News Zimbabwe Currency: Zimbabwe inflation drops to single digits for first time in decades
Zimbabwe’s annual inflation rate fell to 4.1% in its local currency in January — the first time the figure has fallen to single digits since 1997. Authorities hailed it as a h ...
News Zimbabwe Currency: Zimbabwe suspends teachers striking over poor pay
Zimbabwe's education ministry has suspended staff who did ... On Tuesday, the government announced a 20% wage rise for all civil servants, including a payment in foreign currency of $100 a month.
News Zimbabwe Currency: Zimbabwe Government Suspends Striking Teachers
The pay dispute goes back to October 2018, when the government stopped paying teachers in U.S. dollars, switching to the reintroduced Zimbabwean dollar. The new currency has steadily lost value, ...
News Zimbabwe Currency: The US dollar is king as Zimbabwe’s currency woes prevail
Spikes in the prices of basic commodities shows how the Zimbabwean dollar (ZW$) is failing to hold against its benchmark, the US dollar. History suggests that Zimbabwe’s current path will lead ...
