Tag: Zimbabwe

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Zimbabwe gold output declines 15% amid electricity, forex shortages

Zimbabwe gold output declines 15% amid electricity, forex shortages

Zimbabwe produced 30 metric tons of gold in 2023, 15% less than the previous year, official data showed on Monday, as electricity cuts and currency vo [...]
Zimbabwe turns gold-backed digital token into payment method

Zimbabwe turns gold-backed digital token into payment method

On Oct. 5, the gold-backed digital token under the name Zimbabwe Gold (ZiG) officially kicked off as a payment method. The launch was announced by the [...]
Zimbabwe central bank close to introducing gold-backed digital tokens into retail

Zimbabwe central bank close to introducing gold-backed digital tokens into retail

The Reserve Bank of Zimbabwe (RBZ) expects to launch its gold-backed digital token (GBDT) for retail use soon, the RBZ has stated. This follows the to [...]
Zimbabwe police raid illegal forex dealers, retrieve 11 POS machines

Zimbabwe police raid illegal forex dealers, retrieve 11 POS machines

POLICE in Bulawayo have raided illegal foreign currency dealers and arrested six suspect [...]
Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning

Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning

The Reserve Bank of Zimbabwe has sold 14 billion Zimbabwe Dollars’ worth of gold-backed digital tokens worth around $39 million despite a warning from [...]
Zimbabwe parents cry foul over forex fees

Zimbabwe parents cry foul over forex fees

SCHOOLS open for the second term of the year today amid high hopes of smooth learning wh [...]
Zimbabwe sets price to sell gold-backed digital tokens

Zimbabwe sets price to sell gold-backed digital tokens

Zimbabwe's central bank has set a price for its gold-backed digital tokens. The country is planning to sell its gold-backed digital currency to invest [...]
The Reserve Bank of Zimbabwe Encourages Citizens to Subscribe to its Gold-Backed Digital Currency

The Reserve Bank of Zimbabwe Encourages Citizens to Subscribe to its Gold-Backed Digital Currency

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and informatio [...]
The Reserve Bank of Zimbabwe to Introduce Gold Backed Digital Currency: The Sunday Mail

The Reserve Bank of Zimbabwe to Introduce Gold Backed Digital Currency: The Sunday Mail

The tokens will be a form of electronic money backed by the country's gold reserves, which will be held by the central bank. RBZ wants people holding [...]
Zimbabwe Dollar Official Rate 22 February 2023 ⋆ Pindula News

Zimbabwe Dollar Official Rate 22 February 2023 ⋆ Pindula News

The Zimbabwe dollar lost further ground against the US dollar at the foreign currency auction conducted by the Reserve Bank of Zimbabwe (RBZ) on 2 [...]
Facing forex shortage, Zimbabwe black market traders patch up soiled dollar notes

Facing forex shortage, Zimbabwe black market traders patch up soiled dollar notes

HARARE, Jan 25 (Reuters) - Zimbabwean black market currency trader Cuthbert Gudza holds up a $2 dollar note to assess a tear in it, a [...]
Zimbabwe Dollar Official Rate As Of 10 January 2023 – Pindula News

Zimbabwe Dollar Official Rate As Of 10 January 2023 – Pindula News

The Zimbabwe dollar depreciated against the US dollar at the foreign currency auction conducted by the Reserve Bank of Zimbabwe (RBZ) today, 10 [...]
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