Mnangagwa's advisor speaks on US Dollar ban

Member of the Emmerson Mnangagwa's Presidential Advisory Council Dr Shingi Munyeza has penned seven points which he predicts will occur after the gazetting of the Statutory Instrument 142 of 2019 by F...

Bold steps Mnangagwa should be taking instead of fiddling with the petrol price

When economically-challenged rulers try to run nations, especially fragile ones, they can easily make mistakes.In the past few weeks, demonstrators have taken to the streets of Khartoum and Om...

Zimbabwe's woes deepen

Not having a currency of its own hasn't stopped Zimbabwe from sliding into a currency crisis.A scarcity of foreign exchange has led to long queues for fuel, bread and medicine and sent prices ...

Mnangagwa govt told to dollarise now

Daily News writer Pauline Hurungudo interviews Steve Hanke, a professor of applied economics at The Johns Hopkins University and senior fellow at the Cato Institute.Over four decades, Hanke ha...

Currency options for crisis-ridden Zimbabwe

Zimbabwe needs to introduce a hybrid foreign currency management system or create a long maturity US$ Brady type bond to preserve savings amid the currency chaos, renowned economist Ashok Chakravarti ...

Zimbabwe inflation hits the 20.8% mark, RBZ targets 7%

Zimbabwe's annual inflation rose sharply to a record 20.8 percent in October after it gained 15.46 percentage points from the September rate of 5.39 percent. The Consumer Price Index (CPI) for...

ZimBollar: A guide to Zimbabwe's black market

As Zimbabwe suffers severe money shortages, businesses are closing, food shelves in Harare are emptying and prices of basic commodities, fuel and medicines are soaring. The price of a two-litre bottle...