Zimbabwe's month-over-month headline inflation rate moderated to a zero percent print in June 2024, having receded from the prior negative territory of -2.4% observed in May, according to the nation's

he Zimbabwe Gold (ZiG) has recorded a poor performance in July 2024. It started trading in April 2024 at a high of 13.56 ZiG per US dollar, but by the end of July 2024 had fallen to 13.79 per dollar.

CAFCA Limited Zimbabwe has faced significant foreign currency challenges in the third quarter of 2024 ended 30 June, leading to depressed export volumes. Despite this, domestic sales increased by 21%,

Zimbabwe's largest corporate entity, Zimbabwe Platinum (Zimplats), has reported a significant decline in earnings for the financial year ended 30 June 2023 attributed to a confluence of factors, inclu

The Reserve Bank of Zimbabwe has passed extra measures to sanitize the exchange control directives through enhancing transparency and efficiency in foreign exchange transactions to support Zimbabwe Go

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 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

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

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 local currency has experienced a 47% depreciation against the US dollar since its introduction, as reported by the Reserve Bank of Zimbabwe (RBZ). The Zimbabwe Gold (ZiG) is now trading at a rate o