Zimbabwe's stock market is up roughly 800% in 2023, the world's biggest rally. The rally has taken shape as the country's annual inflation is up 176%. Local investors are turning to the stock market ...
Currently, the average price of a two-bedroom house in Harare’s middle-density suburbs stands at approximately US$70 000, compared to US$55 000 in Johannesburg and US$45 000 in Lusaka.
Zimbabwe’s dollar-only stock exchange, created in 2020 amid a currency crisis, is narrowing the gap with the 131-year-old ...
As of 21 April 2023, the Reserve Bank of Zimbabwe’s (RBZ) exchange rate stood at ZW$982. The black market rate is currently as high as ZW$1900, a huge cap that diminishes foreign investors’ appetite.
Zimbabwe is Africa's biggest producer of tobacco but some farmers believe the country's long-term future could lie in a very different crop - blueberries. Thanks to a breakthrough in trade talks with ...
Zimbabwe liberalized its foreign-exchange market and raised interest rates, among a new raft of measures aimed at stabilizing the nation’s currency and reining in resurgent inflation. The central bank ...
The government has announced an immediate lifting of restrictions on cement imports as Zimbabwe battles severe shortages that have caused prices to soar. The ...
The Zimbabwean on MSN
Here’s why the Zimbabwe ZiG currency stability is continuing
The ZiG currency has been relatively stable this year for several reasons. First, there are signs that the country’s economy ...
The business sector says it is in the dark as it has been told to wait for the roadmap to be unveiled by Finance minister ...
Zimbabwe’s central bank on Friday said its beleaguered local dollar will be replaced by new currency backed by gold, other precious metals and foreign currencies. Zimbabwe Gold, or ZiG, will “foster ...
Nigeria’s Dangote Group revives long-stalled plans in Zimbabwe with a pipeline from Namibia and new plants, testing Harare’s ...
Zimbabwe is looking to gold to “expand value-preserving instruments,” launching a gold-backed digital currency last week as the nation suffers from hyperinflation and its currency continues to ...
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