Zimbabwe Situation - Daily news from Zimbabwe
WEB3 days ago · Residents win US$38 000 compensation over COVID-19 national lockdown brutality. October 7, 2024 11:11 PM.
RBZ adopts market-based exchange rate - Zimbabwe Situation
WEBApr 6, 2024 · THE Reserve Bank of Zimbabwe (RBZ) has adopted a market-determined system for setting exchange rates, with the auction system being replaced by a refined interbank foreign exchange market which connects and allows trading between willing-buyers and willing sellers. The central bank itself will help feed the market with the 25 percent surrender ...
the latest articles Archives - Zimbabwe Situation
WEB3 days ago · October 7, 2024. Source: War Vets ministry employee in US$77K scam -Newsday Zimbabwe Harare regional magistrate Marehwanazvo Gofa remanded Gurira ... Read More. the latest articles.
FULL TEXT: RBZ Increases Bank Policy Rate From 80% To 200% Per …
WEBJun 27, 2022 · The MPC reviewed interest rates and statutory reserves with effect from 1st July 2022 as follows: i. Increasing the Bank policy rate from 80% to 200% per annum; ii. Increasing the Medium Term Accommodation interest rate from 50% to 100% per annum; iii. Increasing the minimum deposit rate for ZW$ savings from …
RBZ unveils new gold-backed ZiG currency to replace Zimbabwe …
WEBApr 5, 2024 · Banks were directed to convert current Zimbabwe dollar balances to the ZiG. “The swap rate will be guided by the closing interbank exchange rate and the price of gold as at April 5, 2024,” he said. The ZiG opened with an exchange rate of US$1 : 13.5616 ZiG. Based on the interbank rate of US$1 : ZWL33,903 on Friday, 1 ZiG was worth ZWL2499.
About "Zimbabwe Situation" - the daily news digest since 2000
WEBZimbabwe Situation – daily since 2000. Early in 2000 Zimbabwe’s political leadership demonstrated once again how it’d turned on the people. Land invasions heralded the start of a new era for the country, its people, their children, the environment, agriculture, commerce and industry. That was just part of a bigger picture and concealed ...
Zim art shines as Sadc convenes for the 44th Summit
WEB0 August 17, 2024 11:41 AM. Source: Zim art shines as Sadc convenes for the 44th Summit – Newsday Zimbabwe. Daniel Chimurure, Calvin Chimutuwah and Ronald Mutemeri. ZIMBABWE hosts the 44th Ordinary Summit of Sadc Heads of State and Government today at the New Parliament Building in Mt Hampden. Aside from the political agenda, the ...
Unlocking goat potential in Zim through going back to basics
WEB3 November 21, 2020 3:10 PM. Source: Unlocking goat potential in Zim through going back to basics – NewsDay Zimbabwe. IN a recent newspaper report, President Emmerson Mnangagwa made some insightful remarks about the potential of goat farming to building a new, shared and uplifting economy in Zimbabwe. By masimba Biriwasha.
Transforming Zimbabwe’s mining sector: A path to prosperity
WEBAug 17, 2023 · Under the Second Republic, Zimbabwe has witnessed remarkable growth and transformation in its mining sector. This positive trajectory is marked by the creation of jobs, increased investments, and an ambitious drive to position the sector as a thriving US$12 billion export industry by the end of 2023. The Second Republic under the leadership of ...
Massive progress at Manhize Iron and Steel project
WEBNov 9, 2023 · MASSIVE progress is being made at the US$1,5 billion Dinson Iron and Steel Company (Disco) plant in Manhize, Chirumhanzu District in the Midlands Province as the investor pushed to commence production by the end of this year. The laying of the power line linking Sherwood in Kwekwe and the new giant …