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Zimbabwe Inflation Cools Sharply as ZiG Rate Falls to 82.7% and RBZ Targets 20% by Year-End

HARARE – Zimbabwe’s official statistics show a welcome cooling in both ZiG- and US dollar-denominated inflation, signalling tentative progress toward price stability as the...

Treasury orders tough spending cuts to contain budget deficit

HARARE – Treasury has announced sweeping new measures to rein in government spending, including a freeze on recruitment, a 25 percent cut in fuel...

Zimbabwe’s Foreign-Currency Reserves Edge Toward US$1 Billion, RBZ on Course for De-dollarisation

HARARE – Zimbabwe’s foreign-currency reserves have risen to about US$900 million, bringing the country within reach of the symbolic US$1 billion mark, according to...

‘Import substitution key to de-dollarisation success’

ZIMBABWE needs to cut down its huge import bill as part of prerequisite policy interventions to lay a firm foundation for the sustainable reintroduction...

Dollarisation and the Death of Sovereign Investment: Why Zimbabwe Cannot Fund Large-Scale Projects Without Monetary Autonomy

Zimbabwe’s economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in...

Zimbabwean minister proposes 24-hour economy

Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has urged Zimbabwe to embrace a 24-hour economy, arguing that round-the-clock operations could unlock...

U.S. Bill to Scrap ZDERA Could Unlock IMF Lifeline for Zimbabwe’s Debt Crisis

A fresh move in Washington could reshape Zimbabwe’s economic future. The U.S. House of Representatives has introduced H.R. 5300, a foreign-policy package that includes...

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