The African Development Bank said Zimbabwe has proposed seeking $2.6 billion in bridge finance to help it clear arrears owed ...

When the government issued a $10 billion note just three weeks ago ... It is a waste of resources to print Zimbabwe dollar notes now. Who accepts a currency that loses value by almost 100 percent ...

The new 100 trillion dollar bill would be worth about $300 in U.S. currency. A loaf of bread in Zimbabwe now costs about 300 billion Zimbabwean dollars -- and like most commodities, the price ...

Zimbabwe ZiG or ZWG, the country's gold-backed currency, remains under pressure as usage stays low, and analysts warning of ...

The payments are the first under a so-called “Global Compensation Deed” signed in 2020 between the State and the former farm ...

The reality of Zimbabwe's economic mismanagement came into sharp focus with the release of a recent World Bank report, revealing a staggering loss of over US$4,5 billion, equivalent to 2,5% ...

Less than six months after Zimbabwe launched yet ... inflation rate was about 79 billion percent. At one point, the RBZ issued a 100 trillion Zimdollar banknote. In 2009 at the height of the ...

The ZiG is the sixth currency Zimbabwe has used since the spectacular 2009 collapse of the Zimbabwe dollar amid hyperinflation of 5 billion percent ... A new “bond note” became legal tender ...

Despite being bolstered by gold and foreign reserves, the local currency has halved in value, while the US dollar continues ...

Finance Minister Mthuli Ncube said Zimbabwe will continue to implement reforms that will durably anchor macroeconomic stability and enable the country to resolve its 21-billion-U.S.-dollar debt.

The payments are the first under a so-called “Global Compensation Deed” signed in 2020 between the state and the former farm owners in which Zimbabwe committed to paying $3.5 billion for ...

Zimbabwe issued treasury bonds worth $308 million (R6.1 billion) and made small cash payments to white ... Following the cash payment the balance is "being paid in US dollar denominated Treasury bonds ...