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Zimbabwe increases taxes to service debts

Zimbabwe is struggling to service its debts. Its Finance Minister, Patrick Chinamasa, says that the public has to be taxed more to help pay current and past debts. Critics however argue that tax hikes now, will kill off what little growth…
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RBZ plans to import special coins

The reserve bank of Zimbabwe plans to import new coins with similar value to those currently circulating in the economy to ease a shortage of change in the economy. The country adopted a multi-currency regime in 2009 and now uses a basket…
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