HARARE, Zimbabwe -- Festus Nyoni picked out a few items in a supermarket in Zimbabwe's capital, looked at the prices and knew she was in the wrong place. She abandoned her shopping cart and headed for ...
The World Bank’s new Zimbabwe Public Finance Review (PFR) comes at a critical time, seeking to support the government’s task of fiscal consolidation by identifying policy options to help expenditure ...
(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...
When I first visited Zimbabwe in 1996, $1 US would buy about $8 Zimbabwe. When I was there last November, US$1 would buy Z$7,000 at the official rate, but Z$12,000 when traded on the black market.
Zimbabwe is drawing lessons from Nigeria as it pursues plans for its own central bank digital currency and won’t be deterred by lackluster interest shown in that country. The slow uptake of the eNaira ...
What is the fundamental reason for the recent collapse in Zimbabwe? It is not the loss of freedom of the press, or unsound monetary policy, or high military expenditure, or low health ...