Zimbabwe's foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, ...

Zimbabwe wants its gold-backed currency to float freely on the foreign exchange market, the central bank's deputy governor ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the ...

Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is ...

Zimbabwe’s ZiG currency, launched in April 2024, has experienced a sharp decline in value, losing 100% in just five months.

The Africa Report Zimbabwe’s economic instability is deepening, deterring international investment and eroding confidence in ...

Spread This NewsBy Business Reporter RESEARCH and stockbroking firm, IH Securities has ranked the ZWG currency as the worst ...

For its part, the central bank will maintain tight monetary policy into the new year to control excess liquidity to support ...

In Zambia, where Delta associate unit Natbrew operates, severe challenges arising from the current drought, lower copper prices and currency volatility affected earnings potential. Power-supply ...

Zimbabwe stands at a critical juncture in its economic history and the resolutions from the recent ZANU PF 21st Annual National People's Conference reflect a proactive approach towards stabilising and ...

For the last one and half months, the nation has been eagerly waiting for a breakthrough regarding the world's biggest cash ...

The switch from the current system, where the central bank sets a daily price and permits incremental day-to-day changes, ...