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 law that compels mining companies to pay part of their...

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...

Advice for South Africa to avoid becoming Zimbabwe 2.0: Andre de Ruyter

Former Eskom CEO Andre de Ruyter said South Africa should implement business-friendly policies that work and...

Blame Game and False Hope for a Broken Currency: Next Africa

To buy a loaf of bread in the local currency of Zimbabwe, you need to count...

Zimbabwe has weakest currency and highest inflation globally, US economist Steve Hanke says

Prominent US economist Steve Hanke has said that Zimbabwe has the weakest currency against the greenback...

Mangudya says Zimbabwe currency turmoil temporary

As plunge in local currency value rattles business...

Why financing agriculture in Zimbabwe needs a rethink: limited credit and few loans

Finance is crucial for agriculture – for inputs, for labour, for capital investments and for dealing...

Zimbabwe taps diaspora for foreign exchange reserves

Zimbabwe is targeting a stronger foreign currency inflow from its diaspora this year. Money sent home...

Q&A: Africa’s place at this year’s World Economic Forum

The first gathering of world leaders, captains of industry, and civil society will be the 54th...

ZESA Announces Electricity Tariffs Effective 11 January 2024

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of ZESA Holdings, has announced electricity...

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