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Zimbabwe to fine those breaching official exchange rate US$15 000 or more
10 mai, par Charles RukuniZimbabwe has ordered providers of goods and services to use the official exchange rate or face a fine of ZiG200 000 which translates to about $15 000. If, however, the value of the foreign currency charged for the goods and services is higher than ZiG200 000, they have to pay the higher (...) -
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 (...)