Finance

South African rand steady as focus shifts to government’s budget

By Reuters South Africa’s rand was little changed in early trade on Friday, after President Cyril Ramaphosa gave little detail
Read More

Zimbabwe looks at yet another plan to rescue sinking local currency

By Bloomberg News HARARE: Zimbabwe is considering overhauling its exchange-rate regime as the government seeks new measures to save its
Read More

Mnangagwa hints at measures to revamp free-falling Zimbawbe dollar

By Bloomberg News HARARE: President Emmerson Mnangagwa hinted that the authorities will soon announce steps to halt a plunge in
Read More

Zimbabwe’s annual inflation rises to 34.8pc in January

By Xinhua HARARE: The annual inflation rate in Zimbabwe accelerated to 34.8 percent in January from 26.5 percent in December
Read More

ZimDollar crashes: Anyone with US$100 now a millionaire in local-currency terms

By Bloomberg News HARARE: A fresh plunge in the value of the Zimbabwean dollar means that everyone in the country
Read More

Zimbabwe to host UN conference of African finance ministers

By Xinhua Zimbabwe will host the 56th session of the United Nations Economic Commission for Africa (UNECA) Conference of African
Read More

Zimbabwe prepares fresh measures to steady wobbling Zimdollar

By Agencies HARARE: Faced with a weakening currency and speculative pressures, the Zimbabwean government is poised to unveil a cocktail
Read More

RBZ holds interest rates meeting as currency tanks; ZimDollar down 40% on black market

By Bloomberg News HARARE: Zimbabwe’s central bank will hold its first rate-setting meeting of the year next Monday as it
Read More

Zimbabwe’s currency further tumbles against U.S. dollar; now trading at ZWD13,000

The cost of goods and services keeps on increasing in Zimbabwe as the local currency depreciates against the U.S. dollar,
Read More

CURRENCY MAYHEM BACK: Zimbabwe dollar sinks 40% on black market; trades over Z$10,000 to US$

By Bloomberg News No equilibrium between official, unofficial markets: MPC HARARE: Zimbabwe’s dollar has started the new year on the
Read More