zimbabwe dollars

The 2022 national budget slightly falls short of the 1 trillion dollar mark raising fears of new inflationary pressures in the economy largely driven by parallel market rates and speculative behaviour.
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Zimbabwean banks are set to lose millions after the Supreme Court ruled Tuesday that debts incurred before last February should be settled in the local currency at a rate at par with the greenback.
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Zimbabwe’s central bank will introduce some notes and coins in the Zimbabwe dollar currency in the next two weeks, the latest step towards restoring the domestic currency, central bank governor John Mangudya said on Tuesday.
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By Ed Stoddard 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 dollar in 2009 and…
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By Chenayi Mutambasere A few people have reached out to me with regards to the most recent announcement from Mthuli’s book of Zanuconomics. Most want to know what does it mean in practical sense and what should I do ? Well I will list…
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By Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) has scrapped the US$10 000 daily trading limit for bureaux de change and the 2,5 percent maximum profit margin for banks to make the interbank forex market more efficient and bolster…
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Zimbabwe made its interim currency the country’s sole legal tender on Monday, ending a decade of dollarisation and taking a another step towards relaunching the Zimbabwean dollar.
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Zimbabwe must have a new currency by the end of the year, President Emmerson Mnangagwa said on Friday, arguing this would help stabilise prices after inflation hit a 10-year high.
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Richard Mawarire (Economic Analyst) At the centre of Zimbabwe’s economic problems is the question around currency. Over the past ten years, Zimbabwe has had a perpetual currency headache, off course with relief in the years 2009 to 2013…
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Workers who were awarded damages for labour disputes in Zimbabwe dollars after the introduction of the multi-currency regime will now get paid in foreign currency after the Supreme Court on Wednesday ruled against compensation in local…
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