Search results for 'black market'
Zimbabwe
ZiG Currency Conundrum: Government Cracks Down with Iron Fist to Tackle Black Market
Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct
Apr 18, 2024
Zimbabwe
Retailers Urge Government to Abandon Pegged Exchange Rate: Will Government Heed?
The Retailers Association of Zimbabwe (RAZ) has urged the government to abandon the pegged exchange rate system in favor of a market-determined exchange rate, believing this shift could revitalize the
Sep 24, 2024
Zimbabwe
Zimbabwe Limits Forex Withdrawals Abroad to US$2k: What it Means, Implications
The Reserve Bank has taken decisive action to curb capital flight and stabilize the formal economy by reducing the amount of foreign currency individuals can take out of the country from US$10,000 to
Sep 30, 2024
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From Household Security to Breadbasket:How Pfumvudza Can Unlock Zimbabwe’s Agricultural Scale
Zimbabwe's Pfumvudza/Intwasa programme has done what it was designed to do, delivering a bumper harvest, turning Zimbabwe’s 2024 cereal deficit story into a surplus one. The 2025/26 summer season pro
17 hours agoZimbabwe 2026 Tobacco Marketing Season Nears Close With 400 Million Kilogram Target Unmet
The Tobacco Industry and Marketing Board will close Zimbabwe’s 2026 auction tobacco floors on Friday, 31 July, after cumulative national sales reached 354.10 million kilograms by selling day 95 on 20
19 hours ago
