ZIMBABWE has huge potential to maintain the prevailing strength and stability of its local currency anchored by the sustained ...

Backing for Zimbabwe’s gold-backed currency, the ZiG, surged to a record level in June, as authorities prepare to transition ...

The Chamber of Mines of Zimbabwe (CoMZ) blamed the job losses on frequent power cuts and foreign currency shortages, which are crippling miners. Last year, the country experienced power cuts ...

Spread This NewsBloomberg Gold and foreign-currency reserves backing Zimbabwe’s bullion-linked monetary unit rose to a record ...

Find out what the future holds for the Zimbabwe ZiG currency after stabilzing this year and as the economic growth continues.

Senegal’s current fuel prices are high at the rate of $1.762 (₦ 2,694.553) because the government has cut back on the money ...

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 ...

The Office of the President and Cabinet (OPC) has issued a sharp and public rebuke to Chinese businesses operating in Zimbabwe, warning them to immediately ...

Spread This NewsBloomberg Zimbabwe’s stock-market performance is being negatively impacted by pension funds’ overexposure to ...

Zimbabwe's gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over its credibility remain, underscored by a persistent premium in ...

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.

The currency strengthened 0.2% on Friday to trade at 26.89 against the dollar, according to data posted on the central bank’s ...