Zimbabwe
World
$80 Million Partnership: Unpacking CBZ, Afreximbank’s Landmark Financing Agreement
BZ Bank and African Export Import Bank (Afreximbank) have signed two financing facilities worth a total of US$80 million to support Zimbabwean exporters. The first facility is a US$60 million line of
Jun 17, 2024
Zimbabwe
Zimbabwe Zero Rates Gold Deliveries: Uncovering Incentives Behind the Policy Shift
The government has implemented a zero-rating policy for gold deliveries to Fidelity, the state-owned gold buying entity. This policy change comes after gold deliveries have been sustaining a downward
Jun 13, 2024The Tug-of-War Between Official and Black Market: ZiG Sustains 'Massaged' Gains on Official Market
The Zimbabwe Gold (ZiG) traded at ZiG13.2183 on May 24, 2024, moving up from a low of ZiG13.3976 the previous week. This represented a 1 percentage point decrease from the prior week. The ZiG, which
May 24, 2024