Search results for 'Economic Stability'
Zimbabwe
Zimbabwe's Inflation Surges to 6.6% in January 2024, Consumer Prices Continue to Rise
Zimbabwe's Consumer Price Index (CPI) soared to 120.67 in January 2024, representing a month-on-month inflation rate of 6.6%. This indicates a significant increase from the December 2023 rate of 4.7%.
Jan 29, 2024
Zimbabwe
Retailers Urge Government to Abandon Pegged Exchange Rate: Will Government Heed?
The Retailers Association of Zimbabwe (RAZ) has urged the government to abandon the pegged exchange rate system in favor of a market-determined exchange rate, believing this shift could revitalize the
Sep 24, 2024
Zimbabwe
RBZ Raises Policy Rate, Reserve Requirements: Implications for Banks, Businesses, Consumers
The Reserve Bank of Zimbabwe has raised the bank policy rate from 20% in April this year to 35%, according to the latest Monetary Policy Statement released last Friday. Standard and statutory reserve
Sep 30, 2024
Zimbabwe
Smoke and Mirrors? ZiG Strengthens for Third Consecutive Day, Takes in 9% Gains
The Zimbabwe Gold (ZWG) currency has exhibited an appreciation on the formal market, recording its third consecutive gain on November 6, 2024. The currency surged 3% from 26.99 to 26.01, translating
Nov 06, 2024
South Africa
Land Reform Dilemma: Trump’s Potential Retaliation if Ramaphosa Defies U.S. Expectations on Land Reform
President Donald Trump has indicated that he is considering cutting U.S. aid to South Africa, one of the leading economies in Sub-Saharan Africa, in response to the country’s recently enacted Land App
Feb 04, 2025
Zimbabwe
South Africa’s 2025 Budget: A Fragile Lifeline for Zimbabwe’s Ailing Economy?
For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner
Mar 13, 2025
Top Stories
ZiG Deflation Hits -0.1% in March as USD Inflation Holds Steady at 15%: Contrasts Southern Africa’s Varied Trends
Inflation dynamics in Southern Africa as of March 2025 reveal a region of contrasts, with Zimbabwe’s dual-currency system standing out as a focal point of economic complexity. Zimbabwe’s ZiG month-on
1 day agoMad Money Muse Zimbabwe’s Economic Soap Opera, Episode 3 – Cash, Brides, and Army Bridesmaids
Picture this: Wicknell Chivhayo, Zimbabwe’s tender-preneur extraordinaire, struts into the lobola negotiations with a briefcase stuffed with US$100,000 in crisp greenbacks. In a country where most fol
Mar 26, 2025