Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) ...

Harare,— Zimbabwe’s foreign currency reserves supporting the Zimbabwe Gold (ZiG) currency have surged past US$500 million, a ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the ...

Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is ...

Zimbabwe’s foreign-currency reserves have risen to $509 million as companies liquidate their foreign-currency positions, ...

Zimbabwe wants its gold-backed currency to float freely on the foreign exchange market, the central bank's deputy governor ...

Despite a sharp devaluation of Zimbabwe’s gold-backed currency and surging inflation, Finance Minister Mthuli Ncube remains ...

Zimbabwe’s ZiG currency, launched in April 2024, has experienced a sharp decline in value, losing 100% in just five months.

The recent closure of once-thriving retail outlets due to the economic meltdown, driven by currency depreciation, has ...

Despite the adversities, group revenue for the period under review rose by 11% to $389m, with pre-tax profits at $55. 8m, ...

Zimbabwe stands at a critical juncture in its economic history and the resolutions from the recent ZANU PF 21st Annual National People's Conference reflect a proactive approach towards stabilising and ...

The switch from the current system, where the central bank sets a daily price and permits incremental day-to-day changes, ...