|  NEWS

Markets

Central bank governor stockpiles gold to boost ZiG

Zimbabwe’s new central bank governor, John Mushayavanhu is increasing the country's gold reserves to bolster the ZiG currency, measures that up to now have contributed to stabilising the exchange rate and curbing inflation.

Markets

Zimbabwe has $370m in reserves to back ZiG

The cash and mineral reserves backing Zimbabwe's new currency have now increased to around $370 million, up from $285 million over the past three months.

Economy

IMF forecasts 6% economic growth for Zimbabwe in 2025

Zimbabwe’s economy could reach 6% growth in 2025, according to the latest forecast by the International Monetary Fund (IMF), following the launch of the new gold-backed currency.

Markets

Central bank governor stockpiles gold to boost ZiG

Zimbabwe’s new central bank governor, John Mushayavanhu is increasing the country's gold reserves to bolster the ZiG currency, measures that up to now have contributed to stabilising the exchange rate and curbing inflation.

Markets

Zimbabwe has $370m in reserves to back ZiG

The cash and mineral reserves backing Zimbabwe's new currency have now increased to around $370 million, up from $285 million over the past three months.

Economy

IMF forecasts 6% economic growth for Zimbabwe in 2025

Zimbabwe’s economy could reach 6% growth in 2025, according to the latest forecast by the International Monetary Fund (IMF), following the launch of the new gold-backed currency.

Politics

Zimbabwe announces plans to apply for BRICS membership

Zimbabwe has stated it is set to formally apply for BRICS membership.

Economy

Zimbabwe seeks investment bank to bolster economic potential

Zimbabwe’s Minister of Finance, Economic Development, and Investment Promotion, Professor Mthuli Ncube, has urged investors to set up an investment bank in the country to capitalise on the numerous opportunities within the economy. 

Economy

Zimbabwe seeking reduction in $19bn debt values owed to creditors 

Zimbabwe is seeking significant reductions in the debt amounts owed to its creditors, which total $19.2 billion, as part of its efforts to restructure arrears that are burdening the economy.

Economy

Zimbabwe’s annual USD inflation up 3.5% in May

Annual inflation in Zimbabwe rose by 3.5% in USD terms during May, as per the Zimbabwe National Statistics Agency’s (Zimstat), first data for the new ZiG currency.

Markets

Zimbabwe to boost gold output to bolster ZiG currency

Zimbabwe is urging gold miners throughout the country to increase output to support the recently launched ZiG currency.

Economy

ZiG crackdown leads street traders to turn to WhatsApp

Street currency traders in Zimbabwe are shifting from their usual spots in city centres to messaging platform WhatsApp to avoid arrest

Markets

Zimbabwe to fine firms not using official ZiG exchange rate

Zimbabwe has announced it will impose penalties on individuals and businesses that do not use the prevailing official foreign-exchange rate of its new ZiG currency for transactions.

Business

Zimbabwe echoes commitment to boosting foreign investment

Zimbabwe has reiterated its commitment to increasing foreign investment following the recent easing of United States sanctions on the country.

Politics

Zimbabwe announces plans to apply for BRICS membership

Zimbabwe has stated it is set to formally apply for BRICS membership.

Economy

Zimbabwe seeks investment bank to bolster economic potential

Zimbabwe’s Minister of Finance, Economic Development, and Investment Promotion, Professor Mthuli Ncube, has urged investors to set up an investment bank in the country to capitalise on the numerous opportunities within the economy. 

Economy

Zimbabwe seeking reduction in $19bn debt values owed to creditors 

Zimbabwe is seeking significant reductions in the debt amounts owed to its creditors, which total $19.2 billion, as part of its efforts to restructure arrears that are burdening the economy.

Economy

Zimbabwe’s annual USD inflation up 3.5% in May

Annual inflation in Zimbabwe rose by 3.5% in USD terms during May, as per the Zimbabwe National Statistics Agency’s (Zimstat), first data for the new ZiG currency.

Markets

Zimbabwe to boost gold output to bolster ZiG currency

Zimbabwe is urging gold miners throughout the country to increase output to support the recently launched ZiG currency.

News from all categories

Markets

Central bank governor stockpiles gold to boost ZiG
Read article

Markets

Zimbabwe has $370m in reserves to back ZiG
Read article

Economy

IMF forecasts 6% economic growth for Zimbabwe in 2025
Read article

Politics

Zimbabwe announces plans to apply for BRICS membership
Read article

Economy

Zimbabwe seeks investment bank to bolster economic potential
Read article

Economy

Zimbabwe seeking reduction in $19bn debt values owed to creditors 
Read article

Economy

Zimbabwe’s annual USD inflation up 3.5% in May
Read article

Markets

Zimbabwe to boost gold output to bolster ZiG currency
Read article

Economy

ZiG crackdown leads street traders to turn to WhatsApp
Read article

Markets

Zimbabwe to fine firms not using official ZiG exchange rate
Read article

Business

Zimbabwe echoes commitment to boosting foreign investment
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Economy

Zimbabwe government urged to accept payments in ZiG
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Markets

Strong ZiG poses deflation risk, says central bank governor
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Markets

Zimbabwe unveils new gold-backed currency
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Economy

Zimbabwe Dollar falls to record low ahead of currency announcement
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Markets

Zimbabwe overhauls securities laws to boost investment
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Economy

World Bank urges Zimbabwe to boost formalisation
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Environment

Zimbabwe receives 13 projects within carbon credit initiative
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Economy

Zimbabwe’s 2024 growth forecast at 3.6%, says AfDB
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Markets

Steps to halt ZimDollar's decline on the way says President
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Zimbabwe Dollar plunges to new low
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Zimbabwean Dollar plummets 40% on black market
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Economy

President forecasts Zimbabwe's economy will turn around in 2024
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Markets

RBZ urges govt incentives on diaspora investments
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Economy

Zimbabwe’s annual inflation rises to 21.6% in November
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Business

Zimbabwe’s banking sector loses 75% of jobs since 2000
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Economy

Zim Dollar stability to take priority in 2024 budget
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Markets

Zimbabwe’s economy to grow 4.8% in 2023: IMF
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Economy

Zimbabwe seeks IMF staff-monitored programme by April
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Economy

RBZ unveils gold-backed digital currency
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Economy

Zimbabwe keeps key rate unchanged at 150%
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Politics

Zimbabwe’s new Cabinet facing uphill battle, says ZCPD leader
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Politics

Zimbabwe's President Mnangagwa sworn in for second term
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Politics

Zimbabwe's President Mnangagwa denies election fraud
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Business

Zimbabwe banks profitable in H1 2023
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Markets

Zimbabwe aims to clear overseas debt by end of 2025
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Politics

Zimbabwe commits to free and fair elections in August
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Economy

Opposition party leader vows economic prosperity in campaign launch
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Markets

Zimbabwe’s inflation rises to 176% in June
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Economy

Zimbabwe’s inflationary pressures to ease by end of June: CZI
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Economy

Zimbabwe fears return to hyperinflation
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Economy

Finance minister unveils new measures to stabilise economy
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Economy

SA president unveils support for Zimbabwe’s reforms to resolve debt
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Markets

EU backs Zimbabwe’s economic stability steps
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Economy

Business sector fears grow over price controls
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Economy

RBZ to launch gold-backed digital currency
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Economy

Zimbabwe economic growth at 2.5% in 2023: IMF
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Business

SecZim launches innovation hub to boost fintech integration
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Business

“Number of issues” remain before local businesses join AfCFTA
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Politics

Zimbabwe’s army and police awarded 400% pay rise
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