Search results for 'Currency'
Zimbabwe
Cryptocurrency Failure Raising Doubts About Zim’s Central Digital Currency Provision
Last year they notified us that they will be carrying out consultations and a consumer perception survey. When the survey came, the RBZ said it had to be filled out by the 7th of December. If you miss
Mar 10, 2023
World
Biden's Economic Report Criticizes Cryptocurrencies For Lacking a Fundamental Value
The report made no recommendations for immediate action. Regulators, though, don't require a starting pistol. Some agencies, including the Securities and Exchange Commission, have already begun taking
Mar 24, 2023
Zimbabwe
Most Insignificant Drop for the Zimbabwe Dollar as RBZ Hints of Gold-Backed Currency
Embattled Zimbabwe dollar dropped -2% against the greenback on the latest Auction Market held on 25th April 2023, from ZWL1000.0227 to 2WL1021.2072, the least depreciation since the year commenced. Th
Apr 26, 2023
World
The Struggle of Zimbabwe's Economy: Fighting for Currency Survival and Basic Needs
The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po
May 12, 2023
World
Lithium's Wild Ride: Zimbabwe Lithium Ambitions Disrupted by Volatile Global Markets
As the world grapples with geo-economic fragmentation due to the Middle East's crisis and the Russia-Ukraine War, the future of lithium remains uncertain. Despite the global push for a carbon-free eco
May 29, 2024
Top Stories
Small-Scale Miners Spur Gold Production with 70.2% Surge As Large-Scale Contributions Down 21.6% in January
Gold deliveries in January 2025 saw a significant uptick, rising by 29.2% to 3.1 tonnes compared to 2.4 tonnes in the same period last year, according to the latest data from Fidelity. However, this i
Feb 12, 2025Zimbabwe's Horticulture Sector Slams Increase in Export Surrender Threshold as 'Unfair and Counterproductive’
The Horticulture Development Council (HDC) has strongly criticized the Reserve Bank of Zimbabwe’s (RBZ) recent decision to reduce export retention thresholds from 75% to 70%, as outlined in its Moneta
Feb 11, 2025