Observer mission report invitation on SADC to intervene in Zim: Kasukuwere thezimbabwean.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwean.co Daily Mail and Mail on Sunday newspapers.
Is the Zimbabwe dollar facing an existential threat? Yes, if the trend reported in the 2023 Mid-Term Monetary Policy Statement released this week is not reversed. While the actual level of dollarisation is not known, data from the central bank that formed part of the Mid-Term Monetary Policy Statement can be used as a proxy.…
The Reserve Bank of Zimbabwe on Friday threatened “punitive measures” against businesses accused of “illegal forward pricing practices thereby manipulating the foreign exchange rate.” “In terms of the law, businesses are permitted to apply a margin of up to 10 percent above the interbank exchange rate,” the central bank’s Financial Intelligence Unit said in a…