Local businesses are facing challenges in accessing foreign currency from banks to finance the purchase of…
Tag: ZIG
Currency Concerns Rise as Businesses Struggle for Foreign Currency Access
Businesses are encountering difficulties accessing foreign currency from banks to finance the procurement of necessary inputs…
Police Speak On Why They Arrested Minister’s Son Neville Mutsvangwa
Harare | The Zimbabwe Republic Police has confirmed the arrest of Neville Sunungurai Mutsvangwa, son of…
Govt introduces ZiG200,000 civil penalty for violating official exchange rate
Zimbabwe’s Finance Minister Mthuli Ncube, backed by President Emmerson Mnangagwa, has enacted a new regulation penalizing…
World Bank Distances Itself From Zimbabwe’s ZiG Gamble
The World Bank has distanced itself from being the driving force behind Zimbabwe’s new currency, the…
ZiG Records Its Largest Decline Since Launch
Zimbabwe’s currency, Zimbabwe Gold (ZiG), on Monday, 06 May, weakened to its lowest level against the…
Release More ZiG Coins – Vendors
The demand for more small ZiG denominations is overwhelming supply in the small to medium enterprises…
Embrace ZiG to Survive AfCFTA Competition
Zimbabweans should embrace the newly introduced local currency, the Zimbabwe Gold (ZiG) to ensure the country…
Zimbabwe holds rates steady at 20 percent as new ZiG notes hit the streets
HARARE – Zimbabwe’s central bank kept its benchmark interest rate unchanged at its first policy meeting…
China shops rejecting ZIG currency
China shops rejecting ZIG currency Retail outlets commonly known as ‘China shops,’ which offer a range…