Search results for 'parallel market rate'
Zimbabwe
Smoke and Mirrors? ZiG Strengthens for Third Consecutive Day, Takes in 9% Gains
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
Nov 06, 2024
Zimbabwe
ZiG’s Weekly Review as Stability Remains in Focus: Is This a Turning Point or a False Dawn?
The Zimbabwe Gold (ZiG) experienced marginal declines, depreciating by 0.1% last week and further by 0.2% this week, closing at 23.3656 against the US dollar. This relative stability is largely attri
Jan 31, 2025
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Government Opens Solar Market to Cash Payments, New Law Unlocks Surplus Electricity Credits
Zimbabwe has introduced virtual net metering and monetary compensation for surplus solar electricity under Statutory Instrument 127 of 2026, allowing qualifying consumers to transfer electricity credi
1 day agoTagwirei Consolidates Economic Influence as ZANU PF Hands Him Politburo Portfolio Days After Cabinet Appointment
Zimbabwean businessman, Kudakwashe Tagwirei has secured a second senior economic position within three days, following his appointment to ZANU PF's Politburo as Secretary for Economic Affairs and Inve
1 day ago
