The Reserve Bank of Zimbabwe (RBZ) claims that gold reserves backing the beleaguered Zimbabwe Gold (ZiG) currency ballooned ...

Zimbabwe’s central bank maintained the benchmark rate at 35 percent in December from a high of 150 percent at the beginning of the year. Inflation in November eased significantly to 11.7 percent ...

Five more attempts, including last year’s introduction of the ZiG, have been made to revive Zimbabwe's local currency.

WITH rains now falling after a late start to the season, Zimbabwe's economic growth is expected to hit 6,2 percent this year according to the World Bank, well above the 4,1 percent sub-Saharan African ...

Mediline Sibanda opened her hairdressing business 13 years ago in Bulawayo's bustling central business district where she operates alongside other vendors and ...

Since assuming office, the Second Republic has been open with both the World Bank and the International Monetary Fund, ensuring that they have access to national economic figures, which are hardly a ...

However, in its economic outlook for 2025, Morgan & Co warned that unevenly distributed rainfall, economic challenges, ...

Global political and economic power is undergoing a subtle shift toward the Global South.

BENGALURU, Jan 14 (Reuters) - India's central bank on Tuesday said deputy governor M. Rajeshwar Rao will handle monetary policy and economic research departments in a reorganisation of portfolios ...

However, the move has been met with scepticism, with economists warning it may once again exacerbate inflation and further erode public confidence. Printing money is not a new tactic for Zimbabwe.

Driven by internal crises and faced with the rapidly declining position of US and European imperialism on the world scale, ...