Zimbabwe now one of the fastest growing African economies

ANALYSING Zimbabwe's unconventional economy always proves somewhat cumbersome because it is a country bridled with policy inconsistency, unfavourable operating conditions buoyed by decades of unilater...

Zimdollar in worst freefall on auction

THIS week the Zimbabwean dollar (Zimdollar) dropped by yet another noteworthy margin against the greenback, on the auction market.The Zimdollar has lost value in each of the 10 trading weeks s...

Govt will keep digging in on currency

IN the week under review the Zimbabwean dollar (Zimdollar) swept past the psychological 1:90 mark. The local unit has been losing ground against the United States dollar on a weekly basis, for 24 stra...

Zimdollar market correction

A MAJOR highlight of this week's auction is the magnitude of currency depreciation. The Zimbabwean dollar (Zimdollar) weakened by the highest weekly margin since the beginning of the year, a strong si...

Has the Zimbabwe dollar really stabilised against the US unit?

There is a strong debate among economic analysts pertaining to whether the Zimbabwean dollar (ZW$) has stabilised against the American dollar (US$) or not. There is a section which believes that the l...

Zimdollar moving towards stability?

THE interbank market entered the 14th week of trading this week and results from the auction show that the Zimbabwean dollar (Zimdollar) firmed by 0,27% against the Us dollar in the week under review....

Scrapping of multi-currency regime: The implications

ON Monday, the government announced major changes in the monetary policy of Zimbabwe, highlighted by the ending of a 10-year multi-currency system.Further measures announced include the intend...

Return of the Zimdollar?

THE Reserve Bank of Zimbabwe (RBZ) governor John Mangudya is due to release the monetary policy and the policy position is highly anticipated against the sustained monetary related macro-economic defi...