Finance

Zimbabwe says gold-backed currency stable but investor doubts persist

By Reuters HARARE: Zimbabwe’s gold-backed currency now has more than 100 percent reserve cover and is stable, according to the
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IMF wants Zimbabwe’s gold-backed ZiG to become sole currency

By Bloomberg News The International Monetary Fund said it would like to see the ZiG “fully becoming a national currency,”
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Rich countries cagey about Zimbabwe’s $2.6 billion bridge financing appeal – Harare already owes them

By Agencies Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in
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RBZ revives gold coin sales to strengthen currency reserves

By Agencies Zimbabwe’s central bank has resumed issuing gold coins, a program it halted nearly a year ago, in an
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Zimbabwe’s Ncube among Africa’s Top 25 Finance Leaders

By APA-Harare Zimbabwe’s Finance Minister Mthuli Ncube has been named among the Top 25 African Finance Leaders for 2025, a
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Zimbabwe’s ZiG currency risks extinction stoked by policy choices

By Ray Ndlovu / Bloomberg HARARE: Zimbabwe’s bullion-backed currency is heading for failure because policy mistakes have pushed it to the sidelines,
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Zimbabwe’s reserves backing the ZiG currency rise to $629m

By Bloomberg Gold and foreign currency reserves backing Zimbabwe’s bullion-linked unit have risen more than twofold since its introduction a
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Zimbabwe’s plan to drop the dollar is faltering on ZiG crunch

By Bloomberg News HARARE: A liquidity crunch in Zimbabwe is deepening the economy’s embrace of the US dollar and undermining
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Old Mutual’s O’mari hits 1.3m users in Zimbabwe fintech push

By Agencies Old Mutual’s fintech platform, O’mari, has rapidly gained traction in Zimbabwe, attracting 1.3 million customers since its launch. This success highlights
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Zimbabwe could clear arrears with bold reforms, World Bank says

By Bloomberg News Zimbabwe could clear its arrears and rework $21 billion in debt that’s kept it locked out of
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