Zimbabwe battles soaring inflation, eroding livelihoods, fueling poverty, and demanding urgent economic reforms for stability.
Zimbabwe inflation
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Zimbabwe’s foreign-currency reserves rose to $509 million as demand for the local currency, ZiG, surged, fueled by high interest rates and limited liquidity.
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Zimbabwe’s Inflation Surge: The Impact of Currency Devaluation on Everyday Life
Zimbabwe’s currency devaluation has led to soaring inflation, affecting everyday life and local businesses. Learn about the impacts and solutions for economic stability.
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Mthuli Ncube reassures Zimbabweans amid the Zimdollar’s decline, citing US$10 billion in foreign reserves to stabilize the economy and maintain financial stability.
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Zimbabwe’s recently introduced ZiG currency has faced rejection from supermarkets, vendors, and transport operators after a surprising 43% devaluation by the Reserve Bank of Zimbabwe
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Zimbabwe civil servants, ILO complaint, wage dispute, Artuz, Zimbabwe inflation
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Following a 700% devaluation of the Zimdollar, Zimbabwean workers demand wages that accurately reflect the skyrocketing cost of living.
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Amid soaring inflation and a worsening food shortage, Zimbabweans call for systemic reform and a return to governance that genuinely serves the nation’s needs.
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Zimbabwe’s annual inflation rate has made headlines once again, standing at a surprising 18.4% in September. This comes despite the Zimbabwe National…