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Cut public sector wages, World Bank tells govt

Such leakages have led to the ballooning of the wage bill, with government using this as an excuse not to pay well its lowest-paid workers.
By Tafadzwa Mhlanga Feb. 4, 2025

Companies lobby for finance facility rate cut

Industry leaders argue that the 35% policy rate and stringent statutory reserve requirements have made borrowing costly, stifling business operations. 
By Freeman Makopa Jan. 31, 2025

Government deliberately burying formal market

To summarise this, the competitive landscape in Zimbabwe has significantly shifted over the last 15 years and there is no longer an adherence to rules by the book.
By Equity Axis Jan. 24, 2025

Address liquidity crisis, Mr Governor

Consequently, businesses are struggling to meet financial obligations and maintain operational efficiency.
By The Zimbabwe Independent Jan. 24, 2025

Budget expenditure overshoots

The budgeted expenditure of ZiG322,64 billion represents a sharp increase from the ZiG96,88 billion allocated for the 2024 fiscal year.
By Tatira Zwinoira Jan. 24, 2025

Mukuru launches mobile wallet in Zim to bolster financial inclusion

He said Mukuru is using the wallet to tap into its strength which lies in its robust network and technology.
By Melody Chikono Jan. 14, 2025

Come back to your senses in 2025

The biggest of them all was the ditching of the RTGS currency, which  was replaced by the Zimbabwe Gold (ZiG) in April, touted as the panacea to the currency crisis and inflation.
By Newsday Dec. 31, 2024

Inflation recedes Zim's economy

Furthermore, since its launch, the Zig has had difficulty strengthening versus the USD. According to the RBZ, at the start of September, the Zig was trading at 13.79 to the USD
By Rudo Yvonne Dodzo Dec. 22, 2024

‘Banks in robust position as greenback deposits firm’

He said the banking sector should come up with instruments to deepen the financial markets, thereby providing more liquidity.
By Mthandazo Nyoni Dec. 13, 2024