Safeguard Security Issues Statement on US$4 Million Cash Heist: Highlighting Zimbabwe’s Cash Economy Risks
A recent US$4 million cash heist targeting a Safeguard Security vehicle in Bulawayo has brought renewed attention to the risks
ZiG Backed by Gold, Says Finance Minister Mthuli Ncube Despite Devaluation
When the Zimbabwe Gold (ZiG) was introduced in April 2024, the government touted it as a currency backed by gold
ZiG Devaluation Fallout: Bankers Echo Concerns as Informal Sector Rejects Local Currency
The recent devaluation of Zimbabwe's gold-backed currency, the Zimbabwe Gold (ZiG), continues to send shockwaves through the economy. In a
OK Zimbabwe Escalates Currency Strategy: Some Items Now USD-Only
In a bold move that further illustrates the challenges facing Zimbabwe's formal retail sector, OK Zimbabwe has begun implementing a
FoodWorld Closes Eastgate Branch: Here is why
FoodWorld, one of Zimbabwe's popular retail chains, has announced the closure of its Eastgate branch, marking another significant retreat from
The Case for Larger ZiG Notes: Why Zimbabwe’s Currency Needs Higher Denominations
In the wake of Zimbabwe's recent currency devaluation, the government's reluctance to print larger denomination notes for the Zimbabwe Gold
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