Finance

ZiG by force: After street money changers, government to target companies

By Bloomberg News HARARE: Zimbabwe plans to extend a crackdown that’s targeting street currency traders to companies to ensure goods
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Harare govt now wants mobile money services back – after blaming them for a currency

By Bloomberg News HARARE: Zimbabwe will allow mobile money agents, once blamed for fueling the collapse of its now defunct
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Companies face fines of up to US$15,000 for not using official ZiG exchange rate

By Bloomberg News Zimbabwe will penalize individuals and companies which don’t use the prevailing official foreign-exchange rate of its new
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Where is the ZiG? Locals say still getting sweets for change as new money hard

By AFP HARARE: Zimbabwe’s new gold-backed currency started circulating on Tuesday amid government hopes it could help stabilise the economy
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New ZiG currency enters circulation with withdrawal limits

By Reuters Zimbabwe’s new gold-backed currency came into general circulation on Tuesday amid promises by monetary authorities to keep the
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Zimbabwe’s inflation surges to 57.5 percent in April

By Agencies HARARE: Zimbabwe’s annual inflation rate to 57.5 percent in April 2024 on the back of mounting pressure on
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Zimbabwe holds rates steady at 20% in first meeting since ZiG debut

By Bloomberg news Zimbabwe’s central bank kept its benchmark interest rate unchanged at its first policy meeting since unveiling the
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Kenya President backs Zimbabwe’s radical revitalisation with ZiG currency

By Bloomberg BULAWAYO: Kenyan President William Ruto hailed Zimbabwe’s gold-backed currency as a potential driver of economic recovery in the
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FEATURE: ‘Triple spending’ – Zimbabweans bear cost of changing to new ZiG currency

Local businesses, transport and even government services are rejecting old notes despite the unavailability of new ZiG bills until the
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Zimbabwe enlists US help to remind banks that sanctions eased

By Bloomberg News Zimbabwe has asked the US to remind banks that Washington has recently eased some of its sanctions
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