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Respect Gwenzi

Respect Gwenzi

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Stability, a stretch away: Currency market review
Currency Market Weekly Review
Currency Market Weekly Review
Business Digest
By Respect Gwenzi 1 year ago
Retailers in high stakes game.
Zimdollar gains marginally against United States dollar
Is Africa ready to join the IoT revolution?
Many still lack the infrastructure and connectivity needed to support IoT applications, and there is a significant digital divide between urban and rural areas....
Opinion
By Respect Gwenzi 2 years ago
Is Africa ready to join the IoT revolution?
Retailers in high stakes game
This week’s jump in demand is even higher than the May 2022 jump, which came in at 88%, just as the rate depreciated by 33% in that respective season....
Business Digest
By Respect Gwenzi 2 years ago
Retailers in high stakes game
Premium
Forex auction market rate under immense pressure
The pressure is reflected in increasing bids, which this week totalled US$30,3 million, the highest since May 2022....
Business Digest
By Respect Gwenzi 2 years ago
Forex auction market rate under immense pressure
Local currency at its worst against the USD since 2022
On easing this week, the Zimdollar took its year-to-date loss to 58%, which is its quickest pace of decline on a comparative basis since its reintroduction in 2019....
Opinion
By Respect Gwenzi 2 years ago
Local currency at its worst against the USD since 2022
No sign of Zimdollar stability in the short-term outlook
Government issued Treasury Bills (TBs) valued at about US$1,45 billion in fulfilment of obligations due to some creditors and suppliers, prior to shelved....
Business Digest
By Respect Gwenzi 2 years ago
No sign of Zimdollar stability in the short-term outlook
A comprehensive approach needed to promote economic stability
If the formal market continues to depreciate at its current pace, the gap between the parallel and auction markets may widen in the coming weeks....
Business Digest
By Respect Gwenzi 2 years ago
A comprehensive approach needed to promote economic stability
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