HARARE, Sept 27 (Reuters) - Zimbabwe's central bank allowed the local gold-backed currency to fall over 40% against the dollar on Friday and hiked its policy rate, giving in to weeks of sustained ...
(Bloomberg) -- Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG amid deep skepticism that the nation’s latest bid to create a ...
(Bloomberg) -- Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG amid deep skepticism that the nation’s latest bid to create a ...
As people struggle to access Zimbabwe’s newest currency, the ZiG (Zimbabwe Gold), illegal money changers across the country are emerging, offering higher rates of exchange for those in desperate need ...
Since its debut in April the Zimbabwe Gold currency has lost 80% value on the black market. The government is maintaining a formal rate of exchange that is losing them money and causing price ...
Huayou and Tsingshan didn’t respond to request for comments. Zimbabwe has emerged as a significant producer of lithium in the last two years after a spike in prices through 2021 and 2022 fueled ...
THE International Organisation for Migration (IOM) has commended the trajectory taken by Zimbabwe in providing special assistance to migrants. Visiting IOM chairperson, Dr Katharina Stasch ...
ZIMBABWE is facing a big challenge: how to protect its economy from climate change, while also growing and developing. At the recent Zimbabwe Economic Development Conference in Victoria Falls, we ...
The remains of 49 liberation fighters, who died in exile in Zimbabwe and Zambia, are expected to be returned to South Africa on Wednesday. The remains will be received by Defence and Military Veterans ...
The second edition of the Zim Afro T10 tournament, organized by Zimbabwe Cricket in partnership with T Ten Global, is all set to kick off on Saturday, September 21, 2024. This exciting T10 ...
The second edition of the Zimbabwe Cricket and T Ten Global organized tournament - Zim Afro T10 2024 begins from Saturday (September 21) with several top names from the world of cricket, including ...
I last wrote on ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) about two months ago (on Aug. 1, 2024, to be exact). The title of that article is "ZIM Integrated: Dividend Does Not Lie." ...