In a major economic development, supermarkets, vendors, commuter omnibus operators, and tuckshops across Zimbabwe have ceased accepting payments in the local ZiG currency. This ...
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Back in the soup
Devaluing the ZIG to 25: 1. Increasing interest rates from 20% to 35%, increasing the balances that had to be held by the RBZ in terms of bank deposits. Further restricting access to hard currency by ...
In a significant economic shift, supermarkets, vendors, commuter omnibus operators, and tuckshops across Zimbabwe have ceased ...
In a significant economic shift, supermarkets, vendors, commuter omnibus operators, and tuckshops across Zimbabwe have stopped accepting payments in the local ...
Zimbabwe's central bank has devalued its gold-backed currency, the Zig, by over 40% against the US dollar, raising concerns ...
SUPERMARKETS, vendors, commuter omnibus operators and tuckshops are no longer accepting payment in the local ZiG currency following Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu's surprise ...
The meeting will also explore the strategic initiatives and policies that the Reserve Bank of Zimbabwe (RBZ) is implementing to ensure a stable and conducive investment environment, with a focus on ...
The Government’s latest currency experiment, the ZiG, launched in April 2024 to stabilize the economy, has collapsed within six months, triggering a wave of ...
Zimbabwe's newly introduced gold-backed currency, the ZiG, continues its downward spiral against the US dollar, raising ...
Will these measures stabilise the local currency? We believe they are too little too late as confidence in the currency has ...
Sep. 27, 2024 — Estrogens are known to drive tumor growth in breast cancer cells that carry its receptors, but a new study unexpectedly finds that estrogens play a role in fueling the growth of ...