Finance

Zimbabwe threatens stiffer penalties for businesses manipulating new ZiG currency

By Business Report Zimbabwean businesses adjudged to be manipulating the new ZiG currency face new stiffer penalties while they are
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AfDB puts Zimbabwe reform-funding gap at $3.7 billion annually

By Bloomberg HARARE: Zimbabwe needs to come up with $3.7 billion annually through the end of the decade if it
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BUDGET REVIEW: Treasury announces measures to force demand for ZiG currency

By Bloomberg News HARARE: Zimbabwean Finance Minister Mthuli Ncube announced new measures to help spur demand for the nation’s bullion-backed
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Zimbabwe will stick to promises to build trust in new currency, central bank chief says

By Nyasha Chingono I Reuters HARARE: Zimbabwe’s government will stick to what it promised when it launched a new currency
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Remittance firms fly plane-loads of cash into Zimbabwe to meet demand for US dollars

By Bloomberg News At least once a month — and sometimes as often as three times a week — a
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Zimbabwe bankers back plan to adopt ZiG as sole currency before 2030

By Bloomberg News HARARE: Zimbabwe’s banks support adopting the ZiG as the nation’s sole currency before the current target date
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RBZ says USD reserves backing new currency increase $370 million from $285 million

By Bloomberg HARARE: Cash and mineral reserves backing Zimbabwe’s new currency have risen to approximately $370 million from $285 million
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Zimbabwe consumer prices steady in June as ZiG calms inflation

By Bloomberg News Zimbabwe’s monthly consumer prices were unchanged as the nation’s stable bullion-backed currency helped put a lid on
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IMF says Zimbabwe’s ZiG currency has ended bout of instability

By Bloomberg The International Monetary Fund says the introduction of a bullion-backed currency by Zimbabwe in the second-quarter of this
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Old Mutual studying Zimbabwean proposal over shares frozen since 2020

By Bloomberg News Old Mutual Ltd. is studying a proposal to give holders of its Zimbabwean stock an option to
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