ZIMBABWE

'Zim heading towards de-dollarisation'

THE central bank's decision to more than double the size of its bond-note programme to $500 million confirms the country is headed towards de jure de-dollarisation, which threatens to accelerate infla...

By Staff reporter | Published: 04 September 2017

ZIMBABWE

ZSE posts all-time post-dollarisation high

The ZSE's mainstream Industrial Index registered a new all-time high post dollarisation having surpassed 233.18 set on 01 August 2013 to close at 235.03.This was after it added 3.01 points in today's ...

By Staff reporter | Published: 31 August 2017

BUSINESS NEWS

Zimbabwe missed a beat on 'full dollarisation'

Zimbabwe could have done itself a huge favour when it 'dollarised' around 2009 by adopting the 'full dollarisation' method, University of Zimbabwe (UZ) lecturer and economist Dr Pheneas Kadenge has s...

By Staff reporter | Published: 31 July 2017

FINANCIAL SERVICES

Old Mutual lends $100m since dollarisation

Zimbabwe's largest financial services group, Old Mutual, has disbursed at least $100 million to businesses through its lending arm the Central Africa Building Society since dollarisation.This emerged ...

By Staff reporter | Published: 09 December 2013

BUSINESS NEWS

Cash crunch exposes firms to predators

ZIMBABWEAN companies have become sitting ducks for takeovers by foreign investors, despite concern over the country's indigenisation law compelling foreigners to limit their shareholding in domestic c...

By Staff reporter | Published: 21 November 2013

OPINION

Biti wrongfully credited with the dollarisation of the Zim economy

Zimbabwe's economic growth since 2009 has been credited to Tendai Biti, the Minister of Finance's adoption of the US dollar and the South African rand as the official currencies, an international ...

By Staff reporter | Published: 10 June 2013

ZSE TODAY

ZSE shares in best performance since dollarisation

ZSE shares capped the first month of 2013 in best performance ever since doliarisation in 2009 as blue chips continued to explore new highs while foreign investor's interest in emerging African mark...

By Business reporter | Published: 10 June 2013
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