Dual economy Zim’s Achilles heel
Last month the Reserve Bank of Zimbabwe (RBZ) chose to introduce gold coins to help it mop up excess liquidity and tackle the inflationary surge.
Dual economy Zim’s Achilles heel
Last month the Reserve Bank of Zimbabwe (RBZ) chose to introduce gold coins to help it mop up excess liquidity and tackle the inflationary surge.
Inflation spike: Why interest rates aren’t the answer
BY JONATHAN MUNEMO The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries around the world, including Zimbabwe. Zimbabwe’s Finance minister Mthuli Ncube’s thinking is that aggressive tightening of […]
Inflation spike: Why interest rates aren’t the answer
BY JONATHAN MUNEMO The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries around the world, including Zimbabwe. Zimbabwe’s Finance minister Mthuli Ncube’s thinking is that aggressive tightening of […]
ChiTown police block Press conference
The Press conference set for Chitungwiza Community Development Network (CCDN) offices at Socialite Complex in Makoni was meant to highlight service delivery issues in the town.
