In other words, the penny has lost 90% of its purchasing power. This devaluation is a failure of a runaway government that ...

Business ReporterRESERVE Bank of Zimbabwe (RBZ) is confident that the inflation rate will continue to trend down and has forecast the monthly rate to average three percent or less this year.The bank ...

Spread This NewsBloomberg Zimbabwe’s gold coins sold above $3 000 for the first time since they were introduced almost three ...

One of the things that the newly appointed heads to manage the central are: ensuring that price stability in the economy ...

A double-digit US$ inflation rate is cause for concern considering the economy is already highly dollarized, industry lobby group Confederation of Zimbabwe Industries (CZI) has said.

By A Correspondent In a continued effort to address Zimbabwe’s ongoing economic challenges, the Reserve Bank of Zimbabwe (RBZ) has announced plans to redesign the ZiG banknotes. This move ...

Mugabe loses constitution vote; Thatcher to head British Tories; Stalin-Mao sign treaty; Kurdish revolt in Turkey.

Nowhere has the incompetent leadership of Scarfmore and his dispensation of poverty, darkness and confusion been more exposed ...

THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept ...

Inflation is expected to continue falling, with month-on-month reading projected to average below 3 percent in 2025.