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Backing for Zimbabwe’s gold-backed currency, the ZiG, surged to a record level in June, as authorities prepare to transition ...
ZIMBABWE’S foreign currency receipts bulked 22,5 percent to US$6 billion in the first five months of 2025, up from US$4,9 ...
The group plans to restart the Mazowe and Redwing mines, which were previously halted in 2018 and 2019 respectively.
Find out what the future holds for the Zimbabwe ZiG currency after stabilzing this year and as the economic growth continues.
Namib Minerals plans to spend $300 million to restart operations at two of its mothballed gold mines in Zimbabwe and lift production, its chief executive Ibrahima Tall told Reuters on Tuesday.
Authorities now want the new unit to supersede the US dollar, which since 2009 has functioned as a dual transacting currency.
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the ...
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allAfrica.com on MSNZimbabwean consumer sector poised for improvement amid rising costs, tax pressuresSpread This News By Business Report An uplift in volumes has been projected for Zimbabwean consumer companies despite rising ...
Soaring prices are driving Zimbabwe's gold output and income, but the government's foreign currency retention rules are eating into producers' earnings, the country's mining industry body said. The ...
Zimbabwe's month-on-month inflation rate eased to 0.3% in June 2025, shedding 0.6 percentage points from the May figure of ...
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