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

One year after its introduction, Zimbabwe’s gold-backed currency, the ZiG (ZWG), is facing mounting pressure, with financial ...

Source: Manufacturers ditch black market . . . Parallel market premiums drop to around 20pc | The Sunday Mail Business Reporter LOCAL MANUFACTURERS sourced only 3 percent of their foreign currency ...

Sub-Saharan Africa, including Nigeria, will pay $20bn in debt interest in 2025, largely owed to private creditors, World Bank Says.

However, what market players now need is the assurance that US dollars can be reliably generated and accessed through formal ...

The World Bank has said that Nigeria and other countries in Sub-saharan Africa will pay a total of $20 billion as interests on debts to their external creditors, three-quarters of which is owed to ...

Financial markets around the world have faced significant upheaval this year, impacting not only stock markets but also the ...

Gabriele Steinhauser is The Wall Street Journal’s Southeast Asia bureau chief. Before that, she covered sub-Saharan Africa for eight years, most recently as the Journal’s Africa bureau chief. Based in ...

Local manufacturers have sharply reduced their reliance on Zimbabwe’s parallel market, with only 3 percent of their foreign ...

In most emerging and least developed countries, decolonisation is not yet complete. It is “Not Yet Uhuru!” The economies of ...

Breaking news.  Prof Mthuli Ncube Wallace Ruzvidzo Herald Reporter THE International Monetary Fund (IMF) and the World Bank ...

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