Zimdollar in spectacular crash
Zimbabwe's economy is struggling to emerge from decades of decline and bouts of financial chaos that charactersised the latter half of the late former leader, Robert Mugabe’s reign.
By Tatira Zwinoira
16h ago
Editor’s Memo: Priced to death! Medical care skyrockets
Prices of medical drugs and health care continue to increase at an astronomical rate. This has pushed basic medical care beyond the reach of most ordinary Zimbabweans.
By Faith Zaba
May. 26, 2023
Zimdollar collapse a harbinger of worse things to come
On the parallel market, the Zimbabwe dollar depreciated almost similarly by 33% to $4 000, against the greenback, in the same timeframe.
By Newsday
May. 26, 2023
GetBucks net loss widens by 193,26%
The micro-lender advised its shareholders that it was in the process of negotiating transactions as part of its capital raising initiative.
By Tatira Zwinoira
May. 22, 2023
Ceteris Paribus: ZSE best performing bourse in Africa: A myth?
The ZSE recorded the highest stock market annual returns in the world in 2020 and 2021 respectively, due to more money supply that came as a result of more government expenditure.
By Tinashe Duma
May. 12, 2023
Nurses bemoan ‘slave wages‘
Using the black market rate of about US$1: $2 700, this means the nurses may be earning less than US$20.
By Harriet Chikandiwa
May. 12, 2023
Why is govt avoiding sorting out the currency mess?
The sad thing about this whole situation is that government does not or will not accept its failure considering elections are around the corner.
By Newsday
May. 4, 2023
Govt appears stumped by latest Zimdollar slide
Specifically, he reassured guests that the skyrocketing prices of goods and services happening in the market reflected the store of value demand for foreign currency.
By Newsday
Apr. 28, 2023
POSB launches new prepaid, debit cards
The MasterCard debit card will be used by POSB account holders to transact in United States dollars on the international or local front, as well as in Zimbabwe dollars.
By Rugare Mubika
Mar. 24, 2023