Finance - - Page 3

Editor 8 April 2025 No Comment

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

Editor 6 April 2025 No Comment

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

Editor 20 March 2025 No Comment

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

Editor 2 March 2025 No Comment

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

Editor 18 February 2025 No Comment

Zimbabwe’s biggest retailer calls for free-float of the ZiG currency

By Moneyweb OK Zimbabwe, the southern African nation’s biggest supermarket chain, called on the authorities to free-float the exchange rate

Zimbabwe's finance minister Prof Mthuli Ncube

Editor 12 February 2025 No Comment

Zimbabwe isn’t yet ready for a sole currency, finance chief says

By Bloomberg News Zimbabwe’s Finance Minister Mthuli Ncube said the southern African nation needs to regain access to credit lines

Editor 26 January 2025 No Comment

Zimbabwe to keep monetary policy tight to help foundering ZiG

By Godfrey Marawanyika, Bloomberg Zimbabwe’s central bank will keep a tight monetary policy stance this year to support its currency

Editor 25 January 2025 No Comment

How serious is Mozambique’s financial crisis?

By Reuters Mozambique’s international bonds tumbled earlier this week after a news report that the new government in Maputo is weighing

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