Gendered perspective on structured currency.
Annual inflation had reached over 1 000% and market trading including payments of public services, taxes, and fuel are predominantly pegged at USD prices.
By Vanessa Jaravaza
May. 17, 2024
Economic policies and REITs
These dynamics directly and immediately impact REITs, which rely on a stable economic environment to ensure consistent returns.
By Mike Juru
May. 17, 2024
Ceteris Paribus: Is ZSE poised to preserve value?
ZiG, backed by a basket of foreign currencies, gold, and other precious metals, replaced the ZWL (Zimbabwe dollar)
By Tinashe Duma
Apr. 26, 2024
‘New currency averted systems crash’
It replaced the Zimbabwe dollar (ZWL), which had to be decommissioned after depreciating rapidly against the US dollar, complicating an already dire economic situation.
Zim needs regime change, not currency change
Rapid inflation, poverty rates continue to remain alarmingly high because of Zimbabwe’s plagued economy.
By Diana Machingauta
Apr. 12, 2024
Review of the 2024 Monetary Policy Statement
For instance, the annual inflation rate rose from 34,8% in January 2024 to 47,6% in February and 55,3% in March 2024.
By Prosper Chitambara
Apr. 12, 2024
Annual inflation seen below 5%
The governor noted that in the last nine months, inflationary pressures have dissipated, as seen by the decline in the annual inflation rate from 30,9% in June to 17,8% in October 2023.
By Mthandazo Nyoni
Apr. 8, 2024
‘Zim will stick to US dollar’
The structured currency will be backed by 2,5 tonnes of gold, worth US$175 million, according to Reserve Bank of Zimbabwe governor John Mushayavanhu.
By Tafadzwa Mhlanga
Apr. 5, 2024
Structured currency should bring relief to masses
ZIMBABWE, a country rich in untapped natural resources, has faced significant economic challenges in recent years, including hyperinflation resulting in the abandonment of its own currency.
By Amh Voices
Apr. 5, 2024