Zimbabwe's Treasury has revealed that the forthcoming 2025 national budget will focus on enhancing resilience to support structural economic transformation and build upon the advancements
Zanu-PF passes resolution to adopt ZiG as sole currency in Zimbabwe
Zimbabwe’s ruling party has approved a resolution to establish the bullion-backed ZiG currency as the nation’s only legal tender, gradually eliminating the use of US Dollars.
Zimbabwe’s mine workers demand urgent cost of living adjustments
The National Employment Council (NEC) for Zimbabwe’s mining industry has received a petition urging immediate cost of living adjustments to miners' salaries.
Zimbabwe's Treasury has revealed that the forthcoming 2025 national budget will focus on enhancing resilience to support structural economic transformation and build upon the advancements
Zanu-PF passes resolution to adopt ZiG as sole currency in Zimbabwe
Zimbabwe’s ruling party has approved a resolution to establish the bullion-backed ZiG currency as the nation’s only legal tender, gradually eliminating the use of US Dollars.
Zimbabwe’s mine workers demand urgent cost of living adjustments
The National Employment Council (NEC) for Zimbabwe’s mining industry has received a petition urging immediate cost of living adjustments to miners' salaries.
Retailers say use of exchange rate is harming competitiveness
Leading retailers in Zimbabwe have cautioned that they may be forced to shut down stores if the government continues to mandate the use of an official exchange rate they believe is inflated and harming their ability to compete.
Zig currency faces challenges 5 months after launch
Five months after its introduction, Zimbabwe's new currency is facing challenges as rising grain imports deplete foreign reserves, jeopardising the government's goal of making it the sole currency in circulation by 2026.
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.
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.
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.
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.
Retailers say use of exchange rate is harming competitiveness
Leading retailers in Zimbabwe have cautioned that they may be forced to shut down stores if the government continues to mandate the use of an official exchange rate they believe is inflated and harming their ability to compete.
Zig currency faces challenges 5 months after launch
Five months after its introduction, Zimbabwe's new currency is facing challenges as rising grain imports deplete foreign reserves, jeopardising the government's goal of making it the sole currency in circulation by 2026.
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.
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.
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