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May 01
Zimbabwe: Zig Notes, Coins Rollout Brings Relief
Zimbabweans yesterday began transacting in the newly introduced Zimbabwe Gold (ZiG) notes and coins in denominations ranging from ZiG1 to ZiG200, which have since gained acceptance… Read more »
April 29
Zimbabwe: The Promising Horizon of Zimbabwe's Gold-Backed Currency
Zimbabwe has taken a bold step forward with the introduction of its new gold-backed currency, the Zimbabwe Gold (ZiG). This move, underpinned by significant local, regional and… Read more »
April 23
Zimbabwe: Zim Chamber of SMEs Lauds Govt On Zig Currency
The Zimbabwe Chamber of SMEs has hailed the Second Republic for introducing the ZiG structured currency, saying the landmark move is a tonic for accelerated economic growth as it… Read more »
April 22
Zimbabwe: RBZ Must Keep an Eye On Those Who Feed the Black Market
The new ZiG currency needs to be subject to largely stable exchange rates and be accepted and be as useful as possible as it grows to become first the main currency for… Read more »
April 18
Zimbabwe: Illegal Forex Currency Dealers Chief Threat to Zig
As the country embraces the new ZiG currency, it is important that we preserve its value for the economy to grow and, ultimately, lift the living standards of Zimbabweans. Read more »
April 16
Zimbabwe: Effective Action Needed to Tame Black Market
The foreign currency black market in Zimbabwe can be a major nuisance, and can, as it has done in the past, distort economic dealings and open opportunities for those who wish to… Read more »
Zimbabwe: Stable Currency Crucial for Manufacturing Sector Growth
In the complex web of economic progress, the manufacturing sector is fundamental, serving as a pivotal force that converts raw materials into products essential for driving… Read more »
April 11
Zimbabwe: Muswere Calls On Media to Support Zim's New Currency
The successful adoption of Zimbabwe's new currency Zimbabwe's Gold ( ZiG) , is hinged on the positive coverage given by media practitioners, Information, Publicity and Broadcasting… Read more »
April 10
Zimbabwe: ZSE Re-Bases Indices On Currency Changes
The Zimbabwe Stock Exchange (ZSE) has re-based indices following the introduction of the new structured currency Zimbabwe Gold (ZiG), as espoused in the 2024 Monetary Policy… Read more »
East Africa: East Africa Mulls Us Dollar Securities to Cushion Investors
East African stock market chief executives are considering a policy shift to allow them to issue debt instruments in hard currency to open competition with commercial banks over… Read more »
Zimbabwe: Zimdollar Remains Legal Tender Until Month-End - RBZ
The Zimbabwe dollar remains legal tender for all domestic transactions until April 30, when the Zimbabwe Gold (ZiG) notes and coins will come into circulation, the Reserve Bank of… Read more »
February 26
Africa: Kwacha Africa's Best Performing Currency in 2024
Zambia's kwacha has emerged as the top-performing African currency against the US dollar this year, boosted by the central bank's aggressive monetary policy tightening. Read more »
February 21
South Africa: Brics States Ditch USD in 95pc of Trade
In a sign of growing de-dollarization efforts, Brazil, Russia, India, China, South Africa (Brics) have ditched the US dollar in 95 percent of their trade. Read more »
February 13
Zimbabwe: 'Structured Currency Part of Monetary Reforms'
The structured currency announced by President Mnangagwa last week is part of further monetary reforms aimed at engendering stability of the domestic currency, Finance, Economic… Read more »
March 06, 2023
Zimbabwe: New Inflation Calculation More Accurate of What's Happening
Inflation is now tamed, regardless of what currency you use, with the new weighted consumer price index results actually producing negative inflation, that is a fall in prices,… Read more »
January 20, 2023
Zimbabwe: High Tax Loss Risk As Economy Re-Dollarises
With the Zimbabwean economy set to move towards full "re-dollarisation", economic analysts have warned of growing risk of serious potential tax loss coming along with the growing… Read more »
August 09, 2022
Zimbabwe: Consumers Blast Profiteering As Basic Goods Prices Stabilise
Consumers have expressed outrage over businesspeople who refuse to reduce or just stabilise prices of basic commodities despite the drop in fuel prices, and the stabilisation of… Read more »
July 28, 2022
Zimbabwe: Horticulture Farmers in Honde Decry Input Costs
Smallholder horticulture farmers in Honde Valley, the Manicaland Province, have bemoaned high costs of inputs, which they say are preventing them from realising their full… Read more »
July 07, 2022
Zimbabwe: No Gold Coins in Circulation Yet, Says Reserve Bank
The Reserve Bank of Zimbabwe on Thursday dismissed as "fake news", social media content alleging that gold coins were already available ahead of their official release date. Read more »
July 06, 2022
Zimbabwe: Gold Coins - Igniting Stable Monetary Realities
In the history of the evolution of money, there is nothing that has been made an indicator stipulating what should or should not be used as money. Among the many other… Read more »
June 30, 2022
Zimbabwe: New Exchange Rate Regulations Mean Higher Levels of Stability
Businesses seem to have accepted the directives in the Presidential Powers (Temporary Measures) (Amendment of Exchange Control Act) Regulations published on Monday and are using… Read more »
Zimbabwe: 'Stop Unwarranted Price Hikes'
Businesses must stop the unwarranted price increases through taking advantage of global inflationary pressures, but should strengthen linkages to promote the local manufacturing… Read more »
June 28, 2022
Zimbabwe: President Gazettes Multi-Currency System Into Law
President Mnangagwa has gazetted Statutory Instrument 118A of 2022 entrenching the multi-currency system as announced by Finance and Economic Development Minister Professor Mthuli… Read more »
Zimbabwe: Multi-Currency Legislation to Bolster Confidence in Economy
Government will enact legislation to entrench the multi-currency system, which makes both the US and Zimbabwe dollars legal tender for all local transactions for the duration of… Read more »
June 15, 2022
Zimbabwe: More Forex, Spot Payment Bring Smiles to Cotton Sector
Stakeholders in the cotton industry expressed gratitude to Government following yesterday's upward review of the price from US$30 to US$75 per bale saying the cash-on-the-spot… Read more »
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