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Zimbabwe will issue gold 'Mosi-oa-tunya' coins as sky-high inflation slams local currency

The inflation rate clocked in at an astonishing 192% last month, and the Zimbabwe dollar has deprec…

Jennifer Sor   

Jul 06 2022 20:55 IST

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2 mins read

Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar

The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.

Huileng Tan   

Apr 09 2024 09:08 IST

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BRICS's messaging about de-dollarization could get even messier if Zimbabwe joins the group's bank

A former Zimbabwe finance minister said there could be an economic "disaster" if the current admini…

Huileng Tan   

Sep 19 2023 14:53 IST

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T20 World Cup: Zimbabwe makes it to Super 12 for the first time

Zimbabwe made it to the Super 12 stage of the T20 World Cup for the first time after an easy five-w…

PTI   

Oct 21 2022 13:02 IST

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Zimbabwe is looking at adopting cryptocurrency as legal payment, top government official says

A top official said Zimbabwe is looking to allow cryptocurrency as legal payment, according to a lo…

Camomile Shumba   

Nov 08 2021 17:44 IST

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Zimbabwe Announces Plans For A $300 Million 'Disneyland In Africa'

“Zimbabwe is a country that often struggles to do the basic things it needs to do and this cannot b…

GlobalPost   

Aug 27 2013 21:32 IST

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Zimbabwe is bringing in a gold-backed digital currency with its own dollar ravaged by inflation

Central bankers hope the tokens will help to stabilize the Zimbabwean dollar, which has been destab…

George Glover   

Apr 24 2023 10:29 IST

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T20 World Cup: Sikandar Raza, bowlers lead Zimbabwe to clinical 31-run win over Ireland

All-rounder Sikandar Raza continued his glorious run in 2022 with a fantastic 82 off 48 balls while…
Oct 17 2022 13:19 IST

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Former Zimbabwe captain Heath Streak texts Henry Olonga and confirms he is "very much alive"

Former Zimbabwe cricketer Henry Olonga has now revealed that Heath Streak is alive after earlier po…
Aug 23 2023 07:53 IST

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Zimbabwe's new president thinks Brexit is a 'good thing'

Following Mugabe's resignation, British Foreign Secretary Boris Johnson said Zimbabwe's rejoining t…

Alexandra Ma   

Jan 19 2018 13:33 IST

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4 mins read

Zimbabwe reportedly turned off the entire country's internet to shut up people protesting its out-of-control economy

Before the hike the government was effectively subsidising the price of fuel for its citizens, but …

Bill Bostock,Bill Bostock   

Jan 18 2019 13:01 IST

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Zimbabwe's stock market is up 800% this year as investors seek shelter from blistering 176% inflation rate

Local investors see equities there as one way to protect the value of their cash against sky-high i…

Phil Rosen   

Jul 03 2023 15:42 IST

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Zimbabwe's next move could trigger the return of 'rapid inflation'

Back in 2008, Zimbabwe experienced an episode of horrific hyperinflation as a result of Robert Muga…

Jonathan Garber   

Aug 10 2016 15:15 IST

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Inside the lives of the 'Rich Kids of Zimbabwe,' who spend their money on fast cars, island vacations, and private jets

This month, Zimbabwe's longtime leader, Robert Mugabe, was forced to resign after the army a…

Sarah Jacobs   

Nov 27 2017 19:30 IST

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93-year-old Zimbabwe President Robert Mugabe resigned after a military takeover - here's what you need to know about the world's longest-serving leader

Over the past nearly 40 years, the now 93-year-old Mugabe has gone from an African independence her…

Peter Jacobs   

Nov 21 2017 16:48 IST

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Zimbabwe has shut down social media for 7 days straight, prompting claims it is trying to cover up deadly protests that killed at least 12 people

The Ministry of Information blamed the first blackout on Tuesday on internet "congestion," and gove…

Bill Bostock,Bill Bostock   

Jan 21 2019 13:10 IST

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Zimbabwe is paying its citizens $5 for 175 quadrillion Zimbabwe dollars

The process will expunge Zimbabwean notes from the country's banking system, which now includes a c…

Jonathan Garber   

Jun 11 2015 15:50 IST

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At least 600 arrested, dozens wounded as economically shattered Zimbabwe teeters on the edge

US Democratic Sens. Chris Coons of Delaware and Cory Booker of New Jersey, both members of the Sena…

Christian Edwards,Christian E…   

Jan 17 2019 07:25 IST

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A plane has been seized in Zimbabwe after large amounts of cash and a corpse were found on board

Maharaj told the BBC: "The South African Reserve Bank (SARB) is aware of an aircraft carrying a SAR…

Adam Payne,Adam Payne   

Feb 15 2016 17:55 IST

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Mugabe is out of power after 40 years of political and economic chaos in Zimbabwe - here's what could happen next

The first question to be answered is who will take over the government. With the military denying a…

Jonathan Garber   

Nov 15 2017 15:26 IST