Zimbabwe’s RBZ delays introducing ZiG50 and ZiG200 notes to prevent inflation, aiming for economic stability but facing challenges with currency shortages.
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Zimbabwe economy
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In rural Hurungwe, Zimbabwe’s new ZiG currency remains largely unseen, as villagers continue relying on US dollars and barter systems.
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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 …
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Zimbabwe’s retail and wholesale sectors face growth challenges due to El Niño, impacting demand and food security.
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Zimbabwe enlists the RBZ’s Financial Intelligence Unit to curb illegal exchange rate activities, aiming to stabilize the local currency and economy.
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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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Zimbabwe introduces its new gold-backed currency, ZiG, transitioning the national budget to stabilize the economy and restore monetary confidence.
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Harare, Zimbabwe (New Zimbabwe) – Zimbabwe’s Finance Ministry ignited public uproar after announcing a new 2% tax on all foreign currency transactions, …
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In a significant turn of events, Zimbabwe’s innovative currency initiative, known as the ‘Zig,’ has played a pivotal role in curbing the …
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Zimbabwe’s currency sees unprecedented depreciation in the parallel market, causing alarm at the highest levels of financial governance.