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Reserve Bank of Zimbabwe (RBZ)

‘SI 127 Perpetuates Inequalities’

The Zimbabwe Coalition on Debt and Development (ZIMCODD) says the recently gazetted Statutory Instrument 127 of 2021 (SI 127 of 2021) maintains existing economic disparities within the country. SI 127 of 2021 sets out offences (referred to…

Zim’s Month On Month Inflation Ease

Zimbabwe’s month-on-month inflation rate stood at 3, 83 percent in September shedding 4, 61 a percentage points on the August rate of 8, 44 percent, on the back of stabilization of the foreign exchange market which was pushing inflation.…

Zim Dollar Value Plummets Again

The local Zimbabwean dollar has continued to lose value against the United States dollar following Tuesday's foreign currency exchange auction with the official exchange rate now standing at ZWL$76.7596 from last week's ZWL$72.1470. An…

Bread Price Set To Fall By 16%

The average price of bread is set to decrease with effect from tomorrow according to the Grain Millers Association (GMAZ). Addressing journalists in Harare, GMAZ chairman Tafadzwa Musarara said the reduction has been necessitated by the…
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