Inflation surge exposes economic strain
This means prices of goods and services on average rose by 11,5% in USD in the month compared to the prior month outturn of just 0,6%.
By Equity Axis
Feb. 7, 2025
USD prices jump in January
Formal businesses are increasing the foreign currency prices for their goods and services to cover the losses they are making from the depreciation of the local currency.
By Blessed Ndlovu
Jan. 29, 2025
Gweru council owed ZiG440m by ratepayers
He, however, said collections in United States dollars had gone down during the same period although he did not provide figures.
By Stephen Chadenga
Dec. 13, 2024
Zim economy hits crisis point
She also noted that the fact that the Zimbabwe Revenue Authority (Zimra) charges VAT in forex adds another layer of complexity.
By Freeman Makopa
Oct. 11, 2024
When the music stops …
We can agree that there are currently places in Zimbabwe where the local currency is not willingly accepted and that will need to be corrected before the music stops.
By Rufaro Hozheri
Aug. 16, 2024
Zim’s pension funds struggle to disburse benefits
Pensioners themselves share responsibility if they do not keep their contact details current or neglect to follow claim procedures despite available information.
By Tatira Zwinoira
Jul. 21, 2024
US$ shortage cripples Byo road works
Coltart told Southern Eye in an interview that council is struggling to procure road maintenance materials due to funding constraints.
By Peter Dube
Jul. 12, 2024
Microfinance sector dumps local currency
According to national statistics, over 80% of transactions are now in foreign currency, with the dominant currency being the greenback, as the market has rejected the local currency.
By Melody Chikono
Jun. 12, 2024
Nedbank MD urges investors to drive ESG
The conference was held under a partnership between the Zimbabwe Independent, Zimbabwe Stock Exchange, and Securities and Exchange Commission of Zimbabwe.
By Melody Chikono and Blessed Ndlovu
Jun. 9, 2024
