Consumer markets in turmoil, stocks battered as ZiG settles… now, retailers warn delayed notes increasing US dollar addiction
ZSE’s All Share Index has plummeted by 99,95% since April 5, when the gold-backed currency was announced.
By Julia Ndlela
Apr. 26, 2024
Price of mealie-meal has dropped, says CCZ
Prices of mealie-meal shot through the roof in the past few weeks as retailers and suppliers sought to capitalise on the drought-induced shortages in the country.
By Brent Shamu
Apr. 3, 2024
Maize, mealie meal prices skyrocket
There are no indications when the Public Service, Labour and Social Welfare ministry will undertake food aid relief programmes as the budget has not been announced.
By Miriam Mangwaya
Mar. 31, 2024
‘Zim inflation rate at 747%’
It is the reason why most of the country’s leading corporations have been relying on internally generated inflation data to make decisions.
By Shame Makoshori and Julia Ndlela
Feb. 16, 2024
Interview: Zim consumers on edge as Zimdollar drubbing worsens...Price of cabbage leads big shakers at 98% rise as demand shoots
New taxes announced in the 2024 National Budget proposals have since been reviewed downwards.
By Tafadzwa Mhlanga
Feb. 9, 2024
Ordinary citizens under siege from new taxes
Compared to January 2023, the cost of living has surged by about 595%, primarily driven by the devaluation of the local currency.
By Tafadzwa Mhlanga
Feb. 9, 2024
Economy edges towards full dollarisation
The Zimdollar has been depreciating sharply against major currencies on low confidence. The depreciation has pushed up the prices of basic commodities.
By Priveledge Gumbodete and Harriet Chikandiwa
Feb. 9, 2024
Editorial comment: Economic wheels coming off
The civil servants have already indicated that they want the least paid to get US$800 monthly. Government will obviously say it has no resources.
By Newsday
Feb. 8, 2024
Family basket doubles to ZWL$6,2m
The development comes at a time when most retailers have pegged prices in United States dollars with some demanding payment for some goods exclusively in foreign currency.
By Mirriam Mangwaya
Feb. 7, 2024