Ngwena kowtowing to Putin not statesmanlike

Ngwena’s desperation to cling on to power beyond the two terms stipulated in the constitution has reached embarrassing levels.
By Doctor Stop It Jun. 9, 2024

Will arresting ‘money changers’ increase confidence in ZiG?

Only by addressing these fundamental issues can Zimbabwe build a stable and prosperous economy, restoring confidence in the ZiG and reducing reliance on the black market.
By Mark Mtombeni Jun. 9, 2024

‘ZiG powerless to fight cost-push inflation’

In April, RBZ governor John Mushayavanhu introduced a new currency, Zimbabwe Gold (ZiG), which is backed by gold and forex as part of measures to stabilise the economy.
By Tatira Zwinoira Jun. 7, 2024

RBZ holds ZiG50, ZiG200 from circulation

The governor said the exchange rate for ZiG had been fairly stable since the new unit was introduced.
By Mthandazo Nyoni May. 31, 2024

Govt threatens to sanction businesses

In an interview recently, Finance, Economic Development and Investment Promotion minister Mthuli Ncube warned businesses against using a rate above the official one.
By Priviledge Gumbodete May. 28, 2024

Mnangagwa caught between words and wallet

Masuka was wearing some khakhi farming clothes at the function.
By Evans Mathanda May. 28, 2024

Revitus declares US$45 805 maiden dividend

Datvest anticipates economic stability to be driven by the new currency ZiG which is backed by gold and foreign currency.
By Tatira Zwinoira May. 27, 2024

The proof is in the pudding

The currency is backed by gold and cash, which makes it stronger than its predecessors, according to monetary authorities.
By Newsday May. 25, 2024

Why we need a stable ZiG

Chronic inflation affects business predictability, increases business operational costs, undermines consumer aggregate demand, and traps many households into abject poverty.
By Zvikomborero Sibanda May. 25, 2024