Search / Domestic inflation
Zimbabwe eyes price relief towards end of 2025
After years of persistent inflationary pressures, Zimbabwe is approaching the latter half of 2025 with cautious optimism, as recent economic indicators and government policy measu...Published: 15 Jul 2025 at 21:56hrs | 445 | by Staff reporter
Strategic Analysis of Zimbabwe's Monetary Policy and Its Implications on the Real Estate Sector
Introduction The Reserve Bank of Zimbabwe unveiled a new monetary policy aimed at stabilizing the country's currency and economy. The policy focuses on ...Published: 07 Apr 2024 at 09:17hrs | 11 | by Dr Bekithemba Mpofu
Fresh measures to prop up Zimdollar
The GOVERNMENT is set to unveil new interventions, which may include reforming the foreign currency auction system and boosting foreign currency supply in the market, to deal with the recent volatilit...Published: 21 Jan 2024 at 07:27hrs | 1 | by Staff reporter
Zimdollar depreciation scares Mthuli Ncube
FINANCE and Economic Development minister Mthuli Ncube is concerned about the depreciation of the local currency against the greenback as he drafts the national budget for 2024, fearing Zimbabwe's fis...Published: 18 Aug 2023 at 18:10hrs | | by Staff reporter
Reserve Bank of Zimbabwe's external debt gives Treasury headache
TREASURY says taking over Reserve Bank of Zimbabwe (RBZ)'s external debt will make budget financing for the 2024 fiscal year difficult.On June 15, President Emmerson Mnangagwa issued Statutory...Published: 15 Aug 2023 at 06:34hrs | 12 | by Staff reporter
Zimbabwe's gold-backed digital tokens mop up $34bn excess liquidity
THE Reserve Bank of Zimbabwe (RBZ) has mopped up $34 billion through gold-backed digital tokens, which are part of measures to reduce liquidity in the market and expand the value-preserving instrument...Published: 06 Jun 2023 at 06:21hrs | | by Staff reporter
Mthuli Ncube's import duty waiver on basic goods praised
ZIMBABWEANS have applauded the Government for lifting all restrictions on the import of basic commodities to boost market supplies and granting a 100 percent retention of domestic foreign currency ear...Published: 06 Jun 2023 at 06:17hrs | | by Staff reporter
Mealie-meal shortage hits Zimbabwe?
ILLICIT deals involving some unscrupulous suppliers and traders have been blamed for creating artificial shortages of mealie-meal in formal shops while the commodity is being diverted to the streets a...Published: 01 Jun 2023 at 06:42hrs | 1 | by Staff reporter
$14 billion gold digital tokens bought so far in Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) has said a total 139 570 982 milligrammes (139,57kg) of gold-backed digital tokens valued at $14 077 billion were bought during the initial sale, which opened on Mon...Published: 13 May 2023 at 18:25hrs | 1 | by Staff reporter
Zimbabwe govt lifts import restrictions on basics
GOVERNMENT has lifted all restrictions on the importation of basic commodities to boost market supplies and granted 100 percent retention of domestic foreign currency earnings, with a further fine-tun...Published: 12 May 2023 at 06:00hrs | 4 | by Staff reporter
More contractors blacklisted over illegal foreign currency deals
The crackdown on companies that channel funds to the illegal foreign currency market has been widened, with 13 more firms being blacklisted for their involvement.In November last year, 19 comp...Published: 04 Apr 2023 at 06:21hrs | 1 | by Staff reporter
Highlanders' financials: Something is STINKING!
