Zimbabwe will jeopardise the rare bout of economic stability the southern African nation is currently enjoying if it scraps the use of dollars domestically by 2030 as planned.That's according to the ...
By Staff reporter | Published: 14 October 2025
ZB Financial Holdings (ZBFH) group strategy executive Trymore Muhlanga says Zimbabwe's plan to adopt a mono-currency regime by 2030 will require a phased and carefully managed approach, as the instit...
By Staff reporter | Published: 09 October 2025
The International Monetary Fund (IMF) has called on Zimbabwe to provide clearer details on its plan to eliminate the use of the United States dollar by 2030, warning that uncertainties surrounding the...
By Staff reporter | Published: 03 October 2025
Zimbabwe's dollar-only stock market is riding a wave of gains, powered by gold miners cashing in on a 48% jump in the precious metal this year.The Victoria Falls Stock Exchange's benchmark index has ...
By Staff reporter | Published: 03 October 2025
Confederation of Zimbabwe Industries (CZI) chief economist Cornelius Dube has warned that Zimbabwe risks massive capital flight if government presses ahead with de-dollarisation before ZiG transaction...
By Staff reporter | Published: 18 September 2025
Zimbabweans should focus more on their gold-backed currency that's set to become the sole legal tender by 2030 and less on how to phase out dollar use, according to the central bank's deputy governor....
By Staff reporter | Published: 18 September 2025
The Reserve Bank of Zimbabwe (RBZ) has reassured the public that the country's banking system remains stable and secure, with no loss of value expected beyond 2030 under the post-dollarisation framew...
By Staff reporter | Published: 13 September 2025
The Confederation of Zimbabwe Industries (CZI) has urged the government to back its de-dollarisation strategy with binding legal instruments, warning that without a formal framework, business confiden...
By Staff reporter | Published: 31 August 2025
FBC Holdings Limited has called on the Reserve Bank of Zimbabwe (RBZ) to establish a clear and credible framework for de-dollarisation to ease pressure on the country's foreign currency reserves.The ...
By Staff reporter | Published: 16 August 2025
Zimbabwe's plans to drop the US dollar in five years is already causing jitters in an economy that has suffered nearly two decades of currency volatility and bouts of record hyperinflation.Harare has...
By Staff reporter | Published: 14 August 2025
Zimbabwe's central bank has announced its decision to launch a de-dollarisation roadmap in November, along with the new five-year economic blueprint.In his 2025 mid-term monetary policy statement, Res...
By Staff reporter | Published: 12 August 2025
Land developer MCM Estates has broken ground on a massive 100-hectare multi-million-dollar tourism development project in the scenic Chesa area of Mt Darwin, a venture expected to transform the Masho...
By Staff reporter | Published: 10 August 2025
Five years after his tragic death in a fiery car crash, the once-glorious supercar collection of Zimbabwean socialite and businessman Genius "Ginimbi" Kadungure has all but vanished — sold off, scat...
By Staff reporter | Published: 04 July 2025
Tanzania has banned the use of foreign currencies for buying and selling goods and services inside the country. The Bank of Tanzania (BoT) announced the measure on May 2, stating that from now on, all...
By Staff reporter | Published: 21 May 2025
The dollar's descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens.The corre...
By Staff reporter | Published: 19 May 2025
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the listing on Z...
By Staff reporter | Published: 15 May 2025
IT is imperative for every successful and expanding economy in the world to have its own currency and monetary policy. I make that statement because it is important for all Zimbabweans to understand t...
By Eddie Cross | Published: 12 September 2023
The dollar's record hot streak came under threat yesterday as Asia's biggest central banks took aim in different ways at the recent rally in the greenback.The People's Bank of China gave a strong warn...
By Bloomberg | Published: 12 September 2023
The local currency appreciated for the first time against the US dollar after it firmed a marginal 0.094% to 83.3209 from 83.3994. This followed a drop in both the highest and lowest bids to 87.5 and ...
By Staff reporter | Published: 01 September 2020
PRESIDENT Emmerson Mnangagwa has gazetted Statutory Instrument 85/20, which will allow citizens and businesses to charge goods and services using the United States (US) dollar as part of combating the...
By Staff reporter | Published: 31 March 2020
The Zimbabwe dollar is expected to largely stabilise next year before it starts firming against the US dollar on the back of growing confidence in the domestic currency.The local currency would fall t...
By Staff reporter | Published: 18 October 2019
The Zimbabwe dollar and South Africa's Rand (ZAR) have held par for almost two weeks now, reigniting debate on whether monetary authorities should re-consider adopting the rand as a functional currenc...
By Staff reporter | Published: 05 October 2019
Government has reinforced legislation which formalised the use of local currency by empowering the Reserve Bank of Zimbabwe (RBZ) to issue civil penalties for contravention and also applying criminal ...
By Staff reporter | Published: 28 September 2019
The value of the Zimbabwe dollar yesterday plunged against the United States dollar after stabilising at the weekend following the Reserve Bank of Zimbabwe (RBZ)'s decision to freeze bank accounts of ...
By Staff reporter | Published: 27 September 2019
Government insists that the ban on the use of multiple currencies will remain in place as it seeks to lower the cost of doing business and get the economy functioning again after decades of uncompetit...
By Staff reporter | Published: 11 July 2019
US$300k gold processing plant launched in Shurugwi 
South Africa still a junk economy 
'Some very strange things are happening in China!' 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
Zimbabwe named World's best country to visit in 2025 by Forbes 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
