Gold’s broken promise — When reserves fail to anchor currency
This is particularly more important in the case of Zimbabwe because gold reserves were the basis against, which the local currency was valued.
By Equity Axis
Feb. 21, 2025
Art to sell underutilised assets for capex
The company said the economic environment was expected to remain complex and challenging with constrained liquidity.
By Tatira Zwinoira
Feb. 19, 2025
Private sector reeling from excessive regulatory costs: CZI
The CZI Matabeleland Chapter president said discussions around improving financial inclusion were important, adding that the informal sector played a significant role in the economy.
By Nizbert Moyo
Feb. 13, 2025
Biting the hand that feeds you
The ZiG has lost about half of its value since April last year which may have jolted monetary authorities into action to build sufficient reserves.
By Newsday
Feb. 11, 2025
RBZ's injection of higher ZiG notes could trigger inflation
As regards to marginalised areas, he acknowledged that they needed to do some work to make sure that the ZiG spread to those areas.
By Tafadzwa Mhlanga
Feb. 7, 2025
Premium
Banks cut jobs as economy bites
According to official statistics, the total consumption poverty line for one person was ZiG1 255,78 last month.
By Blessed Ndlovu
Feb. 5, 2025
RBZ claims of ballooning gold reserves raise eyebrows
Zimbabwe introduced the gold-backed ZiG in April last year to replace the RTGS that had been battered by inflation.
By Blessed Ndlovu and Lee Musaidzi
Jan. 26, 2025
Address liquidity crisis, Mr Governor
Consequently, businesses are struggling to meet financial obligations and maintain operational efficiency.
By The Zimbabwe Independent
Jan. 24, 2025
What firms need to sustain
By the close of 2023, the currency crisis had deepened, with the parallel exchange rate of US$/ZWL reaching 10 500, while the auction rate lagged behind at a 72% discount.
By Kudakwashe Taimo
Jan. 17, 2025
Premium
New movement vows to stop Mnangagwa third term bid, throws weight behind Chiwenga
News
Feb. 16, 2025
