HARARE – The Reserve Bank of Zimbabwe has announced that it has completed the validation of foreign exchange applications submitted under the blocked funds framework.
The framework was announced in the monetary policy statement in February 2019. RBZ governor John...
HARARE – The 2019 Novel Coronavirus pandemic has dented any hopes of growth in 2020 with the International Monetary Fund also forecasting a gloomy global picture for the year. The Covid-19 pandemic is threatening to be more devastating than...
By Babatunde Omilola
Like every other pandemic that the world has experienced in the past, coronavirus will eventually come to an end. It will be defeated, and life return to normal. But it will teach us an important lesson: the...
HARARE – An average Zimbabwean family required at least $5,293 in February this year to meet its basic needs for it not to be deemed poor, a 17% jump from $4,492 the previous month, latest data shows.
The jump reflects...
Farai Mabeza
The United Nations World Food Programme (WFP) has made an urgent appeal to the international community for US$130 million for food aid for Zimbabwe as the number of the acutely food insecure in the country moves from 3.8 million...
HARARE - Government has authorized money transfer agencies that had been closed down due to the total lockdown to resume operating starting Wednesday.
According to a statement issued by the Reserve Bank of Zimbabwe governor, John Mangudya, money transfer agencies...
Samuel Mapuranga
The outbreak of coronavirus named COVID-19 has disrupted the global economy. Evolution of the disease and its economic impact is highly uncertain, which makes it difficult for policymakers to formulate an appropriate macroeconomic policy response.
In essence, even a...
Munyaradzi Doma
The Government has approved a cash transfer programme which will benefit all those affected by the 21-day national lockdown, which was ordered by President Emmerson Mnangagwa to contain the spread of the deadly Covid-19.
The cash transfer programme which...
Maxwell Chingaira
The National Social Security Authority (NSSA) board, in consultation with Ministry of Public Service, Labour and Social Welfare, Paul Mavima, has awarded pensioners a once off discretionary bonus equivalent to a month’s pension to cushion NSSA pensioners from...
By Jono Waters
The Spanish Flu epidemic struck Rhodesia in early October, 1918, being introduced into the country by passengers arriving from South Africa by train. It spread quickly in all the urban centres before making its way into the...
