Search results for 'black market'
Zimbabwe
ZiG Currency Conundrum: Government Cracks Down with Iron Fist to Tackle Black Market
Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct
Apr 18, 2024
Zimbabwe
Retailers Urge Government to Abandon Pegged Exchange Rate: Will Government Heed?
The Retailers Association of Zimbabwe (RAZ) has urged the government to abandon the pegged exchange rate system in favor of a market-determined exchange rate, believing this shift could revitalize the
Sep 24, 2024
Zimbabwe
Zimbabwe Limits Forex Withdrawals Abroad to US$2k: What it Means, Implications
The Reserve Bank has taken decisive action to curb capital flight and stabilize the formal economy by reducing the amount of foreign currency individuals can take out of the country from US$10,000 to
Sep 30, 2024
Top Stories
How Zimbabwe’s Poverty Lines Compare With Minimum Wages: Costs Rise as Household Buffers Narrow
Zimbabwe's Food Poverty Line for one person stood at ZWG 921.72 in June 2026, the amount ZimStat calculates as necessary to afford the daily minimum energy intake of 2,100 calories on its confirmed co
19 hours agoHow Zimbabwe’s Inflation Compares With Its Peers: June Uptick Leaves It Below Every SADC Peer
Zimbabwe's annual inflation in US dollar terms rose to 3.1% in June 2026, gaining 0.3 percentage points on May 2026's 2.8%, according to figures released by the Zimbabwe National Statistics Agency. On
21 hours ago
