Sunday Standard Pula juggles Rand weakness and Dollar gains Over the twelve months leading up to August 2024, Botswana’s Pula weakened by 3.9...
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Even before 2009, when the Zimbabwe dollar disappeared in a hyper-inflationary implosion, foreign currencies were used to pay for goods and services in most ordinary transactions in the country. In April 2009 the Government declared a basket of foreign currencies – the US dollar, the British pound, the South African Rand and the Botswana Pula – to be legal tender in Zimbabwe, which meant that foreign currencies could officially be used for all transactions.
Sunday Standard Pula juggles Rand weakness and Dollar gains Over the twelve months leading up to August 2024, Botswana’s Pula weakened by 3.9...
Jerry Chifamba The decision by President Mnangagwa and his progressive Second Republic to replace the Zimbabwe dollar with the Zimbabwe Gold (ZWG) in...
THE EDITOR: The Government is forcing issues once more in a very wanton manner, this time on "going cashless." Cash is a medium of exchange that...
Harare – The Zimbabwean economy is once again in a state of turmoil, with the Zimbabwe Gold currency (ZiG or ZWG) experiencing a dramatic decline,...
MASSY Holdings said it will continue to pay 276 foreign-resident shareholders in foreign currency for now, a circular to shareholders said on...
MASSY Holdings said it will continue to pay 276 foreign-resident shareholders in foreign currency for now, a circular to shareholders said on...
Zimbabwe’s monetary policy framework, coupled with the introduction of a stable currency, the Zimbabwe Gold [...]
Last week, the South African rand opened at R17.79 to the US dollar, fluctuating between R18.02 and R17.59, driven by economic data affecting both...
Last week, the South African rand opened at R17.79 to the US dollar, fluctuating between R18.02 and R17.59, driven by economic data affecting both...
Inflation is a common enemy to all; it is a relentless threat to the economic stability. Inflation is the most common problem in the struggling...