Broke govt cuts spending amid tight fiscal space
In a circular dated November 13, 2024, obtained by NewsDay, Finance, Economic Development and Investment Promotion ministry secretary George Guvamatanga painted a gloomy picture.
By Melody Chikono
Nov. 18, 2024
2030 saga: Chickens are coming home to roost
The devaluation, incredibly described as a “one off” by John the Second, has already resulted in the erosion of incomes of the country’s citizens using the ZiG.
By Doctor Stop It
Nov. 17, 2024
Think-tank sees ‘disillusionment, unrest’ as Zim falters on currency
The country’s sound money rating, on a scale of 1 to 10, was barely above 1 between 2000 to 2021.
By Tatira Zwinoira and Ashton Ndakusiya
Nov. 15, 2024
Millionaire fishes out weak points in campaign for ZiG
It should not be something that is forced on the people.
By Freeman Makopa
Nov. 15, 2024
ZB PAT rises 315% in 9 months ended September
The idea is that by controlling money supply, the ZiG will manage to hold its value.
By Lee Musaidzi
Nov. 15, 2024
Delta battles Zimra over US54.7 million debt
The Ministry of Finance, Economic Development, and Investment Promotion has been forcing companies to pay taxes based on their earnings in local versus foreign currency.
By Tatira Zwinoira
Nov. 10, 2024
ZiG recovery fails to boost confidence
Between September and October, the ZWG (ZiG’s international currency code) experienced rapid depreciation against the greenback.
By Lee Musaidzi and Tinashe Kairiza
Nov. 8, 2024
CBZ asset base rises 71% in Q3
The increase in its asset base is from ZiG17,58 billion, recorded as of the end of June.
By Tatira Zwinoira
Nov. 8, 2024
Market confidence in ZiG low: IH Securities
The ZiG’s stability is premised on controlling money supply and fiscal expenditures as well as ensuring enough foreign currency reserves to back it.
By Gamuchirai Nyamuziwa
Nov. 4, 2024
