Finance -

Editor 13 January 2025 No Comment

Zimbabwe’s currency crisis worsens as illegal traders flourish

By coingeek.com When the Reserve Bank of Zimbabwe (RBZ) introduced the Zimbabwe Gold, or ZiG, as the new currency last April, it

Editor 2 January 2025 No Comment

Mukuru bank licensing a boost for financial inclusion in Zimbabwe

By Agencies HARARE: Next-generation financial services provider Mukuru has been awarded a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe. This important

Editor 4 December 2024 No Comment

Zimbabwe’s central bank keeps interest rate at 35%; Africa highest

By Reuters HARARE: Zimbabwe’s central bank said on Wednesday that its Monetary Policy Committee (MPC) had met and decided to

Editor 29 November 2024 No Comment

BUDGET: Zimbabwe sees 2025 growth rebound after this year’s drought

By Reuters HARARE: Zimbabwe’s government expects economic growth to accelerate to 6% in 2025 from 2% this year, helped by

Editor 27 November 2024 No Comment

Govt finances face “even greater pressure” from debt payments – Africa Bank chief

By Bloomberg Zimbabwe faces “even greater pressure” on its stretched finances from the weight of reforms it’s implementing to try

George Guvamatanga, the secretary for finance and economic development

Editor 18 November 2024 No Comment

ZiG devaluation forces government to cut budget spending

By Bloomberg News HARARE: Zimbabwe’s currency devaluation is forcing the government to cut spending on certain budget items. The country’s

Editor 6 November 2024 No Comment

Zimbabwe to hold talks on $21bn debt albatross this month

By Bloomberg HARARE: Zimbabwe will resume talks with creditors later this month to restructure $21 billion in external debt as

Editor 4 November 2024 No Comment

Zimbabwe’s tight monetary policy stance boosts ZiG, MPC member says

By Bloomberg Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is

Editor 18 October 2024 No Comment

Government undermining ZiG by overspending – says country’s biggest brokerage

By Bloomberg HARARE: Zimbabwe’s new gold-backed currency is likely being undermined by the state tapping the central bank for funding

Editor 18 October 2024 No Comment

Zimbabwe treasury secretary rules out exchange-rate convergence

By Bloomberg HARARE: Zimbabwe won’t allow the street rate of the ZiG to determine where its official rate should be