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Zimbabwe Central Bank Pushes Back Against IMF on De-dollarisation, Defends Tight Monetary Policy

Economy Staff Reporter -
HARARE – The Reserve Bank of Zimbabwe (RBZ) has strongly defended its current monetary and exchange rate framework, dismissing...

Countering the IMF: Why Zimbabwe Must Define Its Own Path to De-dollarisation

Economy Staff Reporter -
THE International Monetary Fund (IMF), in its recent review, urged Zimbabwe to provide greater clarity on its plan to...

IMF Seeks Clarity on Zimbabwe’s Plan to Phase Out US Dollar.

Banking Staff Reporter -
The International Monetary Fund (IMF) has called on Zimbabwe to provide greater clarity on its plan to end the...

Zimbabwe economic growth rate to rebound to 6 percent this year, IMF says

Economy Staff Reporter -
NAIROBI, Kenya – Zimbabwe’s economic growth is expected to rebound to a 6 percent rate this year, the International...

Effective Marketing Communication Strategies for Zimbabwe’s De-Dollarisation Roadmap: An Opinion and Analysis

Economy Staff Reporter -
When nations shift currencies, the real challenge is rarely technical — it is psychological. Zimbabwe’s de-dollarisation journey is no...

Europe’s top central banker says economy holding up better than expected in face of Trump tariffs

Economy Staff Reporter -
FRANKFURT, Germany (AP) — Europe’s economy is holding up better than expected in the face of U.S. President Donald...

Billions flow out of South Africa as British giant heads for the door

Economy Staff Reporter -
South Africa recorded foreign direct investment outflows of R73.5 billion in the second quarter of 2025, compared to inflows...

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

Economy Staff Reporter -
HARARE – Zimbabwe’s official statistics show a welcome cooling in both ZiG- and US dollar-denominated inflation, signalling tentative progress...

Treasury orders tough spending cuts to contain budget deficit

Economy Staff Reporter -
HARARE – Treasury has announced sweeping new measures to rein in government spending, including a freeze on recruitment, a...

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

Economy Staff Reporter -
HARARE – Zimbabwe’s foreign-currency reserves have risen to about US$900 million, bringing the country within reach of the symbolic...

‘Import substitution key to de-dollarisation success’

Economy Staff Reporter -
ZIMBABWE needs to cut down its huge import bill as part of prerequisite policy interventions to lay a firm...

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

Markets Staff Reporter -
Zimbabwe’s economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality...
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Zimbabwe’s mineral wealth a curse for communities

Deputy Minister of Finance, Economic Development and Investment Promotion, Kudakwashe David Mnangagwa, recently highlighted a staggering global challenge: illicit financial flows rob Africa of...
Zimbabwe

Mnangagwa’s ‘tyranny’ in the dock

A Harare-based lawyer has petitioned the Attorney-General to reconsider constitutional provisions governing presidential tribunals tasked with investigating judges, describing the current process as "tyrannical"...

US stocks slip again as Wall Street’s rally loses steam

NEW YORK (AP) — U.S. stock indexes drifted lower on Wednesday as a seemingly relentless rally on Wall Street takes at least a pause. The...
Zimbabwe

Zimbabwe notes public fury over Chinese lenient sentence

Justice Minister Ziyambi Ziyambi and Prosecutor-General Loyce Matanda-Moyo have acknowledged growing public anger over inconsistent sentencing for drug offenders, particularly foreign nationals. The remarks...
Zimbabwe

Chiwenga faction told to wait for 2027 Party Congress

ZANU PF spokesperson Christopher Mutsvangwa has called on the faction supporting Vice President Constantino Chiwenga to defer any political ambitions until the party's elective...

VFEX must compete with global markets to drive Zimbabwe’s economic growth

THE Victoria Falls Stock Exchange (VFEX) carries strategic value for Zimbabwe’s economic transformation and must be fully positioned to compete with global resource capital...
Zimbabwe

ZANU–PF Politburo Reshuffle Signals Power Realignment, Chiwenga’s Allies Demoted

HARARE - In a dramatic escalation of ZANU–PF’s simmering succession war, President Emmerson Mnangagwa has stripped long-time power broker Dr Obert Mpofu of the...
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Manufacturing companies bullish over business climate

Business Staff Reporter -
Capacity utilisation for large manufacturing companies increased by 4,7 percentage points to 57,3 percent in the second quarter of...

Unifreight reports 231% revenue growth

Business Staff Reporter -
Unifreight Africa has reported a strong financial performance for the half-year ended 30 June 2025, driven by expanding cross-border...

Chamisa has left Zimbabwe for US, joins diaspora

Politics Staff Reporter -
In a dramatic twist that has unsettled Zimbabwe's opposition ranks, former Citizens Coalition for Change (CCC) leader Nelson Chamisa...

Zimbabwe Central Bank Pushes Back Against IMF on De-dollarisation, Defends Tight Monetary Policy

Economy Staff Reporter -
HARARE – The Reserve Bank of Zimbabwe (RBZ) has strongly defended its current monetary and exchange rate framework, dismissing...

Trump warns Hamas of ‘all hell’ if it doesn’t agree on his peace plan until Sunday evening

World Staff Reporter -
WASHINGTON, - US President Donald Trump has given Hamas time until six in the evening on Sunday (Washington time)...

Mutodi Apologises to Guvamatanga but Stops Short of Withdrawing Corruption Allegations

Politics Staff Reporter -
HARARE – The embattled Parliamentary Portfolio Committee on Budget, Finance, Economic Development and Investment Promotion chairperson, Dr Energy Mutodi,...

Countering the IMF: Why Zimbabwe Must Define Its Own Path to De-dollarisation

Economy Staff Reporter -
THE International Monetary Fund (IMF), in its recent review, urged Zimbabwe to provide greater clarity on its plan to...

IMF Seeks Clarity on Zimbabwe’s Plan to Phase Out US Dollar.

Banking Staff Reporter -
The International Monetary Fund (IMF) has called on Zimbabwe to provide greater clarity on its plan to end the...

Mutodi Drops Bombshell in Parliament: Treasury Rocked by Alleged Billion-Dollar Kickback Scandal

Zimbabwe Staff Reporter -
Stunning allegations have rocked Zimbabwe’s Parliament after explosive claims by Dr Energy Mutodi, the outspoken legislator and Chairperson of...

Zimbabwe economic growth rate to rebound to 6 percent this year, IMF says

Economy Staff Reporter -
NAIROBI, Kenya – Zimbabwe’s economic growth is expected to rebound to a 6 percent rate this year, the International...

Edson Sithole: new book uncovers the work of a thinker, lawyer and Zimbabwean freedom fighter who ‘disappeared’

Book Review Staff Reporter -
Edson Sithole was born in what was then Southern Rhodesia in 1935. He was the first black person in...

Caledonia weighs phased Bilboes build, CEO says

Business Staff Reporter -
Zimbabwe-focused Caledonia Mining Corporation (LSE, NYSE American: CMCL) says it will decide by year-end whether to develop its Bilboes...
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Manufacturing companies bullish over business climate

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Manufacturing companies bullish over business climate

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