Industry might see some smaller companies folding or downsizing due to frozen auction funds on the account of change of currency from Zimbabwe Dollar to Zimbabwe Gold (ZiG) by the central bank. The Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mushayavanhu, during his 2024 Monetary Policy Statement, said the apex bank will convert all…
RESOLVING the country’s debt and clearing outstanding arrears could help spur both economic growth and the ongoing infrastructure development drive, analysts have said. Preparations for resumption of the structured dialogue platform on the country’s debt and arrears are presently underway. On January 19 this year, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube,…