Tourism feels the heat as ZiG falters
The central bank devalued ZiG by 43% on September 27, after it struggled to hold ground against major currencies, five months after introduction in April.
By Julia Ndlela
Nov. 29, 2024
Of Dr Amai II and double standards in Zim
The coup gang even went to the extent of arresting the then vice chancellor on allegations that he facilitated the awarding of the fraudulent PhD.
By Doctor Stop It
Nov. 24, 2024
ZiG spawns upheavals in insurance industry
Since then, indications of potential changes to Zimbabwe’s functional currency have always ended in trepidation.
By Gamuchirai Nyamuziwa
Nov. 22, 2024
Broke govt cuts spending amid tight fiscal space
In a circular dated November 13, 2024, obtained by NewsDay, Finance, Economic Development and Investment Promotion ministry secretary George Guvamatanga painted a gloomy picture.
By Melody Chikono
Nov. 18, 2024
FBC implements proactive strategies amid economic turmoil
As of September 30, 2024, FBC’s total assets were ZiG17,3 billion and shareholder funds were ZiG3,9 billion.
By Tatira Zwinoira
Nov. 17, 2024
‘Access to food markets to be constrained till May 2025’
This is because some livestock, especially cattle, will not have fully recovered following the extended drought since late 2023.
By Tatira Zwinoira
Nov. 7, 2024
Old Mutual shifts investment strategy amid currency woes
The Zimbabwe Gold (ZiG) is continually losing value, threatening the viability of businesses as the negative effect of the depreciation is eroding revenues and investment returns.
By Melody Chikono
Nov. 7, 2024
Market confidence in ZiG low: IH Securities
The ZiG’s stability is premised on controlling money supply and fiscal expenditures as well as ensuring enough foreign currency reserves to back it.
By Gamuchirai Nyamuziwa
Nov. 4, 2024
The day Parly, Cabinet slept
Both Cabinet and Parliament should be woken from their slumber.
By Paidamoyo Muzulu
Nov. 2, 2024