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