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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, benea...Published: 01 Jul 2025 at 12:05hrs | 194 | by Brighton Musonza
The 'torn' money-buying brigade: A hustle for survival in Zimbabwe
For many in Zimbabwe, especially those navigating the streets of Harare, torn or worn-out money has become more than just a nuisance - it's an opportunity for survival. One such individual, 30-year-ol...Published: 27 Nov 2024 at 07:05hrs | 390 | by Staff reporter
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 ...Published: 12 Jul 2024 at 09:46hrs | 58 | 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 fina...Published: 11 Jul 2024 at 14:10hrs | 68 | by Nick Mangwana
Mangudya says Zimdollar turmoil temporary
As Zimbabwe's parallel market reels under the strain of a currency crisis, central bank governor, John Mangudya, assures the public that this turmoil is merely passing.This grey market, operat...Published: 18 Jan 2024 at 17:55hrs | 4 | by Staff reporter
US credit rating downgraded
China Chengxin International Credit Rating (CCXI) slashed its sovereign credit score for the US by one notch earlier this week, becoming the first among top rating firms to make the move.The l...Published: 27 May 2023 at 19:44hrs | 9 | by Staff reporter
US Dollars replaces Zimbabwe's currency for second time
The greenback has replaced the Zimbabwean dollar as the most-used currency in the southern African nation for a second time, almost four years after the re-introduction of the local unit.US do...Published: 07 Apr 2023 at 10:20hrs | 2 | by Staff reporter
EFF shutdown knocks the rand
The JSE was lifted by rand hedges and precious metals miners on Monday, amid global jitters over recent banking crises abroad, with the rand showing some pressure. This was as the EFF pressed ahead wi...Published: 20 Mar 2023 at 14:25hrs | 6 | by Staff reporter
Zimbabweans are a very funny lot
IT came as a major relief that the United States embassy in Harare clarified the validity of its many bank notes which have been so overused that they have turned so dirty and torn to the extent that ...Published: 13 Jul 2022 at 07:23hrs | 1 | by Staff reporter
'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 discernibl...Published: 15 Mar 2022 at 16:09hrs | 11 | by Vaishali Basu Sharma
Why RBZ needs autonomy
Former reserve Bank of Zimbabwe (RBZ) governor Gideon Gono recently appeared on Zimbabwean entrepreneur and newspaper publisher Trevor Ncube's discussion series In Conversation with Trevor.Amo...Published: 13 Sep 2020 at 07:15hrs | 2 | by Admire Dube
The reality of stagflation in Zimbabwe
The current fiscal year is turning out to be a challenging year for the Zimbabwean economy. The country is experiencing all the features of economic decline from a recession, high unemployment rate, d...Published: 20 Jul 2019 at 19:31hrs | | by Victor Bhoroma
Beggar-thy-neighbour protectionist policy is decadent
Reports that the Zimbabwean government wants to liberalize fuel imports is a very significant development that will go a long way towards solving the country's artificial fuel shortages once and for a...Published: 03 Mar 2019 at 11:06hrs | 21 | by Colls Ndlovu
Zimbabwe's economic recovery plan (Zim Plan)
Stagflation is caused by the simultaneous occurrence of economic stagnation and inflation. This state of economic affairs within a country is characterised by the twin evils of economics, that is to s...Published: 28 Dec 2018 at 18:35hrs | 4 | by Colls Ndlovu, economist
Dollars vs Zollars
Government's insistence on a fixed 1:1 exchange rate has continued to create headaches for companies who have to report within prescribed accounting standards. This comes as the US dollar, ado...Published: 06 Dec 2018 at 06:30hrs | 8 | by Reuters
You shall not crucify Zimbabwe on a cross of bond notes
RECENT dramatic events arising from allegations that certain officials of the Reserve Bank of Zimbabwe (RBZ) have been involved in currency malfeasance using the bond note as their lever to execute tr...Published: 03 Nov 2018 at 08:08hrs | 10 | by Colls Ndlovu
The perils of trade protectionism
The recently gazetted import tariffs imposed by the Zimbabwe Revenue Authority on almost all major food items and non-food items — trade protectionism - is a dangerous drift towards the dreaded begg...Published: 21 Oct 2018 at 11:36hrs | 10 | by Colls Ndlovu Financial Analyst
The RBZ should be separated from politics
In any democratic country, politics is bound to be less stable from time to time as new leaders are voted in office. If not separated, the instability of politics is extended to the financial sector. ...Published: 22 Jun 2018 at 07:31hrs | 6 | by Tryson G. Dube
Zimra's tariffs bill is a dangerous drift towards the dreaded beggar-thy-neighbour policy
The recently gazetted import tariffs imposed by the Zimbabwe Revenue Authority on almost all major food items and non-food items - trade protectionism - is a dangerous drift towards the dreaded be...Published: 18 Sep 2015 at 10:18hrs | | by Colls Ndlovu
Zimbabwe's US coins deal collapses
ZIMBABWE'S plans to import coins from the United States to alleviate the shortage of coins for small denomination change has collapsed, meaning the country will continue to depend on South African ra...Published: 10 Apr 2014 at 06:54hrs | | by Staff reporter
Prof Jonathan Moyo alarmed by Gono blackout allegations
INFORMATION, Media and Broadcasting Services Minister Professor Jonathan Moyo said he was alarmed by recent insinuations by former Reserve Bank of Zimbabwe Governor, Dr Gideon Gono, that he was being ...Published: 03 Apr 2014 at 06:17hrs | 1 | by Conrad Mwanawashe
Zimbabwe kills one of the twin evils of economics
Inflation and unemployment are generally regarded as the twin evils of economics. A simultaneous occurrence of inflation and unemployment causes what is generally termed stagflation. That is to say, a...Published: 24 Mar 2014 at 14:12hrs | 1 | by Colls Ndlovu
Zimbabwe economy: Be afraid, be very afraid!
