President Mnangagwa commits mining royalties to support Zimbabwe’s currency and warns against parallel market activities amid ongoing economic reforms.
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economic stability
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The World Bank emphasizes that Zimbabwe needs at least 12 months of economic stability to advance discussions on restructuring its $21 billion debt.
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Zimbabwe’s national debt has reached $20.5 billion, driven by local borrowing, impacting economic stability. The government plans debt restructuring to manage the crisis.
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Finance Minister Mthuli Ncube delivers a tight 2024 Mid Term Budget Review, promoting the ZiG currency for economic stability and growth.
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Zimbabwe carefully manages its new ZWG currency to maintain value, addressing economic concerns and preventing inflation.
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Zimbabwe’s central bank projects a 5% annual inflation rate by year-end with the introduction of a new currency, aiming to stabilize the troubled economy and restore confidence
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An IMF delegation will visit Zimbabwe to evaluate the impact of the new ZIG currency on the economy, focusing on inflation, foreign exchange stability, and growth.
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In a bid to curb inflation and stabilize the economy, Zimbabwe’s Finance Minister, Mthuli Ncube, has announced hefty fines for traders who…
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RBZ clamps down on supermarkets overcharging with unofficial exchange rates to stabilize ZiG currency and boost Zimbabwe’s economy.
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Zimbabwe’s government is taking a firm stance against black market currency traders, accusing them of manipulating the exchange rate of the country’s…
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