HIGHLANDERS Football Club's bonafide members will have to wait a bit longer to receive audited financial statements for the year ending December 31, 2022 after it emerged that the auditors are yet to ...Published: 25 Feb 2023 at 07:02hrs | 5 | by Staff reporter
Reserve Bank slashes lending rates, increases forex retention
THE Reserve Bank of Zimbabwe (RBZ) has trimmed its bank policy rate to 150 percent from 200 percent per annum and increased foreign currency retention thresholds for exporters on domestic sales while ...Published: 02 Feb 2023 at 22:58hrs | 53 | by Staff Reporter
19 firms blacklisted for fuelling black market
NINETEEN contractors providing Government with goods and services have been blacklisted for channelling funds to the foreign exchange black market, Finance and Economic Development Minister Professor ...Published: 11 Nov 2022 at 05:02hrs | 5 | by Staff reporter
Zimbabwe inflation spikes to 257%
ZIMBABWE'S year-on-year inflation jumped to 256,9% this month, up from 191% in June, evoking memories of the 2008 hyper-inflationary era nightmares as prices of basic goods continue to skyrocket....Published: 30 Jul 2022 at 19:09hrs | 2 | by Staff reporter
Zimbabwe tax-free threshold doubled, bonus windfall for workers
The tax-free threshold for income tax was doubled to $50 000 a month yesterday by Finance and Economic Development Minister Mthuli Ncube as part of the doubling of all tax bands to improve disposable ...Published: 29 Jul 2022 at 06:46hrs | 2 | by Staff reporter
Mnangagwa guns for economic hitmen
PRESIDENT Emmerson Mnangagwa's administration has launched a massive clampdown on some big corporates suspected of conniving with local banks to borrow billions of Zimbabwean dollars which they used t...Published: 13 May 2022 at 19:14hrs | 1 | by Staff reporter
Govt cracks down on speculators
GOVERNMENT is clamping down on big corporates, which borrowed billions of Zimbabwe dollars and used the money for speculative activities while taking advantage of exchange rate movements to push up pr...Published: 13 May 2022 at 19:02hrs | 4 | by Staff reporter
Bank lending freeze targets big corporates enjoying 'arbitrage profits'
HARARE - The Zimbabwe government is clamping down on big corporates which borrowed billions in Zimbabwean dollars and allegedly used the money for speculative activities.Authorities say the co...Published: 13 May 2022 at 14:50hrs | 58 | by Staff Reporter
Zimbabwe must abandon use of US$ immediately
ECONOMIST Eddie Cross, believes the best way to stabilise the prices of basic goods in the country and spur development is to end the use of the United States dollar in the economy. Speaking on 3Ktv p...Published: 27 Apr 2022 at 12:57hrs | 16 | by Staff reporter
RBZ warns Ukraine war could result in price increases
THE Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC) has predicted that the ongoing armed conflict between Russia and Ukraine will have a knock-on effect on prices of goods and services ...Published: 06 Mar 2022 at 08:40hrs | 11 | by Staff reporter
'New forex rules a time bomb'
NEW foreign currency measures imposed by government last week are a time bomb that could lead to price increases, lower economic activity and herald a return to the hyperinflation era of yesteryear....Published: 31 May 2021 at 06:45hrs | 1 | by Staff reporter
The US Dollar or the South African Rand - Let's examine the facts
Dollarization, it has come as a popular term for currency substitution. This is a term mostly used when a foreign currency is used instead of the domestic currency as legal tender. In this instance, t...Published: 11 Oct 2018 at 09:32hrs | | by Dr. Tutsirai Sakutukwa
Initiation of SADC economic working group a welcome development
The on-going discussion by SADC to form an economic working group is a rational economic move which is poised to transform the regional economic fortunes. As regional economic communities (RECs) striv...Published: 06 Oct 2015 at 16:26hrs | 1 | by Suitable Kajau
RBZ propose interest rates of 8% per year
The Reserve Bank of Zimbabwe monetary policy committee says the proposed interest rate structure of 8% per annum should be utilised as a benchmark for other debt in the market, the ZBC reported....Published: 28 Jan 2014 at 17:15hrs | | by Business reporter
Zim year-on-year consumer inflation rises
HARARE - Zimbabwe's year-on-year consumer inflation surged for the first time in seven months to 1,28 percent in August from 1,25 percent recorded in July.From January to July this year,...Published: 16 Sep 2013 at 09:34hrs | | by Staff Reporter
Load More Stories
.jpg)