"BE AFRAID. Be very afraid!" is probably an apt warning for ordinary Zimbabweans as the economy continues to falter. All economic indicators are pointing at a troubled situation in months ahead unless...Published: 24 Nov 2013 at 12:42hrs | | by Chris Muronzi
Zimdollar versus the multicurrency system
The ongoing debate within Zimbabwe's financial markets about the possible return of the now-defunct Zimdollar serves to further destabilise the country's still fragile economy in general, and the fina...Published: 28 Oct 2013 at 16:07hrs | 2 | by Colls Ndlovu
The difficulty of a return to the Zimbabwe dollar
SOUTH Africans often ask how Zimbabwe was able to adopt the dollar as its official currency and, conversely, how it could re-establish its own currency. The answers begin with an understanding of what...Published: 14 Oct 2013 at 05:13hrs | | by Gavin Keeton, BDLive
Obama to nominates a woman as Fed chair
WASHINGTON - Janet Yellen will become the first woman to hold the most powerful job in the world economy after administration officials said that President Barack Obama would nominate her as chair of...Published: 09 Oct 2013 at 04:21hrs | | by FT
Europe turns to Zim for financial lessons as advised by Byo24News
The ongoing meltdown within the so-called Eurozone, with Greece serving as its epicentre is a cause for concern. What is interesting however is that Europe has now turned to Zimbabwe for m...Published: 22 May 2012 at 11:38hrs | | by Colls Ndlovu
Surprise as dollarised Zimbabwe sets up monetary policy committee
Zimbabwe's Reserve Bank has surprised the investment community by setting up a monetary policy committee (MPC) as the country's authorities no longer have a monetary unit to control.The oddity...Published: 12 Apr 2012 at 09:11hrs | | by Business reporter
A triangle of success and prosperity
The global financial crisis wreaked havoc across the globe, but two countries avoided the worst of global meltdown, partly thanks to their strong links with China. In fact, when US Federal Reserve Cha...Published: 17 Jan 2012 at 19:08hrs | | by CD
Zimbabwe's multicurrency system: a critical appraisal
Dollarisation entails the de jure abandonment of a country's own currency and ipso facto the adoption of a more stable currency of another country, generally the U.S. dollar as its legal tender. Howev...Published: 23 Nov 2011 at 17:29hrs | 1 | by Colls Ndlovu
Zim offers a lesson that can rescue Europe from its Eurozone financial imbroglio
Adoption of the single currency by certain European countries (i.e. Eurozone members) brought into convergence hitherto disparate sovereigns whose economies were as different as day and night. ...Published: 18 Nov 2011 at 10:39hrs | 2 | by Colls Ndlovu
The whys and wherefores of the Eurozone financial crisis
I have often been asked the fundamental question: what are the causes of the ongoing Eurozone financial crisis and why is it so difficult to solve it? The Eurozone financial crisis has its roots in th...Published: 17 Nov 2011 at 07:58hrs | 12 | by Colls Ndlovu
US dollar coins likely to be unveiled in Zimbabwe before end of the year
Presenting the Mid Year Fiscal Policy Review Statement, Minister Biti said the Zimbabwe government was finalising importation of coins from the US. He indicated that the coins are likely to be unveile...Published: 27 Jul 2011 at 04:39hrs | 26 | by Nare Msupatsila
European Central Bank hikes interest rate
Frankfurt - The European Central Bank raised its main interest rate on Thursday for the first time since July 2008 just as Portugal became the latest victim of the eurozone's deficit and debt cr...Published: 07 Apr 2011 at 11:37hrs | 200 | by Byo24News
Zimbabwe mining companies sanctions busters
Mining companies accused of using elaborate underground networks to transfers diamond revenue to evade US, EU.Zimbabwe's state-owned mining companies are clandestinely ...Published: 23 Mar 2011 at 08:16hrs | 1 | by Byo24News
US govt agrees to supply coins to Zimbabwe: Analysis
As if Zimbabwe hasn't had enough economic problems in the past decade now ...Published: 08 Mar 2011 at 13:43hrs | | by Beforeitsnews
US govt agrees to supply coins to Zimbabwe
FORGET change problems, getting a token or a sweet as change and being stuck with greasy soiled notes. This is because the United States Federal Reserve has agreed to supply coins and replace s...Published: 22 Feb 2011 at 06:54hrs | 21 | by Byo24News
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