Al Jazeera on MSN15h
Zimbabwe’s gold-backed currency loses half its value: Why and what’s next?Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence.
Daily Maverick on MSN1d
ZIG’s devaluation reflects Zimbabwe’s state of perpetual crisisA vicious cycle of currency failure, policy inconsistency and short-term fixes has battered investor and citizen confidence.
The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the official exchange rate from 13.9 ...
Spread This NewsThe Conversation The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the ...
Spread This NewsBy Staff Reporter THE case involving former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono turned ...
THE Reserve Bank of Zimbabwe (RBZ) says the quantum of gold backing up the ZWG has increased to US$450 million on the back of calls for citizens to be calm ahead of strengthening stability in the ...
Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and steps were ...
SAA is fighting back against the claim for unpaid fees and has informed Zimbabwe’s finance department that this is seen as “a malicious and unnecessarily disruptive action” by the environment ministry ...
Measures A benchmark policy rate is the RBZ's key lending rate, which it uses to regulate the economy's availability, cost, ...
The Reserve Bank of Zimbabwe (RBZ) says financial inclusion is a significant catalyst and essential contributor to financial sector stability and inclusive economic growth. Speaking at the 2024 ...
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