24.5.2024 18:21

IMF Calls Zimbabwe Switch to Gold-Backed ZiG an ‘Important’ Step

Bloomberg News
(Bloomberg) -- The International Monetary Fund welcomed Zimbabwe’s introduction of a new bullion-backed currency as an important step, in its first substantive comment yet on the...
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19.5.2024 18:10

Zimbabwe’s FBC Holdings Acquires Standard Chartered Unit

(Bloomberg) -- Zimbabwe’s FBC Holdings Ltd. has completed the acquisition of Standard Chartered Plc’s business in...
19.5.2024 4:26

Zimbabwe unleashes police, intelligence services on people rejecting new ZiG currency

A month after the introduction of the gold-backed ZiG currency in Zimbabwe, the government has set...
17.5.2024 19:28

Dealing in foreign currency does not break any law, Biti tells court

'The US dollar is not foreign currency in Zimbabwe, rather it is legal tender in Zimbabwe'...
14.5.2024 19:46

Zimra orders 85 vehicles, loses 61 in botched Zim-dollar purchase bid

Suffers US$1,7 million loss after currency fluctuations whittled payment down to just enough for 24 cars,...
11.5.2024 3:44

Digital permits streamline cross-border transport in Zimbabwe

The Ministry of Transport and Infrastructural Development has introduced digital Cross Border Permits and COMESA Carrier...
11.5.2024 3:36

Local Businesses Threaten To Sue RBZ

Businesses are considering taking legal action against the Reserve Bank of Zimbabwe (RBZ) over its decision...
11.5.2024 3:31

Zimbabwe Hypes New Gold-Backed Currency in Search for Investment

(Bloomberg) -- Zimbabwe is making a fresh push to lure foreign capital and is using its...
11.5.2024 3:29

Zimbabwe to fine businesses not using official new exchange rate

HARARE (Reuters) - Zimbabwe will fine businesses using inflated exchange rates as the government battles to...
10.5.2024 5:22

Senior Zimbabwean official says corruption hurting economy

The building of the Zimbabwe Anti-Corruption Commission is seen in Harare, May 9, 2024. (Columbus Mavhunga/VOA)...
8.5.2024 19:08

Zimbabwe aims to use FDI to develop a competitive economy by 2030

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials...
8.5.2024 12:53

Zimbabwe’s illegal forex dealers use WhatsApp to find clients, evade police

Zimbabwe clamps down on black market trading it blames for devaluing its newly launched ZiG local...
7.5.2024 18:07

Zimbabwe’s ZiG Weakens to Lowest Level Since Launch

Zimbabwe’s gold-backed ZiG currency has weakened to its lowest level against the US dollar since it...
3.5.2024 3:28

With ZiG Zimbabwe Expects to Finally Turn Its Back on Inflation

(Bloomberg) -- Zimbabwe’s new gold-backed ZiG currency will banish sky-high inflation that’s hamstrung the economy and...

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