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.
AS Zimbabweans grapple with economic hardships, skyrocketing inflation, and a deteriorating healthcare system, Zanu PF is ...
HARARE (Reuters) - Zimbabwe's central bank said on Thursday that its monetary policy rate had been kept unchanged at 35%.
The Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some ...
Inflation is expected to continue falling, with month-on-month reading projected to average below 3 percent in 2025.
Governor John Mushayavanhu said in July the central bank would stop minting the coins to boost its gold reserves used to back ...
One of the things that the newly appointed heads to manage the central are: ensuring that price stability in the economy ...
Formal retailers and wholesalers in Zimbabwe are experiencing a decline in customer traffic as consumers increasingly prefer ...
The Reserve Bank of Zimbabwe (RBZ) is set to introduce higher denominations of the Zimbabwe Gold (ZiG) currency, which critics say could add to inflationary pressures. Amid a non-performing economy, ...
Spurred by food and housing prices, Zimbabwe's inflation rose sharply in January in both U.S. dollar and local currency terms. It launched a new gold-backed currency in April last year ...