PROGRESSIVE Teachers Union of Zimbabwe (PTUZ) president Takavafira Zhou says Zimbabwean teachers’ wages have now diminished to a paltry US$75 if converted to the more stable foreign currency. In a statement Saturday, Zhou echoed the demands by the Zimbabwe Teachers...
By Staff Reporter ZIMBABWE’S largest teachers union has demanded the immediate payment of the educators’ wages in United States dollars after shop owners and service providers have been rejecting the fast weakening local bond note and electronic transfers. In a...
HARARE – Zimbabwean President, Emerson Mnangagwa, has described parallel market currency dealers as a national security threat, warning that his administration will take drastic measures against such traders as the country’s economy takes a knock from rising prices occasioned by...
Zimbabwe’s economic meltdown continued on Wednesday as several shops closed down, while those that remained open want to raise prices in defiance of a threat by the government. This comes as new measures were implemented, including the subtle re-introduction of...