Central Bank has injected US$190 million into the market to stabilize the exchange rate madness that has plagued Zimbabwe's economy. This move is part of a broader strategy to curb the volatility tha

Zimbabwe Gold (ZiG) has opened the first week of September on a lower note, trading at 13.8603, down from 13.8546 on August 30, 2024. Further declines have been observed, with the rate weakening to Z

The Zimbabwe Gold (ZiG) experienced a notable decline on September 13, 2024, trading closer to ZWG14 per US dollar, marking one of its worst performances to date. This follows a weekly loss, with the

The Reserve Bank of Zimbabwe has injected US$114 million into the forex market to meet rising demand for foreign currency and stabilize the run-away ZiG. In a statement, RBZ said US$50 million was inj

Zimbabwe's local currency, the Zimbabwean Gold (ZiG), traded at 26.8596 on the 18th of October, down from ZiG26.0692 traded last week Friday against the US dollar. This continues its downward spiral,

The Zimbabwe Gold (ZiG) has demonstrated a continued suboptimal performance, declining to 28.6829 on November 1, 2024, from 27.44, marking a significant week-on-week decrease. This downturn represent

The Zimbabwe Gold (ZWG) currency has exhibited an appreciation on the formal market, recording its third consecutive gain on November 6, 2024. The currency surged 3% from 26.99 to 26.01, translating

The Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe has introduced a Targeted Finance Facility (TFF) In a bid to alleviate the current liquidity crisis on targeted sectors. This facil

he Reserve Bank of Zimbabwe (RBZ) has introduced a transformative policy aimed at formalizing the informal trading sector and promoting digital transactions. Effective immediately, local authorities

The Horticulture Development Council (HDC) has strongly criticized the Reserve Bank of Zimbabwe’s (RBZ) recent decision to reduce export retention thresholds from 75% to 70%, as outlined in its Moneta

The Zimbabwe Gold (ZiG) has exhibited a consistent downward trajectory, recording a decline for three consecutive weeks, settling at 26.4565 during the week ended 14 February 2024. However, these are

The Zimbabwe Gold (ZiG), the nation’s fourth currency initiative in nearly a decade, has experienced marginal year-to-date (YTD) depreciation of 3%, declining from ZiG25.795 on January 1, 2025, to ZiG

Ariston Holdings, a Zimbabwean agribusiness, has strategically reoriented its revenue focus from export markets to domestic sales in response to rising operational costs and restrictive export policie

The Zimbabwe Gold (ZiG) has faced persistent bearish pressure against the US dollar (USD), settling at an exchange rate of 26.7069 as of March 21, 2025, marginally weaker than its 26.7116 close on Jan

The Zimbabwe Gold (ZiG) has depreciated against the United States Dollar (USD), recording an exchange rate of 26.7279 on 25 March 2025, extending a loss-making streak observed since the commencement o

he central banking authority, Reserve Bank of Zimbabwe has held interest rate firm at 35% as it continues its gamble to fight inflation head-on. In its latest Monetary Policy Statement (MPS) followin

The Zimbabwe Gold (ZiG) persists in its slow decline, with March’s gradual erosion spilling into April 2025. The ZiG closed at 26.77 on 31st of March 2025 from 26.72 in the previous week against the

Zimbabwe’s Gold-backed currency (ZiG) hit fresh week-on-week lows in April 2025, dropping from 26.78 on April 4 to 26.81 by April 11, extending its record-breaking gradual slide. Since its debut on A

Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of Zimbabwe (RBZ). This p