News Zimbabwe: Financial literacy as a catalyst for inclusive growth in Zimbabwe
Bulawayo, Zimbabwe (ILO News) - The National Certification Ceremony for Financial Education Trainers held in Bulawayo on 23 October 2025 marked a significant step in Zimbabwe’s journey towards ...
News Zimbabwe: At 10 years old, Ethereum's future is brighter than ever despite recent setbacks
The current Ethereum bull run has done a 180 from the last, fueled by institutions and digital dollars instead of meme coins and NFTs. Until very recently investors struggled to understand its purpose ...
News Zimbabwe: Cryptocurrency Trading Halted in Zimbabwe Despite High Court Ruling
Restoration of cryptocurrency trading on Zimbabwe bitcoin exchange Golix will take longer than expected as the company says it is still working on having its bank accounts reopened while also awaiting finalization of regulatory issues regarding virtual currencies in the country. Golix is one of two major cryptocurrency exchange platforms in Zimbabwe, the other being
News Zimbabwe: Zimbabwe’s Biggest Crypto Exchange Golix Moves Closer to $32 Million ICO Launch
Zimbabwe cryptocurrency exchange platform, Golix, is now proceeding ahead with its planned token sale to raise $32 million and has expanded to Kenya and Uganda with effect from the beginning of this month. Golix’s Initial Coin Offering had been disrupted after the Reserve Bank of Zimbabwe banned banks from processing cryptocurrency transactions in the country.
News Zimbabwe: Resilience Powers Rural Small Businesses in Zimbabwe, Landmark Survey Finds
In the drought-prone districts of central Zimbabwe, the difference between a small business that thrives and one that quietly disappears often comes down to a quality that is notoriously hard to measure: resilience. A new study of nearly five hundred rural enterprises has now put that intuition on firm statistical
News Zimbabwe: Zimbabwe Agri-business Industry Report 2023, Featuring 20+ Profiles Including Tanganda Estates, Ariston Holdings, Hippo Valley Estates, Triangle Sugar, Starafrica, BAT, Rift ...
Dublin, Feb. 12, 2024 (GLOBE NEWSWIRE) -- The "Agri-business Sector in Zimbabwe 2023" report has been added to ResearchAndMarkets.com's offering. The agribusiness industry is one of Zimbabwe's most important economic growth drivers together with mining and tourism. The sector has linkages to other industries such as food manufacturers. All farm land belongs to the state and farmers are issued with 99-year lease agreements. Major crops are tobacco, maize, cotton, and sugarcane. Agriculture repres
News Zimbabwe: Zimbabwe imposes ban on exports of all raw minerals and lithium concentrate
Zimbabwe has suspended exports of all raw minerals and lithium concentrates with immediate effect until further notice. In an announcement on Wednesday, Minister of Mines and Mining Development ...
News Zimbabwe: Who Was Wicknell Chivayo? Inside the Life, Wealth and Controversies of Zimbabwe’s Flamboyant Business Tycoon
Zimbabwean businessman Wicknell Munodaani Chivayo built a public persona that was almost impossible to ignore. From multimillion-dollar government contracts and luxury cars to private jets, extravagant gifts and close encounters with some...
News Zimbabwe: Zimbabwe Cuts Key Interest Rate to 30% After US-Iran Peace Deal
Zimbabwe's central bank cut its benchmark interest rate to 30% from 35%, becoming the first central bank globally to ease monetary policy after the US and Iran reached an interim peace deal to reopen ...
News Zimbabwe: Zimbabwe suspends basic commodity exports
Economically-ravaged Zimbabwe has suspended exports of basic commodities, state media said Monday, amid a devastating meltdown and chronic food shortages. ”It is indeed true that the exportation of ...
News Zimbabwe: Zimbabwe's ZiG is the world's newest currency and its latest attempt to resolve a money crisis
Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright rejection by the people. The ZiG was introduced electronically in early April, but people are now able to use banknotes and coins. The government had previously floated various ideas to replace the Zimbabwe dollar, including introducing gold coins to stem inflation and even trying out a digital currency.
News Zimbabwe: Could Zimbabwe’s 2030 currency plan backfire? World Bank raises alarm
Zimbabwe plans to phase out the US dollar by 2030, but the World Bank warns that moving too quickly to a ZiG-only economy could backfire.
News Zimbabwe: What next for the Zimbabwe ZiG currency after the new announcements?
The Zimbabwean ZiG currency has remained in a tight range this week as investors reacted to the new announcement by the government. The USD/ZWG exchange rate was trading at 26.19, where it has remained this year. Zimbabwe pledges not to abandon the US dollar The Zimbabwe ZiG currency was unchanged after President Mnangagwa announced that the countr...
News Zimbabwe: IMF urges Zimbabwe to tackle corruption for economy to pick up
The International Monetary Fund has asked Zimbabwe to rein in corruption — said to be costing the economy billions of dollars each year — while giving some rare praise for the country's new currency, ...
News Zimbabwe: Zimbabwe Explained: The ZiG Currency, the Politics, the Economy and What to Watch
Zimbabwe explained: how the gold-backed ZiG works, Mnangagwa's term extension to 2030, record gold earnings, low inflation and what foreigners should ...
News Zimbabwe: Zimbabwe: Fintech Develops Alongside a Changing Currency
The following is an in-depth analysis of the fintech and wider digital economic development of African nation Zimbabwe.
News Zimbabwe: Zimbabwe plans to launch digital currency backed by gold
Zimbabwe will launch a digital currency next month by introducing “tokens” that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's central bank said Friday. The move is aimed at shoring up Zimbabwe's faltering national currency, the Zimbabwe dollar, which is fast depreciating amid yearslong economic woes in the southern African nation. The Bahamas, Jamaica and Nigeria have already launched digital currencies backed by their central banks, with several other countries, including China, running trial projects.
News Zimbabwe: Zimbabwe introduces new currency as depreciation and rising inflation stoke economic turmoil
Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population. Reserve Bank of Zimbabwe Gov. John Mushayavanhu said the new currency will be called ZiG, and will be anchored on gold reserves and a basket of foreign currencies. The Zimbabwe dollar has come under sustained pressure in recent weeks, making it one of the world’s worst performing currencies.
