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Wednesday, April 24, 2019
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Understanding Zimbabwe’s Economic Puzzles: Reconfiguring Industrial Policy

Samuel Mapuranga Introduction Centuries ago, a Chinese King was sitting in his cabinet meeting discussing about the poor economy of his country. One economist said,...

SA throws weight on Zim debt plan

Bernard Mpofu South Africa has pledged to assist Zimbabwe on its arrears and debt clearance plan as Harare steps up its efforts to access concessionary...

RBZ defends activities, says they are not quasi-fiscal

CHENGETAI ZVAUYA Reserve Bank of Zimbabwe’s (RBZ) interventions rescued the economy from collapsing, governor John Mangudya said this morning as he defended the bank’s undertaking of quasi...

Investors recall cash investments

TAURAI MANGUDHLA/TINASHE MAKICHI The Reserve Bank of Zimbabwe is under intense pressure to increase the country’s interest rates amid rising inflation, coupled with the recent...

IPEC tightens screws on insurance companies

PHILLIMON MHLANGA The Insurance and Pensions Commission (IPEC) has directed all insurance companies to seek approval from the regulator when offering new products into the...

Short-term insurers GPW up 16 pct in Q3

STAFF WRITER Gross premium written by Zimbabwe’s short-term insurers was up 16 percent to nearly $200 milliom driven by motor and fire classes, a regulator’s...

RBZ yields to gold miners demand

SIMBA RUSHWAYA/ LIVINGSTONE MARUFU The Reserve Bank of Zimbabwe (RBZ) will offer gold miners a special rate of 1:3.5 as it capitulates to demands by...

Leap of faith required to believe Mangudya

PHILLIMON MHLANGA A nervous John Mangudya, the Reserve Bank of Zimbabwe governor, last Friday displayed a lamentable sense of powerlessness as he entered an...

RBZ should protect people’s savings

Last week, the Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya, presented a high sounding Monetary Policy Statement (MPS), but is now sending different...

MPS interpretation causes turmoil in ZSE trades settlements

  Confusion has arisen within the local market on how to settle trades involving foreigners following the new currency framework introduced by the Reserve Bank...