Bulawayo24 News - Skyes! "it makes perfect sense"

US$ assets will be safe under Zimbabwe's mono currency transition

The Government has moved to allay growing public and corporate concerns, assuring that the planned transition to a mono-currency system will not compromise the value of foreign currency-denominated savings, pensions, and investments held b…

Published: 04 Dec 2025 at 07:16hrs | | by Staff reporter

Mthuli Ncube to tax US dollar cash withdrawals

Treasury has proposed a new progressive tax on foreign currency cash withdrawals, a move that has drawn immediate criticism from the financial sector for potentially discouraging formal banking. The proposal was outlined by Finance, Econom…

Published: 02 Dec 2025 at 13:10hrs | 476 | by Staff reporter

Zimbabwe cannot fund large-scale projects without monetary autonomy

Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, beneath the surface of this apparent "fake stability…

Published: 01 Jul 2025 at 11:05hrs | | by Brighton Musonza

Can Zimbabwe ZiG-zag away from the USD?

ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest coming in April 2024 through the ZiG. The ZiG is ba…

Published: 13 Sep 2024 at 15:04hrs | | by Nkosi Moyo

Zimbabwe should ditch the toxic US dollar

Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption of the US dollar and other foreign curr…

Published: 12 Jul 2024 at 08:46hrs | | by Staff writer

Why Zimbabwe should break free from the US dollar's grip

Government Up Close"Normalcy is that a country must have its own currency," President Mnangagwa is on record highlighting this fact.Some people have argued that one of the gravest financial mistakes Zimbabwe made was to put in place a bask…

Published: 11 Jul 2024 at 13:10hrs | | by Nick Mangwana

Dollarisation key at this juncture

THE instability in the country's macroeconomic environment is a serious cause for concern and solutions should be sought as a matter of urgency.Macroeconomics is a branch of economics that studies how an overall economy behaves, taking int…

Published: 15 Jun 2023 at 05:49hrs | | by Johannes Marisa

The death of the Zimbabwe dollar! Where do we go from here?

I am writing from Dubai in the Middle East. One of the admirable qualities of Muslim society is their harsh treatment of malefactors. I was surprised to find that children leave their bicycles outside for the night and there were no police…

Published: 01 May 2022 at 10:19hrs | | by Kenneth Mufuka

'Bidenism' has killed dollar dominance?

Time will tell whether Putin wins the sweepstakes of expansionism or the cost of economic distress eventually overwhelms Russia and him. However, some interesting shifts in geo-strategy are discernible and permanent, regardless of whether …

Published: 15 Mar 2022 at 16:09hrs | | by Vaishali Basu Sharma

What China's overseas coal exit could mean for Zimbabwe

IN response to What China's overseas coal exit plans could mean for Zimbabwe' XYZ says: Is being fair to acknowledge that the environmental accusations made towards China are somehow unfair.As was mentioned in the article, that in terms of…

Published: 11 Oct 2021 at 05:02hrs | | by MDC-T president Douglas Mwonzora

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 local unit is currently stable pointing …

Published: 18 Jun 2021 at 12:00hrs | | by Respect Gwenzi

Can the South African Rand Hold its Position Against the Greenback?

The South African rand remains one of the poster boys for emerging currencies across the globe, and like many of its contemporaries it has experienced a highly

Published: 22 Dec 2020 at 17:22hrs | 87 | by Staff writer

SI 142 yields positive results

Having been asked by fellow Zimbabweans to clarify the impact of Statutory Instrument 142 of 2019 (SI 142/2019), announced by Finance and Economic Development Minister Professor Mthuli Ncube on June 24, 2019, I feel inspired, honoured and …

Published: 15 Jul 2019 at 06:45hrs | | by Tendai A. Chinamasa

Analysis of Mthuli Ncube's Statutory Instrument 142 of 2019

ON June 24, 2019, Zimbabwe woke to news of a statutory instrument with clearly far-reaching effects in that it alters the currency landscape. This instrument has been followed by directives from the Reserve Bank of Zimbabwe.The law before …

Published: 01 Jul 2019 at 07:09hrs | | by Mushoriwa Pasi

US$ as deity in Zimbabwe

THE Zimbabwean government recently did the unfathomable, at least according to social media pundits, some civil society organisations, unions and influential urbanites. It arbitrarily and abruptly re-introduced a local currency for all dom…

Published: 28 Jun 2019 at 05:22hrs | | by Takura Zhangazha

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 intended sterilisation of $1,2 billion in RTGS funds.…

Published: 26 Jun 2019 at 06:32hrs | | by Respect Gwenzi

Forcing countries to pay debt in currency it denies them - that's the US!

