The Zimdollar exchange rate and hyperinflation: A chronicles update

THE Zimbabwe dollar has suffered the worst performance in the first quarter of 2024, compared to corresponding periods since inception.
By Tinashe Duma 11h ago

Director pushes for better opportunities for pensioners

Nssa acting general manager Charles Shava underscored the importance of addressing the challenges faced by pensioners.

Address currency depreciation: CZI

In July 2022, the Reserve Bank of Zimbabwe (RBZ) introduced physical gold coins as an alternative store of value to the United States (US) dollar in the economy.
By Mthandazo Nyoni 12h ago

Proplastics turns to internal reserves... as official forex market struggles to meet demand

Since re-introducing the local currency in 2019 after initially abandoning it in 2009, the Zimbabwe dollar has been in turmoil.
By Tafadzwa Mhlanga 12h ago

IDBZ to raise US$79,5 million to finance infrastructure projects

Among the funds to be raised include those for the  Kariba housing project remedial works which has a budget of US$3,1 million, while US$1,8 million is set for Spitzkop Housing Project.
By Tatira Zwinoira Mar. 26, 2024

Waiting for Godot

The delay in announcing the MPS, which is normally released in February, creates uncertainty in an economy which is eager to project itself as a go-to destination for investors.
By Newsday Mar. 26, 2024

Zim property market poised to witness distinct trends

Informed by economic fundamentals at play, below is a summary of projected capitalisation rates of various property investment categories in Zimbabwe for 2024.
By Mike Juru Mar. 22, 2024

Trademarks finance ideal for SMEs

Trademarks finance is a short term and low risk activity in terms of registration. Farmers are also able to take credit using their trademarks as collateral to access funds.
By Tanaka Chikwenhere Mar. 22, 2024

‘Starlink not a competitor to operators’

Jacqueline Ntaka, the CEO of Mviyo Technologies, also weighed in saying the government should carefully consider all the pros and cons before licencing Starlink.
By Staff Writer Mar. 22, 2024