HARARE, ZIMBABWE - AUGUST 05: A man holds Zimbabwean Dollar Bond Notes on August 05, 2018 in Harare, Zimbabwe. Zimbabwe Electoral Commission (ZEC) officials have announced the re-election of President Emmerson Mnangagwa of the ruling Zimbabwe African National Union - Patriotic Front (ZANU-PF). The election was the first since Robert Mugabe was ousted in a military coup last year, and featured a close race between Mnangagwa and opposition candidate Nelson Chamisa of the Movement for Democratic Change (MDC Alliance). Deadly clashes broke out earlier in the week following the release of parliamentary election results, amid allegations of fraud by Chamisa and MDC supporters. (Photo by Dan Kitwood/Getty Images)
LIVINGSTONE MARUFU The sharp depreciation of the Zimbabwe dollar against major currencies, especially the United States dollar, is hurting the ailing local industry, Zimbabwe’s largest business group, the Confederation of Zimbabwe (CZI) has said. The Zimbabwe dollar continues to lose value. On the black market, the Zimbabwe dollar was this week trading at ZWL$250 against the dollar….
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