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Zimbabwe $ firms again

Price cuts to restore consumer buying power… as more businesses respond to Zim$ value regain

Zimbabwe s Finance Ministry objects to business indexing pricing to black market – The Zimbabwe Mail

THE parallel market exchange rate should not be used as a reference for pricing in the economy as it constitutes only a small fraction of cumulative trade volumes, Ministry of Finance and Economic Development Permanent Secretary Mr George Guvamatanga has said. According to Treasury, the parallel market accounted for less than 10 percent of foreign…

Zimbabwe govt shifts posts on US$3,5bn land deal with white commercial farmers

Government has reportedly come up with new payment terms to compensate white former commercial farmers whose farmland it acquired under the fast-track Land Reform Programme, which began at the turn of the new millennium, Business Weekly can exclusively reveal. According to the Global Compensation Deed signed in July 2020 between the Government and the former…

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