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NEWS & CURRENT AFFAIRS

Topic : Zimbabwe Gold

Ipec decries paltry pension contributions
Some pensioners are receiving as little as US$60 pension payouts despite the cost of living being estimated at least US$500 a month.
By Tafadzwa Mhlanga Mar. 23, 2025
Ipec decries paltry pension contributions
Premium

ZiG is hyperinflationary: Old Mutual
The ZiG was introduced on April 5, 2024 to replace the Zimbabwe dollar, which had taken a battering against the United States dollar.
By Tatira Zwinoira Mar. 19, 2025
ZiG is hyperinflationary: Old Mutual
Premium

Interbank market in doldrums as...Big banks hold on to surplus cash
While these measures have successfully curbed inflation and strengthened ZiG, they have also led to unintended liquidity distribution challenges.
By Tafadzwa Mhlanga and Blessed Ndlovu Mar. 14, 2025
Interbank market in doldrums as...Big banks hold on to surplus cash

Cafca sees 29% increase in Q1 revenue, bemoans policy changes
In its trading update for its first quarter ended December 31, 2024, Cafca said the period saw industry and commerce adjusting to various changes.
By Blessed Ndlovu Mar. 13, 2025
Cafca sees 29% increase in Q1 revenue, bemoans policy changes

DPC moves to promote financial stability
DPC is an active member of the International Association of Deposit Insurers, an international standard-setting body for deposit insurers across the world.
By Blessed Ndlovu Mar. 11, 2025
DPC moves to promote financial stability

Ariston sees 16% drop in revenue, plans to fire staff
The firm revealed that there was an early indication that demand for macadamia nuts would be firm with improved prices.
By Tafadzwa Mhlanga Mar. 5, 2025
Ariston sees 16% drop in revenue, plans to fire staff

Govt exchange rate distortions cost market US$4,5bn
Such actions could lead to higher revenue collections which could go towards stabilising the ZiG as it would increase foreign currency reserves.
By Tatira Zwinoira Feb. 27, 2025
Govt exchange rate distortions cost market US$4,5bn

Gold’s broken promise — When reserves fail to anchor currency
This is particularly more important in the case of Zimbabwe because gold reserves were the basis against, which the local currency was valued.
By Equity Axis Feb. 21, 2025
Gold’s broken promise — When reserves fail to anchor currency

Art to sell underutilised assets for capex
The company said the economic environment was expected to remain complex and challenging with constrained liquidity.
By Tatira Zwinoira Feb. 19, 2025
Art to sell underutilised assets for capex

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