Ray Ndlovu
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Zimbabwe Central Banker’s Mission Impossible to Save Economy Clocks 100 Days
Zimbabwe’s new central bank Governor John Mushayavanhu has done the seemingly impossible in his first 100 days - created a stable currency and tamed price pressures in a nation that’s been a poster-child for hyperinflation and crashing currencies.
- Sunday July 7, 2024
- Author: Ray Ndlovu
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Zimbabwe Replaces Battered Dollar With New Gold-Backed Currency Called ZiG
(Bloomberg) -- Zimbabwe replaced its battered dollar with a new currency backed by a basket that includes foreign currencies, gold and other precious metals, said central bank Governor John Mushayavanhu.
- Friday April 5, 2024
- Author: Ray Ndlovu, Godfrey Marawanyika
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World’s Most Aggressive Central Bank Raises Key Rate To 200%
That brings the cumulative increase this year to 14,000 basis points -- the most globally.
- Monday June 27, 2022
- Author: Ray Ndlovu, Godfrey Marawanyika
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World’s Most Aggressive Central Bank Raises Key Rate To 200%
That brings the cumulative increase this year to 14,000 basis points -- the most globally.
- Monday June 27, 2022
- Author: Ray Ndlovu, Godfrey Marawanyika
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Zimbabwe May Miss $1.75 Billion Farmer Compensation For Second Time
Zimbabwe May Miss $1.75 Billion Farmer Compensation For Second Time
- Thursday May 5, 2022
- Author: Ray Ndlovu
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Putin’s Efforts to Save Ruble Spurs Zimbabwe’s President to Act
Putin’s Efforts to Save Ruble Spurs Zimbabwe’s President to Act
- Monday May 2, 2022
- Author: Ray Ndlovu
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Zimbabwe’s Central Bank Says No Plan to ‘Raid’ Forex Accounts
Zimbabwe’s Central Bank Says No Plan to ‘Raid’ Forex Accounts
- Sunday April 24, 2022
- Author: Ray Ndlovu
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Banks Allowed to Set Forex Rates to Tame Zimbabwe’s Black Market
Banks Allowed to Set Forex Rates to Tame Zimbabwe’s Black Market
- Wednesday April 6, 2022
- Author: Ray Ndlovu
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Zimbabwe Mines See $10 Billion Funding Shortfall Over Five years
Zimbabwe Mines See $10 Billion Funding Shortfall Over Five years
- Wednesday April 6, 2022
- Author: Godfrey Marawanyika, Ray Ndlovu
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Zimbabwe Eyes Switch to Cannabis as Tobacco Demand Seen Waning
Zimbabwe Eyes Switch to Cannabis as Tobacco Demand Seen Waning
- Tuesday April 5, 2022
- Author: Ray Ndlovu
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Zimbabwe Keeps World’s Highest Interest Rate; Raises It to 80%
Zimbabwe Keeps World’s Highest Interest Rate; Raises It to 80%
- Monday April 4, 2022
- Author: Ray Ndlovu
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New Zimbabwean Opposition Party Claims Most By-Election Spoils
New Zimbabwean Opposition Party Claims Most By-Election Spoils
- Monday March 28, 2022
- Author: Ray Ndlovu
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Zimbabwe President Orders Review of Fuel Levies: Sunday Mail
Zimbabwe President Orders Review of Fuel Levies: Sunday Mail
- Sunday March 13, 2022
- Author: Ray Ndlovu
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Zimbabwe’s Dollar-Only Exchange Struggles to Win Over Foreigners
Zimbabwe’s Dollar-Only Exchange Struggles to Win Over Foreigners
- Thursday March 10, 2022
- Author: Ray Ndlovu
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Zimbabwe Billionaire Retires From Econet to Pursue New Prospects
Zimbabwe Billionaire Retires From Econet to Pursue New Prospects
- Friday February 25, 2022
- Author: Ray Ndlovu, Godfrey Marawanyika