Zimbabwe faces liquidity crisis as US halts foreign aid
In Zimbabwe, banks heavily rely on foreign currency for transactions, trade financing and maintaining reserves.
By Linda Mujuru
Feb. 21, 2025
Balancing stability, the digital transformation, tax expansion
At the heart of this policy is a commitment to fostering price and currency stability while ensuring a sustainable financial sector.
By Equity Axis
Feb. 14, 2025
Zim’s top counters undervalued...offering attractive buying opportunities
To counter these pressures, the organisation stressed the need for complementary measures to support the formalisation of the economy.
By Mthandazo Nyoni
Feb. 14, 2025
Biting the hand that feeds you
The ZiG has lost about half of its value since April last year which may have jolted monetary authorities into action to build sufficient reserves.
By Newsday
Feb. 11, 2025
It’s the confidence in the ZiG, stupid!
Zimbabwe’s sixth attempt to introduce a currency that would hold its value against other currencies had gone up in smoke.
By Newsday
Feb. 8, 2025
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Tobacco farmers fret over slashed retention fee
Zimbabwe Progressive Tobacco Farmers Association president Mutandwa Mutasa said it is unfortunate that farmers are being taken for granted.
By Nhau Mangirazi
Feb. 8, 2025
Industry pleads for govt intervention as more companies shut down
The plea comes as Zimbabwe’s retail sector continues to face significant challenges such as high inflation, foreign currency shortages and increasing competition from informal traders.
By Ophar Mavuri
Feb. 8, 2025
HDC bemoans RBZ 5% decrease in export retention
HDC’s concerns come as they are targeting exports of US$1,32 billion for the year from increasing the area under horticulture from 36 600 hectares (ha) to 55 300ha.
By Business Reporter
Feb. 7, 2025
RBZ slashes forex retention further
In his 2025 Monetary Policy Statement (MPS), RBZ governor John Mushayavanhu reduced the foreign currency retention level from 75% to 70%, with immediate effect.
By Tatira Zwinoira and Blessed Ndlovu
Feb. 7, 2025
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Union demands transparency in Zesa’s US$350m power deal
Local News
By Julia Ndlela
Feb. 21, 2025
