RESERVE Bank of Zimbabwe (RBZ) deputy governor Innocent Matshe says the Zimbabwe Gold (ZiG) will be indefinitely backed as the central bank seeks to shore confidence in the currency ahead of the ...

The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce newly designed ZWG notes, effectively phasing out the old ...

Zimbabwe is grappling with a profound economic crisis marked by escalating wage inequality and a significant decline in ...

Spread This News This article was originally published by Global Press Journal. By Gamuchirai Masiyiwa, GPJ Zimbabwe HARARE, ZIMBABWE — With the price of gold up globally, the Reserve Bank of Zimbabwe ...

The annual inflation rate held steady in July as President Donald Trump's tariffs had less of an impact on some consumer prices than forecasters expected, but the details had a few devils as the key ...

Discover the top 10 countries with the highest inflation rates in 2025, based on Consumer Price Index (CPI). Learn what’s ...

Zimbabwe was once one of Africa’s most promising nations,dubbed the “breadbasket of Africa” for its fertile lands and thriving agriculture. But today, it’s known for one of the worst economic ...

Global inflation paints a fractured economic picture, with Venezuela experiencing a staggering 400% inflation rate, followed by Zimbabwe and Argentina. These nations grapple with political instability ...

And yet Zimbabwe's inflation has soared to its highest level in a decade, hitting an annual 175% in June.

Zimbabwe's Finance Minister Mthuli Ncube seems to be doing everything by the book as he pursues orthodox economic policy often prescribed by the global "Bretton Woods" lending institutions to try ...

HARARE, Zimbabwe (CNN) -- Zimbabwe's central bank will introduce a $50 billion note -- enough to buy just two loaves of bread -- as a way of fighting cash shortages amid spiraling inflation.