Zimdollar in spectacular freefall
Zimbabwe suffered the highest levels of hyperinflation ever recorded for a nation in peacetime in 2007 and 2008.
By Mthandazo Nyoni
Jan. 27, 2023
Zimdollar further depreciates against US$
Following last week’s auction, the Zimdollar was trading at $705 to the US dollar.
By Tatenda Manyinyire
Jan. 19, 2023
Industries thrown off balance as inflationary pressures mount
The Confederation of Zimbabwe Industries (CZI) said it was concerned about the sudden surge in month-on-month inflation at the end of 2022, even after a slowdown in the annual rate.
By Tatira Zwinoira
Jan. 18, 2023
The grinch stole Christmas, and the worst is yet to come
It has been, indeed, a very difficult year coming out of the COVID-19-induced lockdowns that ground their hustle.
By Newsday
Dec. 27, 2022
The peculiar case of Zimbabwe as an investment destination
The last time we visited Zimbabwe was in 2019 and the local Zimbabwe dollar had just been introduced (or reintroduced) following the dollarisation period.
By Cavan Osborne
Dec. 23, 2022
No new jobs for Zim’s unemployed
This was confirmed by Fitch in its recent consumer outlook of Zimbabwe.
By Tatira Zwinoira
Dec. 19, 2022
Volatility vortex wipes Truworths volumes…retail giant suspends Zimdollar credit
In a trading update for the quarter ended October 9, 2022, Truworths said the suspension of Zimbabwe dollar credit hammered volumes.
By Kudzai Kuwaza
Dec. 15, 2022
Widening premium gap reflects market instability
The parallel market gap has widened to 36% in the latest session from a low of 15% in October.
By Respect Gwenzi
Dec. 9, 2022
Even a 5-year-old sees failure
Indeed, what could be normal when one had to part with a billion Zimbabwe dollars to buy a loaf of bread
By Tendai Ruben Mbofana
Dec. 9, 2022
