-
South Africa: A Letter From Zimbabwe After the Rand Fell
The Daily Vox, 14 December 2015
The rand was in free-fall after the axing of Nhlanhla Nene, former finance minister, and although it's now in recovery the impact is still being felt in neighbouring Zimbabwe.… Read more »
-
Zimbabwe: Foolish for Ailing Zimbabwe to Reject Falling Rand, Minister Mzembi
New Zimbabwe, 28 December 2015
Tourism and Hospitality industry minister Walter Mzembi says Zimbabwe is losing millions of dollars in revenue by abandoning the depreciating South African rand. Read more »
-
South Africa: Zimbabwe's Currency Slide - Is This What SA Has to Look Forward To?
News24Wire, 11 December 2015
The rand's vertiginous slide is bringing back bad memories for Zimbabweans, who saw their own currency plummet in value over a 10-year period to 2008. Read more »
-
South Africa: How Will Rand's Depreciation Affect Zimbabwe?
Zimbabwe Independent, 4 December 2015
A currency risk, which increased notably over the past year in Sub-Saharan Africa (SSA), is seen remaining elevated over the next 18 months with the South African rand expected to… Read more »
How Fragile Rand Has Affected Zimbabwe
The depreciating rand has undermined the competitiveness of Zimbabwe's exports while it remains good news for South African investors and local importers, according to analysts.
South African companies who buy shares on the Zimbabwe Stock exchange will now find it more expensive.
InFocus
-
Businesses and consumers are reportedly opting for transanctions in U.S. dollars and the local bond coins as the rand continues to weaken. Read more »
