Zimbabwe
Zimbabwe
Zimbabwe Dollar Sheds 26% on Auction Market, Biggest Weekly Depreciation Since June 2022
The embattled Zimbabwe dollar continued on a freefall after depreciating by another record 26% on the RBZ-governed Auction Market held on the 23rd of May 2023. This was the biggest weekly decline sinc
May 24, 2023
Zimbabwe's Power Predicament Gets a Respite: Hwange Unit 8 to Sync on Tomorrow, Augmented by Kariba a 260% Output Surge, but the Relief is Fleeting!
As we eagerly anticipate the synchronisation of Hwange Unit 8 tomorrow, which will augment the combined output from Unit 7 and 8 to 600 megawatts, the Kariba Hydro-Power Station has exponentially incr
May 15, 2023