Uganda Airlines Launches New Flights to Zimbabwe
Uganda Airlines has initiated flights between Harare and Entebbe to meet rising air travel demand, expected to boost bilateral trade...
Month: September 2024
Zimbabwe Faces Currency Crisis as New Monetary Policy Unravels
Zimbabwe's new currency, the Zimbabwe Gold (ZiG), is suffering from a prolonged decline in value against the US dollar, showcasing...
Drought in Southern Africa Forces Zimbabwe and Namibia to Cull Elephants for Food Security
In light of devastating drought conditions impacting food security in Zimbabwe and Namibia, both nations have resolved to cull elephants...
ZiG’s Declining Value Threatens Zimbabwe’s Retail Sector
The Zimbabwe Gold currency (ZiG) has lost 80% of its value since its launch, causing severe repercussions for formal retailers...
Chinese Mining Giants Collaborate on Lithium Project in Zimbabwe
Chinese mining companies, including Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co., are collaborating with a Zimbabwean state-owned company...
Lithuania’s Donation of Confiscated Fire Engines to Ukraine Sparks Outrage in Zimbabwe
Lithuania has drawn condemnation for donating 17 fire engines, meant for Zimbabwe, to Ukraine after confiscating them. Political analysts call...
Zimbabwe’s Gold-Backed Currency: A Crisis of Confidence Amid Rising Inflation
Zimbabwe's new currency, the ZiG, is struggling to gain acceptance as illegal money changers emerge, offering high exchange rates, driving...
Concerns Mount for Zimbabwean Retailers Amidst Exchange Rate Crisis
Top retailers in Zimbabwe caution against store closures due to an official exchange rate deemed harmful to their competitiveness. The...
Chinese Mining Companies Collaborate with Zimbabwe on Lithium Extraction Project
Chinese mining giants Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are collaborating with Zimbabwe's Kuvimba Mining House to...
Zimbabwe Retail Crisis: Retailers Warn of Possible Store Closures Amid Currency Devaluation
Top retailers in Zimbabwe are at risk of closing due to unfavorable government exchange rate policies. The mandated official exchange...
