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Economy, Zimbabwe

Zimbabwe must dollarise again – here’s why

By Taurai Mangudhla The Reserve Bank of Zimbabwe (RBZ)’s new Monetary Policy Committee (MPC) hit the ground running on March 26, announcing a raft of policy measures to sustain the fragile stability that has seen inflation falling and the exchange rate holding firm since June last year. It set the […]

Economy

Zimbabwe and Russian company to explore nuclear generation

Zimbabwe and Russia’s Rosatom Corp. signed a memorandum of understanding to explore nuclear generation as the African nation seeks to cut its reliance on hydroelectric power. “The anticipated co-operation in the use of nuclear energy for peaceful purposes will provide alternative sources of energy which Zimbabwe needs,” Information Minister Monica […]