Search results for 'Inflation Control'
Zimbabwe
RBZ Holds Benchmark Rate at 20% for Third Consecutive Period

The Reserve Bank of Zimbabwe, the nation's central banking authority, has elected to maintain the benchmark interest rate at its current level for the third consecutive period, as evidenced by the lat

Jun 27, 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
ZiG Weekly Review: RBZ Implements Strategic Policies to Stabilise ZiG

The Zimbabwe Gold (ZiG) experienced a downward trajectory over two consecutive weeks, depreciating to 26.4072 against the US dollar on February 7, 2025, from 26.3656 on January 31, 2025, reflecting a

Feb 10, 2025
Zimbabwe
ZiG Weekly Review: Gradual Erosion Continues, What’s the Key to Sustainable Stability?

The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan

Mar 21, 2025
Zimbabwe
RBZ Holds Firm at 35% Rate Amid Weak Demand, Looming ZiG Inflation Spike

he central banking authority, Reserve Bank of Zimbabwe has held interest rate firm at 35% as it continues its gamble to fight inflation head-on. In its latest Monetary Policy Statement (MPS) followin

Mar 31, 2025

Top Stories

ZIMRA’s New Rules on Buying Second-Hand Cars: What Is Missing?

The Zimbabwe Revenue Authority has advised  members of the public to confirm the customs clearance details of second-hand motor vehicles before making payment to sellers according to the latest circul

1 day ago

POSB, AFC Insurance Partner as Mutapa’s Integrated Finance Push Takes Shape

People's Own Savings Bank and AFC Insurance Company signed a bancassurance partnership agreement on the 16th of June 2026, under which POSB will distribute a suite of AFC Insurance products through it

1 day ago

Zimbabwe’s Vehicle Industry Revival: Can Century Auto’s US$10m Injection Turn the Tide?

Century Auto Assembly, operating under Bronzepels Investments, is within weeks of commencing production at its USD 10 million vehicle assembly facility in Mt Hampden, Mashonaland West Province. The pl

1 day ago

Zimbabwe Completes 143 Projects as Energy and Lithium Capacity Anchor First 100-Day Cycle

Zimbabwe has completed 143 of 242 projects in its First 100-Day Cycle of 2026, covering the period 9 February to 19 May 2026, with the remaining 99 described in the End of Cycle Report as nearing comp

Jun 17, 2026

Can Zimbabwe Break the Cycle of False Dawns in Vehicle Assembly?

Century Auto Assembly (Pvt) Limited’s US$10 million vehicle assembly plant in Mt Hampden, Mashonaland West Province, now stands at an advanced stage of completion and is preparing to commence producti

Jun 16, 2026

A Turning Point for Zimbabwe’s Fertiliser Sector: Inside Broxmen’s US$500 Million Investment

hinese investor Broxmen Industrial Park, also known as Broxmen Investments and operator of the Sunny Yifeng tile manufacturing plant in Norton, is set to invest US$500 million in the development of a

Jun 16, 2026

Zimbabwe Raises Minimum Wage by 80% as ZiG Delivers First Credible Local-Currency Wage Floor Since Dollarisation

Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an

Jun 16, 2026

Zimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade

The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing

Jun 16, 2026