War, corruption, economic sanctions and misguided policies have left the country unable to find a stable financial footing Source: Zimbabwe’s...
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War, corruption, economic sanctions and misguided policies have left the country unable to find a stable financial footing Source: Zimbabwe’s Seemingly Endless Currency Crisis – New Lines Magazine John Mushayavanhu, governor of the Reserve Bank of Zimbabwe, presents the new national currency Zimbabwe Gold. (Columbus Mavhunga/Picture Alliance via Getty Images) One winter morning in 2008, […]
War, corruption, economic sanctions and misguided policies have left the country unable to find a stable financial footing Source: Zimbabwe’s...
War, corruption, economic sanctions and misguided policies have left the country unable to find a stable financial footing
Less than six months after its launch, Zimbabwe’s gold-backed currency, the ZiG, has suffered a dramatic devaluation, losing over 40% of its value...
Less than six months after Zimbabwe launched yet another new currency, it was forced to devalue it, signalling new challenges for the Southern African...
A vicious cycle of currency failure, policy inconsistency and short-term fixes has battered investor and citizen confidence. By Ringisai...
WASHINGTON DC – As Zimbabwe’s economic challenges continue to deepen, John Mushayavanhu, the country’s central [...]
Zimbabwe’s consumer inflation surged to 37.2% month on month in October in local currency terms, data showed on Friday, after a sharp devaluation in...
Six months in, the gold-backed ZiG touted as a solution to the currency crisis is struggling to win confidence. Source: Zimbabwe’s gold-backed...
The Reserve Bank of Zimbabwe (RBZ) has affirmed that the Zimbabwe Gold (ZiG) currency remains legal tender and will continue to strengthen its use and...
HARARE – The Reserve Bank of Zimbabwe (RBZ) has issued a public notice clarifying the legal [...]