Zimbabwean dollar balances shrink in value amid ZiG currency launch

HARARE – The Reserve Bank of Zimbabwe (RBZ) launched the new gold-backed Zimbabwe Gold (ZiG) currency on Friday, replacing the faltering Zimbabwe dollar, in an effort...

RBZ Governor Mushayavanhu vows to end money-printing era

HARARE (NewZWire) — Reserve Bank of Zimbabwe governor John Mushayavanhu has issued his maiden monetary policy...

RBZ unveils new gold-backed ZiG currency to replace Zimbabwe dollar

New currency – called Zimbabwe Gold (ZiG) – will be backed by foreign currencies, gold and...

Zim New Structured Currency Features

Ahead of the much-anticipated launch of a new Zimbabwean currency on Friday, the NewsHawks looks at...

PPC’s success in Zimbabwe is contrasted by surrounding regions

South Africa-based cement manufacturer PPC Cement SA (PTY) Ltd has announced that its operations in Zimbabwe are now...

Mnangagwa brings forward appointment of new RBZ governor amid currency bloodbath

John Mushayavanhu takes over as new central bank chief with immediate effect as currency loses 70...

Power Sales workers set camp inside company premises over unpaid wages

Disgruntled employees stage night stand-off with employer as they vow not to leave company premises...

What’s happening in Zimbabwe’s property market may surprise you

Commercial property professional Kura Chihota from eXp South Africa is the guest on Moneyweb’s milestone 100th...

Zimbabwe Central Bank Accumulates Almost a Ton of Gold Reserves

(Bloomberg) -- Zimbabwe’s central bank accumulated 793 kilograms (25,000 ounces) of gold reserves since introducing a...

Zimbabwe plans exchange rate link to hard assets, introduces currency board

Zimbabwe is actively pursuing fresh measures to restore stability to its local currency, with plans to...

Zimbabwe to link exchange rate to hard assets, create currency board

'The growth of the domestic liquidity must be constrained by the value of the asset that...

Zimbabwe working on measures to stabilise currency, central bank governor says

HARARE (Reuters) - Zimbabwe's central bank and finance ministry are working on measures to stabilise the...

Zimbabwe looks at yet another plan to rescue sinking local currency

Zimbabwe is considering overhauling its exchange-rate regime as the government seeks new measures to save its...

Govt Reimposes Duty On Basic Grocery Items

The Government has reimposed duty on cooking oil, maize meal, milk, sugar, rice, flour, salt, bath...

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