This month, Zimbabwe’s government will pay United States dollar allowances to its workers, exactly a year after declaring the end of a 10-year dollarisation experiment. Wednesday’s announcement that the government will pay US$75 to each employee and US$30 to state...
Reserve Bank of Zimbabwe has announced a new forex auction system, saying it will bring "transparency and efficiency" to currency trade. The auction system is the latest in a series of attempts by central bank over the past two years...
It was finger-pointing week. At ZANU PF headquarters on Wednesday, President Emmerson Mnangagwa had an explanation for the economic crisis; it was the detractors.  “On the economic front, we are witnessing a relentless attack...
Reserve Bank of Zimbabwe governor John Mangudya says he has been praying for Zimbabweans to understand economics. Zimbabweans, in turn, have been making the same prayers – for him. Testifying on Wednesday before Parliament’s...
The first thing John Mangudya thought he needed to say, standing up to speak on Wednesday, was that Mthuli Ncube was well within his rights as Finance Minister to tell central bank what to do with the...
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya served up his first monetary policy speech of the year on Monday in typical fashion; over-optimistic bluster topped with a pious sermon explaining away his policies.
In 2019, Zimbabwe was caught up in quite a spin, from the January riots, Mthuli Ncube’s policy upheavals, to the death of a dictator. Did any analyst, journalist or commentator at any one...
In August 2006, news came out that Sydney Gata had been sacked as boss of power utility ZESA. A reporter at The Financial Gazette picked up the phone to call him for comment. "Chimbosiyaivo...
Mthuli Ncube has one job when he walks up to the mic in Parliament to present the 2020 budget; put money into the pockets of consumers. The Finance Minister will not have missed the news...
The Reserve Bank of Zimbabwe (RBZ) has banned cash-in and cash-out transactions on mobile money. But, by announcing the ban without bringing a solution to the cash crunch, central bank officials are reminding us of what they are; firefighters that...
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