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BAD NEWS: Mthuli Ncube's Zimbabwe dollar crashes further…See sh0cking official rate

The Zimbabwean dollar has been rapidly losing value against the U.S. dollar in recent weeks on the Reserve Bank of Zimbabwe's foreign exchange auction market. Exchange rates show that over the past week, the Zim dollar tumbled by 43% closing the gap between the official and parallel markets. On Tuesday, the official exchange rate hit ....

Cde Mthuli Ncube , Cde Mthuli , Reserve Bank , Prosper Chitambara ,

Zimbabwe dollar in spectacular free-fall as manufacturers reject 'disaster' from treasury

Former Finance minister Tendai Biti has slammed the current Treasury boss Mthuli Ncube over Zimbabwe's struggling currency. Biti said on Twitter that there is "rampant rejection of the local currency in the market." He claimed local manufacturers are rejecting the Zimbabwean dollar, proving "that an economy will never be run by statutory instruments." He called ....

Clive Mphambela , Cde Mthuli Ncube , Tendai Biti , Mthuli Ncube , Cde Mthuli ,