Zimbabwe’s gold-backed currency, which was devalued by 43% by the central bank on Sept. 27, remained under pressure on Monday ...

Bilboes Holdings was established in the 1980s by Amzim as its operating vehicle for the Bilboes project. Its parent, Bilboes ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ...

The country’s clothes manufacturers are taking a beating from imported ‘preloved’ clothes and a struggling economy.

The world is in a rush to find and develop reserves of lithium, dubbed the "white gold" for being a key component in ...

In April, Zimbabwe introduced a gold-backed currency in an effort to stabilize the country’s financial system. Less than six ...

He seems to forget that Scarfmore already tried that in 2019 through Statutory Instrument 142 which banned the use of the ...

Zimbabwe's month-on-month inflation rate accelerated to 5.8% in September, a sharp rise from 1.4% in August, according to the ...

Top Zimbabwean retailers have warned of potential store closures if the government insists on the use of an official exchange ...

Zimbabwe's central bank allowed the local gold-backed currency to fall over 40% against the dollar on Friday and hiked its ...

The Reserve Bank of Zimbabwe (RBZ) today allowed the Zimbabwe Gold (ZiG) currency to fall by over 74% against the US dollar, ...

The ZiG, backed by the nation’s gold and hard-currency reserves, was adopted in early April, replacing the Zimbabwean dollar, ...