Lenders, investors face huge losses
The report indicated that the emergence of a parallel market remains a possibility, particularly among the unbanked population.
By Mthandazo Nyoni
39m ago
‘New currency averted systems crash’
It replaced the Zimbabwe dollar (ZWL), which had to be decommissioned after depreciating rapidly against the US dollar, complicating an already dire economic situation.
ZiG: Guard against political interference
The Zimbabwe dollar will officially cease to circulate on April 30 when the new notes and coins will be introduced.
By Newsday
Apr. 15, 2024
Here is how to convert your Zimdollar balances to Zimbabwe Gold (ZiG)
You divide ZWL33 903 by ZiG13.5616 to get approximately 2 499.9263. This means that ZiG1 is equal to ZWL2 499.9263.
By Amh Voices
Apr. 5, 2024
Zim introduces structured currency as crisis deepens
The currency reforms that started in October 2018 led to the separation of nostro-foreign accounts (FCA) and the local RTGS dollar.
By Zvikomborero Sibanda
Apr. 5, 2024
Structured Currency: Something new or a déjà vu?
The RBZ prints, in overdrive, more money than can be backed by available reserves. Resultantly, the local unit then devalues against hard currencies.
By Tinashe Duma
Apr. 5, 2024
Early job cuts hold ZCTU spellbound
Zimbabwe’s economy is haemorrhaging under an inflation rate and currency fragilities that have seen companies announcing job cuts.
By Julia Ndlela
Apr. 5, 2024
Letter to my people: They can’t rig the economy
A panicky Ngwena, however, last week formalised the appointment of John Mushayavanu who took over at the RBZ with immediate effect.
By Doctor Stop It
Mar. 31, 2024
The Zimdollar exchange rate and hyperinflation: A chronicles update
THE Zimbabwe dollar has suffered the worst performance in the first quarter of 2024, compared to corresponding periods since inception.
By Tinashe Duma
Mar. 28, 2024
