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Monday, August 26, 2019
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Zimbabwe to re-introduce FCAs

TAURAI MANGUDHLA Pressure to safeguard investors’ earnings and deposits has mounted on the Reserve Bank of Zimbabwe and the Ministry of Finance and Economic...

China sets conditions for $2 bln bailout

LIVINGSTONE MARUFU The Chinese government has asked Zimbabwe to commit to a raft of economic reforms before it can inject a vital $2 billion...

SA firm seals US$2bln road deal

Tinashe Makichi Construction group, Khato Holdings, has sealed a deal that will see the dualisation of Beitbridge-Victoria Falls highway at an estimated cost of US$2bn in a...

RBZ liberalises fuel imports

TAURAI MANGUDHLA Foreign currency-starved Zimbabwe has liberalised fuel imports by allowing authorised dealers to pay directly to foreign fuel suppliers  upon exchange control approval in a...

Pushing the cow off the cliff : Making sense of Zimbabwe’s economic turbulence

STEMBILE MPOFU The presentation of the monetary policy and fiscal policy contained in the October 2018 – December 2020 Transitional Stabilisation Programme (TSP) set Zimbabwe...

Taking back Control

STEMBILE MPOFU A few years back I read a story about a grumpy grandfather who had a very negative attitude towards life. He lived with...

Zim’s foreign payments backlog worsens

PHILLIMON MHLANGA Zimbabwe’s foreign payments backlog has worsened with the central bank yesterday indicating that the buildup has surged 17 percent to over $700...

RBZ ordered to reveal forex beneficiaries

LIVINGSTONE MARUFU Government has tasked the central bank to reveal individuals and companies that were allocated foreign currency at par with the country’s surrogate currency...

Panic grips ED’s Cabinet

LIVINGSTONE MARUFU/PHILLIMON MHLANGA Zimbabwe’s thermal power stations may soon fail to feed onto the national electricity grid after coal suppliers warned their stockpile lasts for 12 days,...

Currency rift: ED intervenes

BERNARD MPOFU/TAURAI MANGUDHLA President Emmerson Mnangagwa has been forced to intervene in a growing turf war between Reserve Bank of Zimbabwe governor John Mangudya...