Zimbabwe’s central bank has significantly bolstered its foreign exchange reserves, providing a much-needed buffer for the country’s recently introduced currency, the Zimbabwe Gold (ZiG). This increase in reserves aims to address concerns about stability and confidence in the new currency.
economic reform
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Zimbabwe introduces a new currency, leading to a significant drop in monthly inflation and an increase in its value against the US dollar, offering hope for economic stability.
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Zimbabwe commits to debt settlement and economic reforms to boost growth, says President Mnangagwa at the Annual Mining Conference.
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Amidst mounting concerns over underperformance within his cabinet, President Emmerson Mnangagwa of Zimbabwe has initiated a mini-reshuffle, reassigning three key ministers. The…
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Zimbabwe, often associated with hyperinflation, is witnessing a drastic fall in its currency value. The nation’s local dollar has been weakening against…
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Zimbabwe’s employment crisis deepens, with less than half the working-age population employed, signaling an urgent need for comprehensive economic reform.
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Zimbabwe’s Currency Crisis Zimbabwe is facing a bleak economic outlook as it enters 2024, with a widening gap between the official and…