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Beverage makers say 35% RBZ rate hampers growth

Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining growth and limiting access to affordable f…

Published: 14 Aug 2025 at 10:41hrs | 132 | by Staff reporter

0 pass rate teachers to be fired

A recent threat by the Ministry of Primary and Secondary Education to dismiss teachers in Matabeleland South's Bulilima district for recording zero pass rates over the past five years has reignited concerns about the chronic neglect of Zim…

Published: 10 Aug 2025 at 10:04hrs | | by Staff reporter

Zimbabwe's falling birth rate a burden

Two seemingly ordinary moments tell a deeper story of Zimbabwe's shifting reproductive landscape. In Harare, a woman welcomes her second child five years after her first - exactly as planned. In rural Murewa, a young mother secretly takes …

Published: 29 Jun 2025 at 11:07hrs | 247 | by Staff reporter

Midlands grapples high rates of mother-to-child HIV transmission

The Midlands Province continues to record higher-than-average cases of HIV transmission from mothers to their babies, despite extensive national efforts to eliminate new pediatric infections, officials have revealed.Speaking at a recent me…

Published: 13 Jun 2025 at 06:23hrs | 185 | by Staff reporter

Ncube frets over runaway forex rate

FINANCE minister Mthuli Ncube this week threatened to hike Zimbabwe's policy rate beyond 200%, if companies continue to dabble into parallel market activities.The Treasury chief, who spoke during the Zimbabwe International Trade Fair (ZITF…

Published: 28 Apr 2023 at 07:04hrs | | by Staff reporter

Govt schools use parallel rate

WOES continue to mount on inflation-ravaged parents as government schools defy a ministry directive to peg school fees for the first term next year on the prevailing interbank rate.The Primary and Secondary Education ministry directed that…

Published: 09 Dec 2022 at 05:12hrs | 10 | by Staff reporter

'RBZ can do more to force rate down'

THERE is significant headroom for the foreign exchange rates to come further down, thereby reining in inflation and speculative price increases, but only if the Reserve Bank of Zimbabwe abides by Government policy to direct half the export…

Published: 24 Jul 2019 at 08:01hrs | | by Staff reporter

Exchange rate upward pressure on

Exchange rate upward pressure onTHERE were signs this week that the grey market was slowly returning from its brief sabbatical following the monetary policy dawn raid of June 24 that called out the multi-currency regime sired in February 2…

Published: 12 Jul 2019 at 08:51hrs | | by Brett Chulu

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