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Zimdollar remains legal tender until month-end
The Zimbabwe dollar remains legal tender for all domestic transactions until April 30, when the Zimbabwe Gold (ZiG) notes and coins will come into circulation, the Reserve Bank of Zimbabwe (RBZ) has s...Published: 10 Apr 2024 at 06:02hrs | 1 | by Staff reporter
'Zimdollar dead by next month'
TWO of Zimbabwe's most respected economics professors have warned government to bite the bullet and redollarise because the Zimdollar "would be dead soon".Professors Gift Mugano and Anthony Ha...Published: 27 May 2022 at 06:47hrs | | by Staff reporter
Fact-checking Biti's corruption speech
Opposition MDC Alliance vice president and former finance minister Tendai Biti gave an online speech on corruption in Zimbabwe on July 18, 2021.Here, we check key claims from Biti's address:...Published: 26 Jul 2021 at 19:35hrs | 1 | by Staff reporter
Govt adopts quarterly salary reviews
FINANCE minister Mthuli Ncube yesterday said government had now resolved to review civil servants' salaries after every three months to hedge against runaway inflation rate.Ncube announced the...Published: 11 Sep 2020 at 07:32hrs | 6 | by Staff reporter
The new Zimdollar: What could go wrong?
ZIMBABWE last week made its interim currency, the RTGS dollar, the country's sole legal tender, drawing the curtains on a decade of United States dollar dominance. Harare was forced to abandon its own...Published: 03 Jul 2019 at 08:43hrs | | by Ed Stoddard
MDC slams RBZ currency moves
Zimbabwe has "de-dollarised through the back door," the Movement for Democratic Change (MDC) said on Wednesday after the Reserve Bank of Zimbabwe unveiled its delayed Monetary Policy Statement....Published: 21 Feb 2019 at 20:56hrs | | by ZimLive
Mthuli Ncube to present 2019 budget on November 22
FINANCE minister Mthuli Ncube has said he will present his maiden budget statement on November 22, in what will be a litmus test of how he will address Zimbabwe's economic crisis.Shortages of ...Published: 07 Nov 2018 at 06:07hrs | 3 | by Staff reporter
Mthuli Ncube in tax climbdown
FINANCE Minister Mthuli Ncube yesterday unveiled several exemptions to the tax on monetary transfers saying the 2 cents per dollar tax will only apply to transactions of $10 and above while intra-comp...Published: 06 Oct 2018 at 09:04hrs | | by Staff reporter
'Mthuli Ncube has de-dollarised the economy'
THE ZIMBABWE National Chamber of Commerce (ZNCC) says by introducing a separate account for foreign currency through the monetary policy statement yesterday, the central bank has finally de-dollarised...Published: 02 Oct 2018 at 09:43hrs | | by Staff reporter
Govt de-dollarises economy, bond notes bounce back
GOVERNMENT has technically de-dollarised the economy by reintroducing local currency bank accounts, which will be traded in electronic transfers and bond notes only, and piled more taxes on the transa...Published: 02 Oct 2018 at 09:28hrs | | by Staff Reporter
RBZ boss faces reality check
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya today finds himself literally skirting on thin ice as he presents his first post-election monetary policy statement with all sectors of the econom...Published: 01 Oct 2018 at 06:52hrs | | by Staff reporter
'Illicit cash dealings sabotage economy'
ZIMBABWE would not be having any cash shortages if individuals and businesses were depositing their money in banks for equitable circulation, Reserve Bank of Zimbabwe (RBZ) Deputy Governor, Dr Khupuki...Published: 30 Oct 2017 at 04:53hrs | | by Staff reporter
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