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Mnangagwa keeping Zim dollar to oppress Zimbabweans!

Why is the Zimbabwe government so adamant in holding on to a useless currency?On what logic would anyone believe that it is a good idea to continue using money that loses its value nearly on a daily basis?In fact, prominent US economist St…

Published: 06 Mar 2024 at 23:33hrs | 1 | by Tendai Ruben Mbofana

Rushed Zim Dollar introduction cost the economy

The Zimbabwean government recently gazetted the Finance Bill (H.B.4 of 2020) which validates the fiscal changes that were tabled in the Mid-Term budget review in July 2020. The Bill amends the Gains Tax Act (Chapter 23:01), the Finance Act…

Published: 22 Sep 2020 at 18:17hrs | | by Victor Bhoroma

Introducing a new currency was Zimbabwe's only viable option

Zimbabwe, the country I serve as finance minister, has been in the news for restricting the use of the US dollar and other international currencies as legal tender. Why would we want to return to our own currency, given such recent, home-m…

Published: 28 Aug 2019 at 18:24hrs | 2 | by Prof Mthuli Ncube

LIVE: Mthuli Ncube speaks to Trevor Ncube

Alpha Media Holdings chairman Trevor Ncube speaks to the Minister of Finance Mthuli Ncube about issues relating to the economy.The event titled : Conversation with Trevor is the first in a series that Trevor Ncube is hosting. The cover cha…

Published: 10 Jul 2019 at 07:50hrs | 105 | by Mandla Ndlovu

'Return to normalcy'

'Nation embraces Zim dollar . . . Country has returned to normalcy, President says'. This was a headline in the Chronicle. Sadly there is an element of truth in this. What we face is indeed 'normalcy' under Zanu PF. MDC Vice President…

Published: 01 Jul 2019 at 07:34hrs | 3 | by ZimVigil

Zimbabwe Currency: Taking back control

Zimbabwe is on a journey. A marathon. Indeed, sometimes it feels more of a steeplechase. As although the journey has just begun, we have faced a multitude of challenges to overcome already. This was not unexpected. And as responsible econo…

Published: 29 Jun 2019 at 20:05hrs | 4 | by Prof Mthuli Ncube

Thokozani Khupe reacts to Mthuli Ncube's banning of US$

Dr. Khupe has noted the unprecedented demand, for her response in removal of the multi- currency's regime in the country. This demand is to be expected when you consider the massive effect of this policy shift and the place Dr. Khupe occup…

Published: 27 Jun 2019 at 14:06hrs | | by Thokozani Khupe

'Zimbabwe reaches a point of no return'

The Zimbabwe National Students Union says it has taken a decision to confront the government of President Emmerson Mnangagwa on how he is running the country. The organisation which has vowed to engage in peaceful acts says Mnangagwa is ru…

Published: 26 Jun 2019 at 17:11hrs | | by Mandla Ndlovu

Cowardice is using the army on your people Museveni

Have sanctions brought us to where we are as a nation or it is a scapegoat by the Zanu pf led government?The economy started a spiral down long before ZIDERA came into effect. When warvets, like soldiers of fortune,demanded gratuities that…

Published: 28 Apr 2019 at 08:03hrs | 5 | by AT Kadada

RBZ's interbank forex policy failed miserably in 2008

Just in case folks out there start jumping up and down ululating and eulogising  at the  forex trading liberalisation policy  announced by the RBZ,  a cursory look at the country's recent monetary history shows that thi…

Published: 21 Feb 2019 at 11:14hrs | | by Colls Ndlovu

The current monetary policy review will worsen current fiscal imbalances

Background and Review It was trajectory, forex premiums is hurting Zimbabweans and hostile to business environment. FCA accounts have yielded positive results. FCM has increased deposits, largely business is being charged in electronic mon…

Published: 20 Feb 2019 at 17:25hrs | 2 | by Tinashe Eric Muzamhindo

Failed Zanu PF government reintroduces Zim dollar

The cash-strapped ZANU-PF government has finally succumbed to its inevitable failure and has predictably decided to re-introduce the Zimbabwe dollar in the midst of an unprecedended liquidity crisis in the recent history of Zimbabwe.This d…

Published: 05 May 2016 at 10:10hrs | 7613 | by Dr Tapiwa Mashakada, MDC-T Shadow Minister of Finance

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