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Editor 19 April 2024 No Comment

Zimbabwe expects IMF programme in third quarter after currency changes

 By Reuters Zimbabwe’s Finance Minister Mthuli Ncube said on Friday that a staff-monitored programme with the International Monetary Fund would
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Editor 18 April 2024 No Comment

Illegal moneychangers back on streets after brief disappearance; ZiG rate down to 20 on black

By Xinhua HARARE: Zimbabwe’s illegal money changers are back on the streets after a brief hiatus following the introduction of
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Editor 14 April 2024 No Comment

ZiG currency surges in first week of trading amid market skepticism

By Xinhua HARARE: Zimbabwe’s newly launched gold-backed currency, known as the Zimbabwe Gold (ZiG), has hit the ground running, gaining
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Editor 9 April 2024 No Comment

Zimbabwe’s new ZiG currency strengthens on second day of trading

By Bloomberg Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide
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Editor 9 April 2024 No Comment

ZiG enters gangster economy amid roaring inflation – what could go wrong?

By Ed Stoddard I Daily Maverick Take a failed mafia state, a gangster economy and roaring inflation, and attempt to
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RBZ governor John Mushayavanhu
Editor 8 April 2024 No Comment

ZiG money officially debuts in Zimbabwe’s sixth effort at a revamped currency

By Bloomberg News Stock exchange rebases share prices to new currency, says ceo Parallel market cut off as banks, mobile
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Editor 7 April 2024 No Comment

ZIG ZAG: Central bank says new ZiG notes only available by April 30 amid banking

By Business Reporter THE Reserve Bank of Zimbabwe (RBZ) issued a statement late Saturday saying the ZiG notes and coins
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New ZiG Currency
Editor 7 April 2024 No Comment

Banking chaos over new currency; ZimSwitch, EcoCash services unavailable

By Bloomberg News HARARE: Banking was disrupted across Zimbabwe as lenders rushed to convert all Zimbabwe dollar account balances to
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Editor 5 April 2024 No Comment

Zimbabwe launches gold-backed new ZiG currency to replace battered local dollar

By Associated Press HARARE: Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has
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Editor 5 April 2024 No Comment

Zimbabwe dollar down 73% this year; second worst performing currency after Lebanese pound

By Bloomberg News Zimbabwe’s currency plunged to yet another record low as citizens rushed to the safety of the US
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