Zimbabwe's foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, ...
Zimbabwe’s foreign-currency reserves have risen to $509 million as companies liquidate their foreign-currency positions, ...
Zimbabwe’s economic instability is deepening, deterring international investment and eroding confidence in the local market.
Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the ...
Zimbabwe’s ZiG currency, launched in April 2024, has experienced a sharp decline in value, losing 100% in just five months.
A core resolution from the ZANU PF conference was to strengthen the purchasing power of the ZiG. Strengthening the ZiG is ...
Zimbabwe stands at a critical juncture in its economic history and the resolutions from the recent ZANU PF 21st Annual National People's Conference reflect a proactive approach towards stabilising and ...
Despite a sharp devaluation of Zimbabwe’s gold-backed currency and surging inflation, Finance Minister Mthuli Ncube remains ...
Zimbabwe’s central bank allowed the local gold-backed currency to fall over 40% in late September, to 24.3902 to the U.S.
Zimbabwe’s ruling party has passed a resolution to adopt the bullion-backed ZiG currency as the country’s exclusive legal ...
Newsday Zimbabwe FINANCE, Economic Development and Investment Promotion minister Mthuli Ncube says Zimbabwe had benefited ...
Zimbabwe wants its gold-backed currency to float freely on the foreign exchange market, the central bank's deputy governor ...