Mines minister’s job on the line over ZiG
The ZiG currency was adopted due to the massive depreciation of the Zimdollar that depreciated by over 700% last year, and more than 250% in the first quarter.
By Tatira Zwinoira
May. 6, 2024
Mushayavanhu’s last chance saloon
RBZ had three weeks to put its house in order and the failure to smoothly roll out the ZiG notes and coins will have disastrous consequences.
By Newsday
Apr. 30, 2024
Interest rates seen tumbling below 20%
RBZ deputy governor Innocent Matshe said several measures taken by the central bank early this month, including the launch of the new currency, would stabilise the economy.
By Mthandazo Nyoni
Apr. 25, 2024
Zim Independence Day: 44 years of embarrassment
The 1990s brought economic challenges that worsened in the new millennium.
By Amh Voices
Apr. 20, 2024
‘Bond notes, Zimdollar had no backing’
The Bond notes and coins were then dropped to allow for the re-introduction of the ZWL$ in June 2019.
By Tatira Zwinoira
Apr. 12, 2024
After the Bell: Decoding Zimbabwe’s decision to Zigzag
This is Zimbabwe’s sixth attempt to create a functional local currency since 2008, when inflation crossed 500 billion percent, making it worthless.
By Tim Cohen
Apr. 11, 2024
Govt must not undermine new currency
At the same time, the market has basically refused to continue transacting in the Zimdollar, leaving mostly the United States dollar and the South African rand to fill the void.
By Newsday
Apr. 10, 2024
Govt document authentication service suspended
In a public notice yesterday, the ministry said the resumption of the authentication services would be communicated as soon as normal banking services were restored.
By Desmond Chingarande
Apr. 10, 2024
Waiting for the gold standard
After another controversial election in August last year and subsequent political developments, there is a general collapse in confidence in Zimbabwe’s political leaders.
By Muckracker
Apr. 5, 2024