Zimbabwe’s business sector in survival mode as inflation and currency woes bite

By Independent Online Zimbabwean companies are grappling with severe economic challenges, including soaring inflation, a skewed exchange rate, and escalating
Read More

Tongaat Hulett Zimbabwe to lay off 1,000 workers amid currency crisis

By Nyasha Chingono I Reuters HARARE: Sugar producer Tongaat Hulett Zimbabwe plans to lay off 1,000 employees by August this
Read More

Zimbabwe’s currency crisis worsens as illegal traders flourish

By coingeek.com When the Reserve Bank of Zimbabwe (RBZ) introduced the Zimbabwe Gold, or ZiG, as the new currency last April, it
Read More

Mukuru bank licensing a boost for financial inclusion in Zimbabwe

By Agencies HARARE: Next-generation financial services provider Mukuru has been awarded a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe. This important
Read More

Zimbabwe’s new currency woes hit traditional stores while illegal night street-side shops flourish

By Associated Press HARARE: Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the
Read More

Zimbabwe’s inflation slows to 3.7 pct in December

By Xinhua Zimbabwe’s inflation slowed to 3.7 percent in December, down from 11.7 percent recorded the previous month, according to
Read More

Why Zimbabweans keep watching their money go up in smoke

By Tawanda Karombo csmonitor.com HARARE: It was 10 p.m. when a frantic pounding on Modester Nyangoni’s door dragged her out
Read More

Zimbabwe fails to pay white farmers; they seek urgent talks with government

By Bloomberg News HARARE: White commercial growers in Zimbabwe said that the government has failed to pay part of $331
Read More

Zimbabwe wants 26% free-carry stake in new mining projects

By miningweekly.com Zimbabwe is planning to hold 26% of new mining projects on a free carry basis, and will also negotiate with
Read More

Zimbabwe’s central bank keeps interest rate at 35%; Africa highest

By Reuters HARARE: Zimbabwe’s central bank said on Wednesday that its Monetary Policy Committee (MPC) had met and decided to
Read More