USD pricing remains elevated
Meanwhile, the ZiG month-on-month inflation rate was -0,1% in March, shedding -0,6 percentage points on the February rate of 0,5%.
By Tatira Zwinoira
Mar. 28, 2025
Axia profit down 12% on ZiG devaluation
The ZiG was in September last year devalued by 44% which saw Axia suffering huge losses.
By Tatira Zwinoira
Mar. 24, 2025
Ipec decries paltry pension contributions
Some pensioners are receiving as little as US$60 pension payouts despite the cost of living being estimated at least US$500 a month.
By Tafadzwa Mhlanga
Mar. 23, 2025
Premium
Brace for ZiG use in toto: Govt
Upon introduction last April, the ZiG was pegged at 13,50 to the US$1.
By Harriet Chikandiwa
Mar. 21, 2025
Councils achieve record Zinara funds uptake
According to the road administration, 63 out of 94 road authorities accessed their full allocations, a sharp increase from just over 20 authorities in 2023.
By Business Reporter
Mar. 20, 2025
Premium
ZiG is hyperinflationary: Old Mutual
The ZiG was introduced on April 5, 2024 to replace the Zimbabwe dollar, which had taken a battering against the United States dollar.
By Tatira Zwinoira
Mar. 19, 2025
‘De-dollarisation an endless cycle of failed policy moves’
Binha argued that the government’s de-dollarisation strategy was exacerbating these problems, rather than addressing them.
By Tafadzwa Mhlanga
Mar. 14, 2025
DPC eyes high-yielding asset classes in diversification drive
Established under the Deposit Protection Corporation Act, DPC serves as a safety net for depositors, compensating them in the event of a financial institution’s insolvency.
By Blessed Ndlovu
Mar. 14, 2025
Tobacco farmers bemoan ZiG payouts, as TIMB records reduced deliveries
Tobacco farmers were among the groups that decried the measure as it would mean less foreign currency for them to buy inputs for their crop.
By Blessed Ndlovu
Mar. 14, 2025