Opinion

Zimbabwe

Latest MPC sitting review : The Gold Fix continues

On the 23rd of September, the Monetary Policy Committee of the Reserve Bank of Zimbabwe (the Bank) met to discuss the macroeconomic and financial developments in the economy and their implications on

1 day ago
World
Brace for Zim interest rate hike as Fed drives global inflation fight

Other central banks have been taking a broad view of the global economy in the hope that a worldwide recession can be avoided. Zimbabwe's inflation has increased year over year by nearly 467% in the l

 1 week ago
World
UN Special Rapporteur calls for lifting of unilateral coercive sanctions on Zimbabwe

In Zimbabwe, the idea of sanctions has far-reaching consequences because the topic has over the past two decades been embroiled in partisan politics. Albeit political, sanctions are in most cases the

 1 week ago
World
The weak Zim banking sector and too much government red tape could promote underground banking systems.

Many Zimbabweans may be forced to choose an alternative method of banking their money and making payments due to shifting governmental rules and restrictions, ineffective local banking systems.

 1 week ago
World
Millennial Money: The intrinsic value of an NFT

Nearly three million Zimbabweans live abroad and the money they send home accounted for just over 7 percent of the country’s economic output last year, according to the World Bank

 1 week ago
Zimbabwe
Zimbabwe dollar shrinks by 5% against US dollar

Harare- The local currency traded on the back foot during the latest RBZ-governed auction market held on Tuesday against the much preferred United States dollar. The Zimbabwe dollar shed by 5% to 546.

 1 month ago
Zimbabwe
Addled government turns to UAE as power crisis takes toll

Addled government turns to UAE as power crisis takes tollZimbabwe’s target to achieve electricity self-sufficiency by 2023, which is barely 5 months to commence remains hanging in the air as the power

 1 month ago
ZIMCODD speaks out on debt crisis: Government boarding the wrong flight

ZIMCODD speaks out on debt crisis: Government boarding the wrong flight- The African Forum and Network on Debt and Development (AFRODAD) in partnership with its sister organisation, Zimbabwe Coalition

1 month ago
Meikles kick-start 2022 fiscal year bullish: As Q1 revenue more than quadruples

Meikles kick-start 2022 fiscal year bullish: As Q1 revenue more than quadruples-Harare- As the battle for currency and economic stability continues hitting above the roof, the Zimbabwe Stock Exchange

1 month ago
An initiative to address poverty in Africa?

Poverty, in the simplest sense of the word, is a state where one lacks access to basic needs such as food, clothing and shelter. It is also used to describe a person whose living conditions prevent th

1 month ago
The USA vows to strengthen African ties at the expense of China and Russia

Given that only 1.2% of the US's total two-way commerce is with Sub-Saharan Africa, the continent has never been a high priority for the US in terms of international relations.

1 month ago

Zimbabwe are on target to generate 2,100MW of clean energy by end of the decade

The World Bank's Global Solar Atlas data, as assessed by Statista, reveals the average potential for solar energy worldwide. As this infographic demonstrates, Africa is far ahead of the pack.

1 month ago

All eyes on the Fed meeting

All eyes on the Fed meeting

2 months ago

Can Zimbabwe deal with the electricity crisis?

For Africa, renewable energy is now a competitive and sustainable option. When coupled with energy storage technology, it has the potential to increase energy security.

2 months ago

Currency conundrum: Zim dollar continues on back foot

Currency conundrum: Zim dollar continues on back foot

2 months ago

Can branchless banks work in Zimbabwe?

Due to COVID-19 and the worry about being impacted, the banking industry in Zimbabwe has undergone substantial changes recently

2 months ago

Hyperinflation o’clock: Why the government is failing to rein in inflation

Due to errant fiscal and monetary policy, consumer prices have continued their relentless climb in July.

2 months ago

Is a recession looming

Is a recession looming

2 months ago

Cryptocurrency universe experiences a second notable collapse, raising doubts about its “safe haven assets” status

On June 12th, the price of bitcoin and other cryptocurrencies fell as a large cryptocurrency lender virtually failed and froze all withdrawals from its platform, claiming adverse market conditions.

3 months ago