Zimbabwe News » Harare News Zimbabwe » Harare » Finance: Zimbabwe introduces new currency as depreciation and rising inflation stoke economic turmoil
HARARE, Zimbabwe (AP) — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the ...
News Zimbabwe » Harare » Finance: William Ruto introduces African investor eyeing over KSh 220 billion investment in Zimbabwe
President William Ruto said an African investor plans a KSh 220 billion for Zimbabwe and urged African leaders to back continental finance and curb foreign reliance.
News Zimbabwe » Harare » Finance: Zimbabwe crafts plans to enforce usage of its new ZiG currency
HARARE, Zimbabwe — Zimbabwe's government has ordered its agencies and the private sector to accept its new gold-backed currency and plans to introduce new measures to enforce its use as local markets ...
News Zimbabwe » Harare » Finance: Zimbabwe charts ambitious return to global finance at debt conference
Zimbabwe hosts creditors, partners and finance executives Seeks to clear debt arrears, restructure external debt Zimbabwe aims eventually to tap int'l capital markets again HARARE, Nov 25 (Reuters) - ...
News Zimbabwe » Harare » Finance: Zimbabwe to Extend ZiG Currency Crackdown to Companies, Finance Chief Says
(Bloomberg) -- Zimbabwe plans to extend a crackdown that's targeting street currency traders to companies to ensure goods and services are priced using only the official exchange rate of the new ZiG ...
News Zimbabwe » Harare » Finance: Zimbabwe's stock market is up 800% this year as investors seek shelter from blistering 176% inflation rate
As strong as the S&P 500 has looked this year, 2023's most blistering stock rally is happening in Harare, Zimbabwe. The market is up more than 800% to start the year, according to Bloomberg data. But ...
News Zimbabwe » Harare » Finance: Zimbabwe Finance Minister Says No Money for Polls
HARARE - Zimbabwe's finance minister has ruled out holding elections this year, saying the troubled nation does not have enough money to fund the polls. He blamed the problem on diamond mining firms ...
News Zimbabwe » Harare » Finance: Zimbabwe’s Finance Chief Sees ZiG Currency Ending Market Volatility
The introduction of Zimbabwe’s new currency, known at the ZiG, is expected to bring an end to stock market volatility and help restore overall price stability, Finance Minister Mthuli Ncube said.