HARARE (Reuters) - Zimbabwe's decision to scrap a peg between its quasi-currency bond notes and the U.S. dollar brings a welcome end to a failing monetary policy, but it is not the solution to a ...
HARARE (Reuters) - Zimbabwe’s decision to scrap a peg between its quasi-currency bond notes and the U.S. dollar brings a welcome end to a failing monetary policy, but it is not the solution to a ...
Zimbabwe announced on Monday that it would abandon the use of foreign currencies which replaced the local dollar that was wiped out by hyperinflation ten years ago. President Emmerson Mnangagwa has ...
Zimbabwe President Emmerson Mnangagwa said Tuesday that the crisis-hit country was returning to normal as it moved to end its foreign currency system that has been in operation for a decade. The ...
Harare, Zimbabwe – Kenias Mutsenha had long ceased using his Zimbabwean local currency bank account, abandoning it for one trading in US dollars, as many in the economically volatile country prefer ...
The ZiG is Zimbabwe's latest currency — yet another attempt to unravel the economic catastrophes of the past decades. According to many there,... Meet ZiG, Zimbabwe's latest baffling currency ARI ...
Across Harare, bouquets constructed from US dollar notes are becoming a prominent alternative to traditional floral arrangements. Rolled and pinned together to resemble flowers, the notes are arranged ...
When Zimbabwe’s gold-backed currency, the Zimbabwe Gold (ZiG) launched on 5 April, it was marketed as a catch-all solution to Zimbabwe’s currency woes. But the latest recalibration of the country’s ...