Search results for 'gold-backed currency'
Zimbabwe
ZiG Weekly Review: Slides to 26.67, Worst Performance Since January, but PMR Gap Narrows
The Zimbabwe Gold (ZiG) has demonstrated sustained depreciation against the United States Dollar (USD), recording an exchange rate of 26.6749 on 17 March 2025, extending a loss-making streak observed
Mar 17, 2025
Zimbabwe
Zimbabwe Holds Africa’s Highest Gold Reserve Shares as RBZ Builds ZiG Confidence Case
Harare- Zimbabwe held 4.48 tonnes of gold reserves as of 11 May 2026, according to data published by the Reserve Bank of Zimbabwe drawing on International Monetary Fund International Financial Statist
May 12, 2026
Top Stories
Mash Holdings Lifts Operating Profit 20% as Occupancy Rises, Two Major Development Projects Break Ground
Mashonaland Holdings Limited has reported an 8% increase in revenue to US$1.86 million and a 20% increase in operating profit before fair value adjustments to US$879,222 for the quarter ended 31 March
13 hours agoZimbabwe's Beverages Sector Signals a Manufacturing Inflection Point as Anchor Investors Deploy Capital at Scale
"Listed corporate results are confirming a stronger demand cycle, with many companies reporting double-digit growth in revenue and profitability through 2025 and into Q1 2026. Capacity is becoming a r
1 day ago
