Economy - - Page 30

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

Editor 6 April 2024 No Comment

‘Bond note by another name’ – Chamisa says new ZiG currency doomed to fail

By Staff Reporter OPPOSITION politician Nelson Chamisa has warned that the newly introduced Zimbabwe Gold (ZiG) currency as doomed to

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

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

CEO: African banks expected to fund Caledonia’s new $250m Zimbabwe mine

By Reuters African development banks are seen as the most likely funders of Caledonia Mining Corporation’s planned $250 million gold

Editor 30 March 2024 No Comment

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

Editor 27 March 2024 No Comment

PPC’s Zimbabwe business flourishes while South African, Botswana businesses flounder

By engineeringnews.co.za Revenue growth in cement producer PPC’s South Africa and Botswana cement businesses was driven by price increases during the ten months ended January 31,

Editor 27 March 2024 No Comment

Kenya president to headline Zimbabwe trade fair in April

APA News Kenya’s President William Ruto is set to officially open the 2024 Zimbabwe International Trade Fair (ZITF) scheduled to

Zimbabwe's finance minister Prof Mthuli Ncube

Editor 25 March 2024 No Comment

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

Editor 22 March 2024 No Comment

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