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...
Companies
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’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...
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 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...
Rebound of Skipjack Tuna Prices in Ecuador and the Philippines
Skipjack tuna prices have seen an upward trend in General Santos City, Philippines, and Manta, Ecuador, over the past few...
AFC Signs Agreements for Zambia Lobito Rail Project to Enhance Trade and Connectivity
The Africa Finance Corporation (AFC) has signed concession agreements with Angola and Zambia for the Zambia Lobito Rail Project. This...
AFC Signs Concession Agreements to Propel Zambia Lobito Rail Project
The Africa Finance Corporation has signed concession agreements with Angola and Zambia to advance the Zambia Lobito rail project, enhancing...
Mauritania’s Commitment to Energy Development Highlighted at African Energy Week 2024
Mauritania's Minister of Petroleum and Energy, Mohamed Ould Khaled, will participate in the African Energy Week 2024 to discuss the...
Ghana Strengthens Diplomatic Ties with Madagascar and Saint Lucia
Ghana has established diplomatic relations with Madagascar and Saint Lucia during the UN General Assembly, signing two communiques, while also...
