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UZ bosses in allowance storm

Departmental chairpersons and faculty deans received US$1 000 and US$1 400 respectively, a source privy to the matter told NewsDay during the weekend.
By Miriam Mangwaya 4h ago

Why forex black market is thriving despite mass arrests

Reserve Bank of Zimbabwe governor John Mushayavanhu says the ZiG will gain more acceptance with time and this will reduce demand for US dollars.
By Tafadzwa Mhlanga Apr. 28, 2024

Govt revises tax-free income tax threshold

In the schedule of the new income tax brackets, Ncube said those earning between ZiG12 204,01 to ZiG36 612, over the same period, would attract a 20% income tax.
By Tatira Zwinoira Apr. 27, 2024

InnBucks, beyond what meets the eye

My first interaction with Innbucks was at a Simbisa outlet back in 2021, and just like any new product on the market, it was under some promotion of some sort.
By Rufaro Hozheri Apr. 26, 2024

Interest rates seen tumbling below 20%

RBZ deputy governor Innocent Matshe said several measures taken by the central bank early this month, including the launch of the new currency, would stabilise the economy.
By Mthandazo Nyoni Apr. 25, 2024

Zim Independence Day: 44 years of embarrassment

The 1990s brought economic challenges that worsened in the new millennium.
By Amh Voices Apr. 20, 2024

Is Mr Strong ZiG the new sex drug?

It’s not what they say in public or the number of threats and even arrest of the so-called black-market dealers that is going to convince us to use the ZiG or make it our currency of choice.
By Muckracker Apr. 19, 2024

Lenders, investors face huge losses

The report indicated that the emergence of a parallel market remains a possibility, particularly among the unbanked population.
By Mthandazo Nyoni Apr. 19, 2024

‘New currency averted systems crash’

It replaced  the Zimbabwe dollar (ZWL), which had to be decommissioned after depreciating rapidly against the US dollar, complicating an already dire economic situation.