The devil of digital currency in details
THE plan by authorities to introduce a gold-backed digital currency has received mixed responses from economic experts.
THE plan by authorities to introduce a gold-backed digital currency has received mixed responses from economic experts.
THE Chamber of Mines says the attainment of Zimbabwe’s target of a US$12 billion mining industry depends on the availability of adequate power.
WILLDALE says it has set its sights on exporting its products to Mozambique and Zambia to boost its foreign currency generation.
The Zimbabwean government is upbeat about the prospects of local horticulture products gaining access to the Chinese market after the signing of a citrus trade protocol between the two countries.
ZIMBABWE’S diamond production increased by 62,2 percent to 1,52 million carats in the fourth quarter of 2022, from 942 000 carats produced in the fourth quarter of 2021, a new…
A LOCAL research firm, Akribos, says transactional dollarisation will likely continue to expand as economic actors try to hedge against currency risk in a high inflationary environment.
PERSISTENT global inflation and tighter monetary policies have led to higher borrowing costs for sub-Saharan African countries and placed greater pressure on exchange rates, the International Monetary Fund (IMF) has…
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