Finance

Zimbabwe’s annual inflation rises to 47.6pc in March

By Xinhua HARARE: Zimbabwe’s annual inflation rose to a seven-month peak of 55.3 percent in March from 47.6 percent in
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Zimbabwe to keep local dollar despite losses, revamp plans, Ncube says

By Bloomberg News Zimbabwe plans to keep its local dollar, a currency that has lost value every single trading day
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Battered Zimbabwe currency falls past 20,000 to the USD at official trade; black market rate

By Bloomberg News HARARE: In less than two months, the Zimbabwean dollar has breached another significant threshold, dropping below 20,000
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Loaf of bread now costs Z$19,357 as ZimDollar sinks; currency has lost 68% this year

By Bloomberg News Nation plans launch of structured currency with gold standard Central bank avoids intervention despite sinking currency Zimbabwe,
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WORLD BANK: Zimbabwe needs predictable policy to support currency; ZimDollar down 60% this year

By Reuters Zimbabwe needs to make its fiscal and monetary policy more predictable to instil confidence in its depreciating currency,
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UNITED STATES: Pennsylvania burglar makes off with 20 trillion ZimDollar bills

By Agencies & Staff Reporter UNITED STATES: Police have revealed that a suspect made off with a 16-figure haul after
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Ghana president replaces finance minister in reshuffle

By Reuters ACCRA: Ghana‘s president has replaced finance minister Ken Ofori-Atta in a cabinet reshuffle after criticism of the ex-banker’s
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IMF says Zimbabwe should speed up currency reforms

By Reuters The International Monetary Fund (IMF) on Wednesday encouraged Zimbabwe to speed up currency reforms at the end of
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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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