THE government lost millions of dollars through delayed revenue inflows due to the slow processing of imports and exports after the switching off internet services countrywide.Government threw the cou...
Property developers are demanding payment in US dollars for residential stands or houses in a development that might further exclude ordinary people from owning houses. The development flies in the fa...
Government's insistence on a fixed 1:1 exchange rate has continued to create headaches for companies who have to report within prescribed accounting standards. This comes as the US dollar, adopted as ...
SOME Chinese banks today sold off large amounts of dollars to devalue the yuan, further rattling investors.The move by Chinese banks was likely at the behest of the Chinese government, analysts said, ...
Former police commissioner-general Augustine Chihuri allegedly seized a vault containing diamonds worth millions of dollars belonging to a company that was in partnership with the cops before he forci...
Insurance and pension industry players did not keep consistent and reliable asset values during the pre-dollarisation period, resulting in ordinary Zimbabweans failing to assess risks and ultimately i...
Information that is circulating online is indicating that the US dollar has made its way back to the economy, TechZim reported.For some who are out of the country this may seem to be silly news, but f...
FOREIGN currency cash transacted in July was $101,82 million down from $334,61 million in April, showing more people are increasingly holding on to the greenback, latest, statistics from the central b...
The move by the Reserve Bank of Zimbabwe (RBZ) to increase the current $200m bond notes in the Zimbabwean economy to $500m must be backed by equivalent amounts of US dollars to help defend the value p...
Zimbabwean businesses are seeing tumbling output because of an acute dollar shortage that has forced banks to delay processing payments for imports of spare parts and supplies, a KPMG poll found.This ...
DELTA Beverages is refusing to pay a former worker more than U$28 000 in back-pay and damages awarded to him in a labour dispute arguing the payment should have been made in Zimbabwe dollars.In an app...