Finance - - Page 2

Editor 1 October 2024 No Comment

Bankers warn RBZ after massive ZiG devaluation; say ‘people lose out’ from big shocks

By Reuters HARARE: Zimbabwe’s bankers on Tuesday warned the central bank about the impact of any future shocks to the

Editor 1 October 2024 No Comment

Zimbabweans reject ZiG currency after 40% devaluation

By Agencies HARARE: Merchants, public transport operators, and other institutions are rejecting the Zimbabwe Gold (ZiG) after the reserve bank devalued

Editor 27 September 2024 No Comment

RBZ devalues new ZiG currency 44% against USD; bows to market pressure

By Bloomberg News Zimbabwe’s bullion-backed currency has slid past 14 per dollar, its weakest level on the official market since

Editor 25 September 2024 No Comment

OUT OF HIS DEPTH? Zimbabwe currency shock is RBZ boss first taste of chaos

By Bloomberg News HARARE: Zimbabwe’s latest attempt to introduce a new currency is coming undone, just five months after initially being

Editor 24 September 2024 No Comment

Zimbabwe’s biggest retailers warn of store closures over exchange rate

By Reuters HARARE: Top Zimbabwean retailers have warned of potential store closures if the government insists on the use of

Editor 22 September 2024 No Comment

Zimbabwe central bank mulls more measures to protect struggling ZiG currency

By Bloomberg News HARARE: Zimbabwe’s central bank governor John Mushayavanhu said he will consider using the country’s reserves to protect

Editor 19 September 2024 No Comment

New ZiG currency loses 80% value since launch; officials say too early to write it

By Reuters HARARE: Five months after its launch, Zimbabwe’s new currency is under pressure as increased grain imports eat away

Editor 17 September 2024 No Comment

World Bank says Zimbabwe needs economic stability to advance debt talks

By Bloomberg News HARARE: Zimbabwe needs an uninterrupted period of macroeconomic stability of at least 12 months to help advance

Editor 10 September 2024 No Comment

Zimbabwe’s ZiG currency suffers longest losing streak against dollar

By Bloomberg News HARARE: Zimbabwe’s bullion-backed currency is experiencing its longest run of losses against the dollar since it started

Editor 6 September 2024 No Comment

Despite crackdown, Zimbabwe’s new ZiG currency is crumbling too, just four months later

By News24.com The Zimbabwe Gold currency launch in April has lost half its value, according to the black market. Retailers