Mthuli Ncube sticks to his guns on the ZiG
Zimbabwean companies are struggling to remain afloat due to a skewed exchange rate, escalating operational costs and soaring inflation.
By Tafadzwa Mhlanga
Jan. 19, 2025
Is there trouble in paradise: Case of OK Zim?
In 2023, OK Zimbabwe highlighted how the volatile financial environment, exchange rate fluctuations, and electricity shortages had a corrosive effect on its revenues and operations.
By Blessing Nyatanga
Jan. 17, 2025
Morgan & Co predicts turbulent Zim economy for 2025
The firm said this would negatively influence Zimbabwe’s balance of payments, inflation rates and exchange rates.
By Tafadzwa Mhlanga
Jan. 17, 2025
Zim’s retail sector: Currency reforms, informal markets and economic mismanagement
Pricing goods in both Zimbabwe Gold (ZiG) currency and the US dollar creates logistical complexities, while fluctuations in exchange rates erode profit margins.
By Brighton Musonza
Jan. 16, 2025
Heavy rains leave trail of destruction in Bulawayo
In an interview, Bulawayo City Council acting chief fire officer Mahlangano Moyo said roofing sheets worth approximately ZiG300 000 (about US$10 300 at interbank rate) were destroyed.
By Margaret Lubinda
Jan. 16, 2025
Economy heads for a bloodbath: Biti
The Zig was introduced in April last year in Zimbabwe’s sixth attempt to establish a stable currency in over a decade.
By Ashton Ndakusiya
Jan. 14, 2025
Monetary stability key to economic growth: FBC Securities
The firm said post-election disturbances in Mozambique have also created fresh supply-chain difficulties likely to impact the year.
By Melody Chikono
Jan. 10, 2025
Govt reads riot act to school heads
Ncube said approximately 4,5 million primary and secondary learners in the country or 30% are under Beam.
By Nhau Mangirazi
Jan. 4, 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
