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Zimbabwe's plan to make ZiG sole currency faces sharp criticism
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has recently suggested making the local currency, the Zimbabwe Gold coin (ZiG), the sole legal tender in the country. Despite Mushayavanhu's c...Published: 20 hrs ago | 806 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 351 | by Tendai Ruben Mbofana
Why Zimbabwe should break free from the US dollar's grip
Government Up Close"Normalcy is that a country must have its own currency," President Mnangagwa is on record highlighting this fact.Some people have argued that one of the gravest fina...Published: 11 Jul 2024 at 14:10hrs | 65 | by Nick Mangwana
Reserves backing Zimbabwe's ZiG shoot to US$370 million
Prices of goods and services in Zimbabwe are expected to remain stable, thanks to increased cash and mineral reserves backing the new currency, Zimbabwe Gold (ZiG). These reserves have risen from US$2...Published: 07 Jul 2024 at 10:34hrs | 90 | by Staff reporter
Zimra sabotaging ZiG, says MP
Legislator Discent Bajila of the Citizens Coalition for Change (CCC) criticized the Zimbabwe Revenue Authority (Zimra) for allegedly undermining confidence in the Zimbabwe Gold (ZiG) currency.&nb...Published: 27 Jun 2024 at 06:57hrs | 5 | by Staff reporter
RBZ changes local currency international code
The Reserve Bank of Zimbabwe (RBZ) has announced that the country’s international currency code is now ZWG. This is after the introduction of the new currency Zimbabwe Gold or ZiG in Apri...Published: 26 Jun 2024 at 20:06hrs | 6 | by Erick Matotoba
From Trump to Biden, it is getting 'more worse!'
In black English, former president Donald Trump was a lunatic, a loud-mouthed New Yorker, whose mouth was unfiltered, a thoroughly "worse guy". If that is so, US president Joe Biden (lovin...Published: 07 May 2023 at 19:35hrs | 4 | by Kenneth Mufuka
The latest risks & opportunities in the cryptocurrency market
The cryptocurrency markets never stand still. For some, that is their greatest feature, but for others, it's what stands in the way of mass adoption of alternative currencies. What are the latest risk...Published: 28 Apr 2022 at 16:20hrs | 26 | by Staff Writer
Pfumvudza, bond notes: Mnangagwa's saviour
THE gigantic lake TugwiMukosi is spilling. This is a rare phenomenon for a water body so big to spill less than four years after commissioning.It holds a promise that is too big to hide or ign...Published: 20 Feb 2021 at 08:55hrs | 2 | by Paidamoyo Muzulu
Zimbabwe where people's pensions have disappeared
Retired couple Teddie and Vesta always imagined they would live out their golden years with dignity.He is 85, and served one company for 46 years as a cleaner, eventually rising to become a re...Published: 13 Aug 2019 at 07:55hrs | 2 | by Shingai Nyoka BBC Africa, Harare
NMB Bank partners World Remit, Small World
NMB Bank has partnered with global money transfer agents World Remit and Small World Financial Services to provide further options for Zimbabweans wanting to receive money from other countries....Published: 01 Jun 2018 at 14:18hrs | 3 | by Agencies
MLF calls on Ramaphosa to help with arrest of Mnangagwa
The Hon Cyril RamaphosaDeputy President of the Republic of South AfricaAfrican National Congress Presidential CandidateDear Sir,The People of Matebeleland (Mthwakazi) in presen...Published: 20 Nov 2017 at 09:42hrs | | by Andrea Sibanda, Secretary General
Zimbabwe hyperinflates again for a second time in less than a decade
In 2008, Zimbabwe suffered the second most severe episode of hyperinflation in recorded history. Zimbabwe's annual inflation rate peaked in November 2008, reaching 89.7 sextillion (10^23) percent. Wel...Published: 30 Oct 2017 at 05:11hrs | 3 | by Authored by Steve H. Hanke of the Johns Hopkins University.
Scaling up Development Finance
SYDNEY and KUALA LUMPUR - The Business and Sustainable Development Commission has estimated that achievement of Agenda 2030 for the Sustainable Development Goals will require US$2-3 trillion of additi...Published: 05 Sep 2017 at 20:04hrs | 1 | by Anis Chowdhury and Jomo Kwame Sundaram
Govt at odds over rand adoption
President Robert Mugabe's administration is at odds over proposed currency reforms, with divergent views emerging about adopting the South African rand as Zimbabwe's anchor currency.Fiscal and...Published: 14 May 2017 at 15:56hrs | | by Staff reporter
China plotting new International currency for Zimbabwe?
COLOGNE– In what appears to be a carefully calculated political move set to crystallize China's influence in Africa and Harare, Beijing is reportedly plotting to help President Robert Mugabe's admin...Published: 07 Oct 2016 at 07:18hrs | 4 | by Itai Mushekwe
Zimbabwe: New Year, Old Thinking
2016 arrived nine days ago. Or so we allege. As before, and before, on New Year the sun still rose from the east, still set in the west. The clock - not time - ticked as before, giving us an illusion ...Published: 09 Jan 2016 at 07:13hrs | | by Nathaniel Manheru
Zimbabwe to use Chinese Yuan early next year
Zimbabwe could start using the Chinese yuan alongside the United States dollar as early as 2016, with the Reserve Bank of Zimbabwe and People's Bank of China already finalising modalities, The Sunday ...Published: 20 Dec 2015 at 09:30hrs | 1 | by Staff Reporter
Zimbabweans sceptical over new currencies
BULAWAYO residents have expressed mixed feelings and concern over the introduction of more currencies into the local multi-currency basket.Speaking to ...Published: 11 Feb 2014 at 07:06hrs | 1 | by Business Reporter
The American Gov's dollar reign is near an end
The single most astonishing fact about foreign exchange is not the high volume of transactions, as incredible as that growth has been. Nor is it the volatility of currency rates, a...Published: 03 Mar 2011 at 10:12hrs | 1 | by Barry Eichengreen
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