Finance

Zimbabwe central bank accumulates almost a ton of gold reserves

By Bloomberg HARARE: Zimbabwe’s central bank accumulated 793 kilograms (25,000 ounces) of gold reserves since introducing a law that compels
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After 40% ZimDollar Collapse: Govt says to link exchange rate to hard assets, create currency

By Reuters HARARE: Zimbabwe is working on new measures to stabilise its local currency including linking the exchange rate to
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South African rand steady as focus shifts to government’s budget

By Reuters South Africa’s rand was little changed in early trade on Friday, after President Cyril Ramaphosa gave little detail
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Zimbabwe looks at yet another plan to rescue sinking local currency

By Bloomberg News HARARE: Zimbabwe is considering overhauling its exchange-rate regime as the government seeks new measures to save its
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Mnangagwa hints at measures to revamp free-falling Zimbawbe dollar

By Bloomberg News HARARE: President Emmerson Mnangagwa hinted that the authorities will soon announce steps to halt a plunge in
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Zimbabwe’s annual inflation rises to 34.8pc in January

By Xinhua HARARE: The annual inflation rate in Zimbabwe accelerated to 34.8 percent in January from 26.5 percent in December
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ZimDollar crashes: Anyone with US$100 now a millionaire in local-currency terms

By Bloomberg News HARARE: A fresh plunge in the value of the Zimbabwean dollar means that everyone in the country
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Zimbabwe to host UN conference of African finance ministers

By Xinhua Zimbabwe will host the 56th session of the United Nations Economic Commission for Africa (UNECA) Conference of African
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Zimbabwe prepares fresh measures to steady wobbling Zimdollar

By Agencies HARARE: Faced with a weakening currency and speculative pressures, the Zimbabwean government is poised to unveil a cocktail
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RBZ holds interest rates meeting as currency tanks; ZimDollar down 40% on black market

By Bloomberg News HARARE: Zimbabwe’s central bank will hold its first rate-setting meeting of the year next Monday as it
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