Category: Zimbabwe
Can Zimbabwe’s New Gold-Backed Currency Overcome Public Skepticism and Crackdowns?
Zimbabwe’s latest attempt to stabilize its economy through the introduction of a gold-backed currency, the Zimbabwe Gold (ZiG), has met with public skepticism and stringent [more…]
Zimbabwe to fine businesses not using new official exchange rate
Zimbabwe Cracks Down on Businesses Using Inflated Exchange Rates for New Gold-Backed Currency In a bid to stabilize its newly introduced gold-backed currency, the Zimbabwe [more…]
Zimbabwe Introduces Gold-Backed Currency to Replace Struggling Zimdollar
In a bid to stabilize its volatile economy, Zimbabwe has unveiled a new gold-backed currency, the Zimbabwe Gold (ZiG), as a replacement for the beleaguered [more…]
Zimbabwe Faces Deepening Economic Woes Amid Drought and Falling Commodity Prices
Nevertheless, macroeconomic volatility fueled by monetary instability and substantial exchange rate distortions keeps Zimbabwe’s economic activity below its potential. Inflationary pressures remain high in 2024 as local [more…]
Zimbabwe: banking sector faces 75% job decrease Since 2000
The Zimbabwe Banks and Allied Workers Union (ZIBAWU) reports that 75% of jobs in the sector have been lost since the beginning of the millennium. [more…]
Zimbabwe Informal Traders Reject Zimdollar Amid Currency Uncertainty
Delay in Launch of New Currency Raises Concerns Over Economic Stability In a dramatic turn of events, Zimbabwe’s informal traders, who represent approximately 75% of [more…]
MTN acts proactively to bring back internet access in Ghana.
MTN Ghana has said that it is working to ensure that, in the wake of the nation’s internet outage, its services will restart in full. [more…]
The Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) Masterclass marked the launch of the Cape Town Infrastructure Report.
The city’s 2023 infrastructure report was unveiled on March 17 at a masterclass held in conjunction with the Sustainable Infrastructure Development Symposium of South Africa [more…]
Zimbabwe and the US’s relationship reached a new low following new sanctions.
According to Farai Shawn Matiashe, there is little chance that the US’s sanctions against Zimbabwean President Emmerson Mnangagwa and other high-ranking officials will allow important [more…]
Africa Talks Business: Transforming Narratives, Uniting Africa
Introduction Africa Talks Business, a pioneering media and publishing organization, has embarked on a mission to redefine Africa’s narrative. Founded with a vision to unite [more…]