 6, 2024
ZiG must not be a part-time currency
President Emmerson Mnangagwa in July indicated that the mono currency regime could be coming sooner than the end of the multi-currency regime in 2030.
By Newsday
Sep. 2, 2024