Year: 2024

The United States lost its place as the most influential global power in Africa last year as its star status dimmed and other countries -China in particular- gained fans. A…

The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in small amounts like US$5 or US$10 cannot destabilise the country’s new currency the Zimbabwe Gold…

The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the Bulawayo exhibition grounds into a mixed-use commercial development. Property developer Terrace Africa will develop a…

Zimbabwe’s new currency today fell against the United States for the first time since its launch on 5 April. The ZiG, which is backed by gold and other minerals, has…

Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market this year, leaving investors dealing with the fallout. The Zimbabwe Stock Exchange All Share Index…

One bane of recent public discourse in Zimbabwe is not only that it is never about ideas or issues but it is invariably about ‘good guys’ versus ‘bad guys’ –…

Zimbabwe’s new currency kicked off its third week on a stronger note raising questions as to who is manipulating the currency on the black market. The ZiG which kicked off…

Zimbabwe Finance Minister Mthuli Ncube is asking the US government to tell banks that they will no longer be fined for dealing with Zimbabwe. The country has lost at least…

Zimbabwe, whose currency declined 80% this year before being abandoned, is now worried about its new unit the Zimbabwe Gold (ZiG) appreciating too fast.  According to Bloomberg, the ZiG has…

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG,) continued to firm against the United States dollar as it has done every trading day since it started trading on 8 April. It…