Zimbabwe economy

Harare, Zimbabwe (New Zimbabwe) – Zimbabwe’s Finance Ministry ignited public uproar after announcing a new 2% tax on all foreign currency transactions,…

In a significant turn of events, Zimbabwe’s innovative currency initiative, known as the ‘Zig,’ has played a pivotal role in curbing the…

Zimbabwe’s currency sees unprecedented depreciation in the parallel market, causing alarm at the highest levels of financial governance.

Zimbabwe introduces the ZiG currency, sparking debates on its potential to stabilize the economy. Critics voice concerns over its long-term effectiveness and underlying economic strategies.

In a decisive move that underscores Zimbabwe’s commitment to economic steadiness, President Emmerson Mnangagwa recently inspected the gold reserves at the Reserve…

Expert economist critiques Zimbabwe’s latest structured currency initiative. Stability doubted.

Critics argue the new RBZ Governor’s success hinges on political support, not just expertise. Without genuine reform, economic challenges like inflation may persist despite leadership changes.

Despite a continuous decline, Zimbabwe steadfastly plans to rejuvenate its local currency.

In a significant economic boost for Zimbabwe, global steel behemoth, Accelormittal, is now importing 45,000 tones of coke worth $10 million monthly.…

Zimbabwe’s retailers face acute shortages, battling an economy leaning towards full dollarization. The local currency’s decline triggers a pressing need for economic stability.