Afdis abandons local currency financial reporting
In a statement attached to its financial report for the year ended March 2023, Afdis board chairperson Matlhogonolo Valela revealed the changes in functional currency.
By Blessed Ndlovu
May. 15, 2024
Civil servants salary dispute spills to ILO
State workers are at loggerheads with their employer over salary which they argue is way below what they were earning in October 2018 in United States dollars.
By Priviledge Gumbodete
May. 15, 2024
Letter to my people: Neville Mutsvangwa’s arrest won’t save the ZiG
To those who think the arrest of Neville means that there are no more sacred cows in the crackdown on forex trading on the parallel market will be sadly mistaken.
By Doctor Stop It
May. 12, 2024
GhettoDances: An unexpected visit to the bar
The clean-up campaign by council was affecting small businesses which in most cases were not registered anyway.
By Onie Ndoro
May. 12, 2024
New ZiG currency on a free flow: Here is what we know
The ZiG is now Zimbabwe’s legal tender for all public and private debts and is part of a multi-currency basket that includes the US dollar (USD) and South African rand, among others.
By Zvikomborero Sibanda
May. 10, 2024
Mines minister’s job on the line over ZiG
The ZiG currency was adopted due to the massive depreciation of the Zimdollar that depreciated by over 700% last year, and more than 250% in the first quarter.
By Tatira Zwinoira
May. 6, 2024
Metbank eyes more forex loans to drive profitability
A monetary gain and fair value adjustment were the main drivers of profit after tax.
By Blessed Ndlovu
May. 1, 2024
Mushayavanhu’s last chance saloon
RBZ had three weeks to put its house in order and the failure to smoothly roll out the ZiG notes and coins will have disastrous consequences.
By Newsday
Apr. 30, 2024
Food prices rise as inflation swells
He said that there would be no month-on-month and year-on-year inflation rate using the ZiG this month, as it would be computed next month.
By Tafadzwa Mhlanga
Apr. 30, 2024