Zimbabwe's gold-backed ZiG currency fell more than 40% against the U.S. dollar on the interbank market from Thursday to ...

Zimbabwe is said to have devalued its new gold-backed ZiG currency by 44% against the U.S. dollar, Bloomberg News reported on ...

Zimbabwe sold its gold-backed currency to banks at 44% less than the prevailing rate against the dollar Friday, according to ...

Spread This NewsBloomberg Zimbabwe’s latest attempt to introduce a new currency is coming undone, just five months after ...

Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG amid deep skepticism that the nation’s latest bid to create a viable local unit ...

Zimbabwe is celebrating recent access for its avocados into China, but it is not the only segment on the rise, with its blueberry industry gearing up for rapid expansion.

Zimbabwe's central bank allowed the local gold-backed currency to fall over 40% against the dollar on Friday and hiked its policy rate, giving in to weeks of sustained pressure on the currency which ...

Spread This NewsBy Gilbert Muponda An emerging market economy such as Zimbabwe and Sub-Saharan Africa which have limited ...

The ZiG, backed by the nation’s gold and hard-currency reserves, was adopted in early April, replacing the Zimbabwean dollar, ...

Representatives of both nations delivered a message of support at the homecoming ceremony of freedom fighters who died while ...

On April 5, the ZiG replaced the Zimbabwean dollar, which depreciated more than 80% against the dollar in 2024 and lost value ...

A 34-year-old Glen View man who masqueraded as a police officer was arrested for giving a false name, identification number, and home address to the police.