Devaluing the ZIG to 25: 1. Increasing interest rates from 20% to 35%, increasing the balances that had to be held by the RBZ in terms of bank deposits. Further restricting access to hard currency by ...

Zimbabwe's central bank has devalued its gold-backed currency, the Zig, by over 40% against the US dollar, raising concerns ...

In a significant economic shift, supermarkets, vendors, commuter omnibus operators, and tuckshops across Zimbabwe have stopped accepting payments in the local ...

SUPERMARKETS, vendors, commuter omnibus operators and tuckshops are no longer accepting payment in the local ZiG currency following Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu's surprise ...

I was listening this morning as the Minister of Mines, Winston Chitando, boasted over Zimbabwe's increasing diamond ...

Charting, Price Performance, News & Related Contracts.

The meeting will also explore the strategic initiatives and policies that the Reserve Bank of Zimbabwe (RBZ) is implementing to ensure a stable and conducive investment environment, with a focus on ...

Last week's close: Settled at 68.18, down 0.51 on Friday and 2.82 on the week WTI finished off last week's lows, rallying Thursday and Friday to settle back into the meat of its trading range. A ...

In a significant economic shift, supermarkets, vendors, commuter omnibus operators, and tuckshops across Zimbabwe have ceased ...

In a major economic development, supermarkets, vendors, commuter omnibus operators, and tuckshops across Zimbabwe have ceased accepting payments in the local ZiG currency. This ...

Zimbabwe's newly introduced gold-backed currency, the ZiG, continues its downward spiral against the US dollar, raising ...

The Government’s latest currency experiment, the ZiG, launched in April 2024 to stabilize the economy, has collapsed within six months, triggering a wave of ...