News
With Chinese bank loans overdue, Harare charges residents for major upgrades that were never completed. Harare, Zimbabwe | ...
The Zimbabwean government has failed to deliver on promised upgrades, including treatment plants, pump stations, and prepaid ...
Hosted on MSN9mon
USD to ZiG: What next as Zimbabwe’s new currency implodes?The newest country in the world has imploded, less than six months after it was launched. The USD to ZiG exchange rate has soared from 13.5 in April to 25.86, according to Zimbabwe’s central bank.
Zimbabwe has launched a new currency, which will be called ZiG and goes into effect on Monday, to replace its previous one that lost more than 70% of its value since January.
The Zimbabwe dollar traded at 22,476 against the greenback, taking its losses this year to 73%, the world’s second-worst performance only after the Lebanese pound.
HARARE, Zimbabwe (AP) — Zimbabwe will launch a digital currency next month by introducing “tokens” that are backed by gold reserves and can be transferred between people and businesses as a ...
Many in Zimbabwe still remember when a 100 trillion Zimbabwe dollar banknote was printed in 2009 at the height of the hyperinflation to keep up with spiraling prices. At one point, a loaf of bread ...
HARARE, Zimbabwe—The Reserve Bank of Zimbabwe, which gained global notoriety in 2008 for printing one-hundred-trillion-dollar notes, said Friday it was launching a new national currency ...
Zimbabwe’s bourse in the resort city of Victoria Falls plans to start a commodity and electricity exchange in the first quarter of next year, its chief executive officer said.
The value of stocks on Zimbabwe's dollar-only bourse has jumped by 85% since the start of the year to more than $1 billion, its CEO told Reuters on Tuesday, adding he anticipated continued growth.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results