Tag: Exchange Rate

Christopher Mahove  Mining companies have said foreign exchange retentions at 60% are inadequate to meet their operational requirements with the value of surrender portion that...

By Professor Tony Hawkins for the CAA Business School One statistic tells it all. Forty years ago, the Zimbabwe dollar was worth 150 US cents,...

HARARE –Annual inflation rose in May, albeit at a much slower pace due to due to reduced economic activity and aggregate demand during the...

Highlights Total money supply in the economy as at December 2019 stood at $34.5 billion. Of that $22 billion (64%) is in local currency and...