Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...

Urgent Community Message on the Forex Crisis. Dear Business Community, Salaams, Thank you all for your valuable feedback and support. JazakAllah Khair. We are facing an acute and critical shortage of ...

Business ReporterRESERVE Bank of Zimbabwe (RBZ) is confident that the inflation rate will continue to trend down and has forecast the monthly rate to average three percent or less this year.The bank ...

A double-digit US$ inflation rate is cause for concern considering the economy is already highly dollarized, industry lobby group Confederation of Zimbabwe Industries (CZI) has said.

By: Sir Henry Olujimi Boyo (Les Leba) first published in November 2016 Intro: Last week this column republished “This devaluation be like ‘419’” The article points out manipulative strategies employed ...

The Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some ...

The Reserve Bank of Zimbabwe (RBZ) is set to introduce higher denominations of the Zimbabwe Gold (ZiG) currency, which critics say could add to inflationary pressures. Amid a non-performing economy, ...

THE Reserve Bank of Zimbabwe has directed banks to increase interest on savings and time deposits and to scrap all charges for transactions valued at US$5 and below or the Zimbabwe Gold (ZiG) ...

HARARE (Reuters) - Zimbabwe's central bank said on Thursday that its monetary policy rate had been kept unchanged at 35%.

HARARE — Zimbabwe’s Food Datum Line (FDL) for a single person rose by six percent to ZiG861.14 in January 2025, up from ZiG805.95 in December 2024, accordi ...