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
RBZ ups transfer limits as battered ZiG loses steam
The central bank devalued the ZiG to 1:23,4 against the greenback up from 1:14.
By Staff Reporter
Nov. 2, 2024
Inflation crisis deepens: IMF cuts growth outlook
Establishing a similar inflation-targeting policy or at least providing a transparent roadmap for interest rate adjustments
By Equity Axis
Nov. 1, 2024
Weak currency key to economic growth: Mthuli
Ncube blamed climate change for stagnating economic growth for this year and not the ZiG.
By Priveledge Gumbodete
Oct. 31, 2024
Inflation: A long way out of danger
In his mid-term monetary policy review statement, RBZ governor John Mushayavanhu projected a ZiG month-on-month inflation of below 1% by the end of the year.
By Newsday
Oct. 31, 2024
The ZiG is a backed, not baked currency
Prices of precious metals and values of currencies do not always move in tandem.
By Prosper Munyedza
Oct. 31, 2024
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Second Murambatsvina looms as Harare plans massive demolitions of illegal settlements
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By Sharon Buwerimwe and Chantay Ruswa
Nov. 10, 2024
