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Zimbabwe

Zimbabwe

Population: 16.99m
GDP: $35.91bn
Debt: 98.5% of GDP (2024)

news from Zimbabwe

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Found 617 articles.

Displaying 21-30 out of 617 results.

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Businesses are panicking after latest crash in the ZiG’s value against the US dollar

The collapse in the value of the gold-backed currency by over 40% against the dollar could spell the end for the country’s sixth new currency in 25 years

The Zimbabwean government’s latest attempt to discourage citizens from using US dollars appears in danger of collapse after the central bank’s decision to devalue its gold-backed currency, the...

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Dollars still dominate the economy despite the launch of the ZiG

The country’s largest independent brokerage says the government should restore the trust of its citizens instead of forcing them to abandon the dollar

It has been four months since the introduction of the ‘Zimbabwe Gold’ or ZiG on 8 April and confidence in the currency has not improved. The official exchange...


Paranoia on show as Harare hosts summit

Rights groups outraged as SADC hands its chair to Mnangagwa after security agents arrest and beat up over 100 activists

Such was the ferocity of the government’s assault on civil society activists and oppositionists ahead of the Southern African Development Community (SADC) summit in Harare on 17 August,...


Against the odds, can the new ZiG currency tame inflation?

With 80% of business still priced in US dollars, many are sceptical of the latest monetary plan

Dropped into its sobering assessment of Zimbabwe’s economic prospects the IMF Article IV review team offered some qualified support for the Zimbabwe Gold (ZiG) currency on 28 June:...


Government’s man subverts the resistance

Self-proclaimed leader Tshabangu takes over the opposition in parliament and backs plan to extend Mnangagwa’s presidential term

On 30 May, the Speaker of Parliament, Jacob Mudenda, appointed Sengezo Tshabangu as Leader of the Opposition, in what many are calling the end of opposition politics in...


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Quid pro quo diplomacy

Ruto is backing the Harare's new currency – the  ZiG – in return Mnangagwa has confirmed support for Kenya's Odinga to chair the African Union next year

Quid pro quo appears to have been the name of the game in Kenyan President William Ruto's talks with Zimbabwe's President Emmerson Mnangagwa over the weekend.

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Displaying 21-30 out of 617 results.