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...
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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...
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...
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...
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...
Zimbabwe’s Retail Sector Crumbles Under Weight of ZiG Currency Challenges
Retailers in Zimbabwe warn that the official exchange rate of the newly introduced Zimbabwe Gold (ZiG) is unsustainable and is...
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...
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...
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...
Zimbabwe Urged to Abandon Command Exchange Rate Policy for Economic Stability
Zimbabwe is urged to abandon its fixed exchange rate policy for the ZiG currency, as this has led to significant...
