Ray Ndlovu
Follow Ray Ndlovu on:
Traders see pain in Zimbabwe’s 28% stock surge and shaky ZiG
The ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 per dollar on the parallel market and 13.98 officially.
By Ray Ndlovu
Sep. 22, 2024
Gloomy anniversary : US dollar suffocates the ZiG
The ZiG is being used to settle mostly minor transactions including utility and tax payments and a portion of civil servant wages.
By Ray Ndlovu
Apr. 6, 2025
Zimbabweans rush into property as haven against volatile economy
Its stance has led to a liquidity crunch that’s impacted the bourse and forced local investors to look elsewhere.
By Ray Ndlovu
May. 11, 2025
Industries rebel against prohibitive policy rate... as big lenders adopt a precautionary stance
Local News
23h ago
Zanu PF chef loses fortune in toned down water deal
Local News
By Tinashe Kairiza and Julia Ndlela
23h ago
Premium
Explosive illicit financial flows scandal: SA firm pushes back
Local News
By Tinashe Kairiza and Julia Ndlela
May. 16, 2025
Brutal lending regime torches industry, as economists warn of deepening crisis
Local News
May. 16, 2025
