Gold’s broken promise — When reserves fail to anchor currency
This is particularly more important in the case of Zimbabwe because gold reserves were the basis against, which the local currency was valued.
By Equity Axis
22h ago
Roadmap for firms, investors
The ZSE ended last year with a market capitalisation of US$1,67 billion, which declined further to US$1,48 billion in January 2025 and currently stands at US$1,45 billion.
By Kudakwashe Taimo
22h ago
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We seek to ensure there’s stable financial sector: Mushayavanhu
The success of this strategy will build central bank credibility and trust, thereby increasing confidence in the local currency and reducing dollarisation.
By Freeman Makopa
22h ago
Mushayavanhu looks to current account surplus to liquify market
The rise will be supported by several new RBZ measures.
By Nizbert Moyo
Feb. 21, 2025
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Increased card limit to fuel digital transformation: BAZ
The move was among a raft of measures introduced by the central bank to reduce reliance on cash transactions at a time when its circulation is low in the formal sector.
By Lee Musaidzi
Feb. 19, 2025
Zim debt unsustainably high- IMF
The IMF mission found that fiscal pressures intensified in 2024, mainly due to the transfer of the Reserve Bank of Zimbabwe's quasi-fiscal operations to the Treasury.
By Tafadzwa Mhlanga
Feb. 14, 2025
Tobacco sector struggles to stay afloat
Tsarwe noted that another critical issue facing tobacco growers was the challenge of receiving timely payments for their sales.
By Lee Musaidzi
Feb. 14, 2025
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Zim exports electricity to settle Chinese debts
A withdrawal of support from these banks could plunge Zimbabwe into deeper crisis, with prolonged blackouts worsening an already dire economic situation.
By Shame Makoshori
Feb. 14, 2025
2025 MPS missed the mark: Farmers
ZFU revealed that it had consultations with the RBZ prior to the release of the MPS, during which the farmers raised several concerns that the bank ignored.
By Ashton Ndakusiya
Feb. 13, 2025
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New movement vows to stop Mnangagwa third term bid, throws weight behind Chiwenga
News
Feb. 16, 2025