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Zimbabwe to introduce legislation to ensure official exchange rate is used for pricing
8 mai, par Charles RukuniZimbabwe is going to introduce legislation which ensures that the country uses one exchange rate for pricing- the official interbank rate which is determined by the market. The country introduced a new currency, the Zimbabwe Gold (ZiG), last month pegging it at roughly 13.5 ZiG to the (...) -
Are Zimbabweans giving social media more credit than it deserves ?
3 mai, par Charles RukuniThe role of social media on how people get their news in Zimbabwe is being hyped because a survey by African think-tank Afrobarometer says only 43% of Zimbabweans get their news through the internet or social media. This is vastly different from Mauritius where 82% get their news through the (...) -
Top 20 countries in debt to China- Zimbabwe is not one of them
1er mai, par Charles RukuniTen African countries are amongst the biggest debtors to China, but Zimbabwe is not among the top 20. The biggest debtor is Pakistan followed by Angola. Other African countries with huge debts to China are: Ethiopia, Kenya, Zambia, Egypt, Nigeria, Cote d’Ivoire, Cameroon, South Africa and (...) -
Is Zimbabwe now on the right track ?
30 avril, par Charles RukuniThe Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says the country’s monetary policy statement released on 5 April has been well received by the market and is expected to ensure lasting stability, certainty and predictability in the exchange rate and (...) -
Watch : RBZ governor warns those selling ZiG at 20:1 could be buying it at 10:1 in June
29 avril, par Charles RukuniZimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from a peak of 13.2517 on 24 April but central bank governor John Mushayavanhu is optimistic it will pick up when companies start paying their quarterly taxes at the end of June, which is less than two (...)