Zimbabwe excited over the extension of multi-currency system newsghana.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsghana.com.gh Daily Mail and Mail on Sunday newspapers.
Zimbabwean Finance Minister Mthuli Ncube on Friday underscored the need for continued market discipline to maintain domestic currency stability. In the 2023 mid-term budget and economic review statement, the minister said implementation of the 2023 national budget remains on course, despite the exchange rate and inflation fluctuations experienced during the…
The Zimbabwean government is now going after its service providers and suppliers of other goods, some of whom it accuses of channeling funds they receive from the government to the parallel market where they buy foreign currency. The government pays its suppliers in local currency at the prevailing auction rate,…
Harare City Council said Wednesday that its customers owed it more than 13.8 billion Zimbabwean dollars (ZWL), a situation it says is compromising service delivery in the Zimbabwean capital. "Harare City is owed 13.8 billion by its various customers. Failure to pay the debts has compromised service delivery," the council…
The Reserve Bank of Zimbabwe (RBZ) said Thursday that it was investigating a case of alleged foreign currency exchange rate manipulation following the flighting of two receipts from a reputable organization showing a rate of 1 U.S. dollar to 200 Zimbabwean dollars (ZWL). The official exchange rate as of Tuesday…