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ZiG collapse hits consumers hard
The ZiG has also been falling rapidly in recent weeks on the official market and last week it was pegged at 13.95.
NewsDay cartoon 14 September, 2024 edition
NewsDay cartoon 14 September, 2024 edition
By The Watcher
Sep. 14, 2024
Local currency crisis looms... as ZiG exchange premium skyrockets
This has sparked growing concerns that the local unit may face a similar fate.
By Mthandazo Nyoni
Sep. 13, 2024
Rolling blackouts cripple business
The cost of using alternative energy sources is nearly 50% higher than conventional electricity.
By Freeman Makopa
Sep. 13, 2024
Ceteris Paribus: ZSE’s bullish streak stumbles as VFEX faces currency volatility
The ZSE’s performance in August was primarily impacted by policy uncertainties.
By Tinashe Duma
Sep. 6, 2024
Editorial Comment: ZiG: Stop hiding heads in the sand
The shortage of the ZiG on the market must be addressed.
By The Standard
Sep. 1, 2024
RBZ scraps charges for transactions under US$10
In a Monetary Policy Review Statement, central bank governor John Mushayavanhu stated that the action was intended to encourage the shift to digital currency.
By Tafadzwa Mhlanga
Aug. 31, 2024
Muckraker: Of the ‘prostate’ currency and ZiG
The man single-handedly engineered the collapse of Zaire’s economy and ensured that the country’s infrastructure faded into the annals of history.
By Muckraker
Aug. 30, 2024
Ceteris Paribus: The rising inflation
The current situation, where ZiG prices rise in response to increasing US$ prices and US$ prices escalate to hedge against exchange losses, creates a precarious economic environment.
By Tinashe Duma
Aug. 30, 2024
