Zimbabwe reintroduced a local currency in 2019 after abandoning it in 2009 when it was hit by hyperinflation. However, the Zimbabwean dollar, which is officially quoted at 165.94 against the U.S. dollar, has continued to slide on the black market, where it is trading at about 400 to the greenback, up from about 200 at the beginning of the year.
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Zimbabwe’s government has ordered banks to stop lending with immediate effect
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General News1 week agoResidents Accuse CDF Officials of KSh 2,000 Bursary Bribes – MP Zaheer Jhanda Under Fire in Nyaribari Chache
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Politics6 days agoSon of Siaya or Son of Busia? David Ochieng’s Politics of Convenience Exposed
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General News6 days agoRoads in Kitutu, Colleges in South Mugirango, Rice and Beans in Nyaribari Chache: Is This MP Zaheer Jhanda’s Version of Development?
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