ONE thing for sure is that Zimbabwe is not short of real original thinking to counter the West's capture of some Zimbabwean minds.Because of donor funding, too many politicians (naturally more so in the opposition), economists and others w…

Published: 15 Mar 2019 at 06:02hrs | | by Conway Tutani

Why Zimbabwe is fed up with using the U.S. dollar

A decade after Zimbabwe scrapped its own currency to tackle hyperinflation and began using instead mainly the U.S. dollar, the economy is back in free fall. Fuel and banknotes are hard to come by, less than 10 percent of the workforce is f…

Published: 03 Mar 2019 at 18:52hrs | | by Mike Cohen

Re-introducing local currency, not so fast

THE government recently pledged to re-introduce a local currency to replace the current multi-currency regime within 12 months in its efforts to address a mounting economic crisis.Making the announcement, Finance minister Mthuli Ncube sugg…

Published: 25 Jan 2019 at 14:31hrs | | by Tinashe Kaduwo

CZI is right: Dollarisation is bad for Zimbabwe

It is not a secret that I am not a fan of the current government's economic policies and choices.I especially find it reprehensible that they continue to avoid solving the prevailing currency crisis choosing to focus instead on bizarre pro…

Published: 05 Jan 2019 at 17:13hrs | | by Garikai Dzoma

It's time to just re-dollarise the Zimbabwe economy

THE recent announcement by one of country's stock market leaders, Delta Beverages, that it will be selling its products in United States dollars starting tomorrow should be a wake-up call to government to realise that the surrogate currenc…

Published: 03 Jan 2019 at 09:08hrs | 1096 | by Editorial - newsday

Bond rate to $ exchange rate to be maintained at 1 to 1 to protect people's saving

Further to the various measures that Government is putting in to accelerate economic reforms that are necessary to right sizing the economy, it is critical to restate Government's great commitment to reducing fiscal imbalances which are th…

Published: 10 Oct 2018 at 09:02hrs | | by Hon. Prof. Mthuli Ncube

Scotland faces a Zimbabwe moment on currency options

The ongoing financial ping pong between Scotland and the UK over which currency a potentially soon-to-be independent Scotland must opt for, is a curious one indeed.  Alex Salmond,  Scotland's first minister, has vigorously assert…

Published: 16 Apr 2014 at 10:04hrs | | by Colls Ndlovu

The American Gov's dollar reign is near an end

The single most astonishing fact about foreign exchange is not the high volume of transactions, as incredible as that growth has been. Nor is it the volatility of currency rates, as wild as the markets are these days.Instead, it's the exte…

Published: 03 Mar 2011 at 10:12hrs | | by Barry Eichengreen

Search / Dollar

Plumtree men arrested after threatening woman with pellet gun

RTG evicts chiefs awaiting Mnangagwa's US$1,500 christmas stipends

Shamva man arrested for murder after beer dispute

Zimbabwe registers 97 new schools: Minister Moyo

Saber Sword vs. Damascus Sword: Key Differences and Uses

Fuzwayo campaign reports death threat

Zanu-PF sends begging bowl

Zimbabwe's 2023 poll promises now pie in the sky

CCC rallies citizens against Mnangagwa's term extension

Nicholas 'Madzibaba' Zakaria dies

Chinese to build luxury riverfront lodges in Victoria Falls

Magistrate orders DNA test in soldier's child maintenance dispute

US announces policy shift on engaging Zimbabwe

Mnangagwa says chiefs critical line of defence

Zimbabwe to reforms Mutapa Investment Fund

Nkulumane by-election candidates debate vision for constituency

Zanu-PF councillor pleads for lenient sentence

Zimbabwe imposes duties on textile imports

Mthuli Ncube signals royalty climbdown

African Sun to shut down Elephant Hills for major overhaul

Inmates to be gran­ted sex rights while in jail

Khaya Cement production resumes

SecZim tightens capital screws on market players

Sungura Godfather Nicholas Zacharia Dies

A nation that must believe in its own power, no saviour is coming, Zimbabwe

Constructive Counterargument to '7 Wasted Years: How Ramaphosa's Presidency Betrayed Its Promise'

Stanbic Bank renews funding for life‑changing hernia surgeries

A year of dishing out cars 2025

Does the Mnangagwa regime have a different definition of corruption than the rest of us?

Three killed in Harare-Bulawayo road crash

Police officer dismissed for improper conduct

ZACC did not clear Chivhayo - it cleared itself of responsibility

Former President Zuma and his golden begging bowl to Burkina Faso

ZACC clears Chivayo

Mnangagwa opens 2025 Chief's Conference

Police alarmed by surge in fatal beer-related disputes

Insiza tightens rules for mining operations

Missing boys found dead in dam

Demand for houses is rising in Bulawayo

ZRP dismisses former Assistant Inspector Mandizvidza

Zanu-PF accused of open vote buying in Nkulumane

Zimbabwean man arrested with 582 passports in South Africa

ZRP, VID top Zimbabwe's bribery index

Bindura suspected drug dealers in court after major bust

Homeground crowned champions of Guruve Pool League

Human Waste Dumped at AMH CEO's Office Doorstep

AMH Gambles US$40k as Journalists Go Unpaid

MISA Zimbabwe Condemns Shava's 'Media Gag' Ahead of Innovation Fair

NashTV announces shutdown

Why Section 95(2)(b) is not a term-limit provision requiring a referendum

RTG evicts chiefs awaiting Mnangagwa's US$1,500 christmas stipends

Woman laces abusive hubby's food with poison

Bulawayo Fire and Ambulance Service has new emergency cell number

Mugabe pardons Sekeramayi, elevates him to politburo

Yithi Abantu Ndisu Avo (Team Bulawayo feat Dj Sticha YithiAbantu NdisuAvo) - Official Video

Resident under siege as police arrest former legislator

Zinwa hauna is ripping us of our hard-earned cash - WhatsApp update

Joshua's name abused!

Lupane State University students win innovation prize

Fuzwayo campaign reports death threat

News Team

Advertising

Inmates to be granted sex rights while in jail