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While Zimbabwean monetary authorities claim the local currency, ZiG – which has lost more than 49% of its value since its launch in April – has...
Zimbabwe's local currency, ZiG, purportedly backed by gold and adequate foreign currency reserves, has now become an unintended catalyst for economic deterioration
Zimbabwe's 2024 national budget, initially formulated using the now defunct yet another version of the Zimbabwe dollar as legal tender, has been converted from ZW$58.2 trillion...
ECONOMISTS say the newly introduced Zimbabwean Gold (Zig) has helped stabilise domestic trade although it is too early to judge currency stability in the long run...
“The product improvement projects that we are undertaking are really aimed at various aspects of the hotel. Remember, this hotel was launched in 1985 and ever...
PRESIDENT Emmerson Mnangagwa says Zimbabwe is now ready to join the Brics grouping as it has a stable currency, but economic analysts argue that the country...
ZIMBABWE’S mining sector growth slowed down to 4.8% in 2023 from 10% in 2023 as weakening commodity prices continued to hurt the capital-intensive sector, latest figures...
PLANS by Treasury to beef up the Financial Intelligence Unit and the police as Zimbabwe turns to Gestapo-style tactics to defend the value of the domestic...
BASIC commodities are continuing to soar after the introduction of the Zimbabwe Gold (ZiG) currency last month, with large retail outlets flouting the official bank rate,...
ZIMBABWEAN workers marked the International Workers’ Day on 1 May without pomp and fanfare amid biting economic hardships, with trade union leaders pressing the government to...
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