Zimbabwean Dollar - The Zimbabwe Independent

Topic : Zimbabwean Dollar

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Zimbabwe’s currency vicious cycle: ZiG collapse hits informal businesses

Zimbabwe’s currency crisis has been a long-standing issue, dating back to over two decades ago.

By Tapiwa Zivira Oct. 13, 2024

Zimbabwe’s currency vicious cycle: ZiG collapse hits informal businesses

Village Rhapsody: Why Zimbabwe is struggling to fix its currency conundrum

The government's failure to manage the black market further exacerbates the ongoing crisis, and it appears Zimbabwe’s currency troubles are far from over.

By Gary Gerald Mtombeni Oct. 6, 2024

Village Rhapsody: Why Zimbabwe is struggling to fix its currency conundrum

Is hyperinflation crisis back again?

Without decisive action, the country risks further economic deterioration and social unrest given a looming drought which is poised to further weigh down on the economy in the country and the region.

By Tinashe Duma Feb. 2, 2024

Zimura sticks to RTGS royalty pay outs

This decision was in response to recent questions from artists regarding the currency of their royalty payments.

By Sharon Sibindi Dec. 10, 2023

Ceteris Paribus: Zimdollar worse off since 2022

The Zimdollar has shed off -88% against the US dollar since the beginning of the year on the willing-buyer willing-seller market

By Tinashe Duma Dec. 1, 2023

Ceteris Paribus: Zimdollar worse off since 2022

2024 budget strategy paper: Zim’s future looks bleak

Also, the Treasury promised to follow a prudent approach to fiscal management (cash budgeting, raising additional tax revenue, containing spending and efficient resource use) in 2024.

By Zvikomborero Sibanda Sep. 22, 2023

2024 budget strategy paper: Zim’s future looks bleak

Is Zimdollar stabilising or losing relevance?

Due to the high cost of borrowing in local currency, economic agents have found themselves borrowing and lending in foreign currency.

By Rufaro Hozheri Aug. 18, 2023

Is Zimdollar stabilising or losing relevance?

Zimbabwe to launch gold-backed gigital token to try and stabilize Zimbabwean dollar

Ever since the dramatic collapse of the Zimbabwean dollar back in 2008, the hyperinflation that’s persistent in this part of the world is constantly being discussed by various experts.

By Newsday Aug. 15, 2023