Short-term insurers see rise in forex business
The Zimdollar was in April replaced by Zimbabwe Gold, a currency backed by gold and forex reserves.
By Melody Chikono
Jul. 15, 2024
Afdis abandons local currency financial reporting
In a statement attached to its financial report for the year ended March 2023, Afdis board chairperson Matlhogonolo Valela revealed the changes in functional currency.
By Blessed Ndlovu
May. 15, 2024
Letter to my people: Neville Mutsvangwa’s arrest won’t save the ZiG
To those who think the arrest of Neville means that there are no more sacred cows in the crackdown on forex trading on the parallel market will be sadly mistaken.
By Doctor Stop It
May. 12, 2024
New ZiG currency on a free flow: Here is what we know
The ZiG is now Zimbabwe’s legal tender for all public and private debts and is part of a multi-currency basket that includes the US dollar (USD) and South African rand, among others.
By Zvikomborero Sibanda
May. 10, 2024
Food prices rise as inflation swells
He said that there would be no month-on-month and year-on-year inflation rate using the ZiG this month, as it would be computed next month.
By Tafadzwa Mhlanga
Apr. 30, 2024
Govt revises tax-free income tax threshold
In the schedule of the new income tax brackets, Ncube said those earning between ZiG12 204,01 to ZiG36 612, over the same period, would attract a 20% income tax.
By Tatira Zwinoira
Apr. 27, 2024
Is Mr Strong ZiG the new sex drug?
It’s not what they say in public or the number of threats and even arrest of the so-called black-market dealers that is going to convince us to use the ZiG or make it our currency of choice.
By Muckracker
Apr. 19, 2024
Lenders, investors face huge losses
The report indicated that the emergence of a parallel market remains a possibility, particularly among the unbanked population.
By Mthandazo Nyoni
Apr. 19, 2024
‘New currency averted systems crash’
It replaced the Zimbabwe dollar (ZWL), which had to be decommissioned after depreciating rapidly against the US dollar, complicating an already dire economic situation.