Zimbabwe’s gold-backed currency, which was devalued by 43% by the central bank on Sept. 27, remained under pressure on Monday ...

Bilboes Holdings was established in the 1980s by Amzim as its operating vehicle for the Bilboes project. Its parent, Bilboes ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ...

Zimbabwe's month-on-month inflation rate accelerated to 5.8% in September, a sharp rise from 1.4% in August, according to the ...

In April, Zimbabwe introduced a gold-backed currency in an effort to stabilize the country’s financial system. Less than six ...

The world is in a rush to find and develop reserves of lithium, dubbed the "white gold" for being a key component in ...

He seems to forget that Scarfmore already tried that in 2019 through Statutory Instrument 142 which banned the use of the ...

Zimbabwe is said to have devalued its new gold-backed ZiG currency by 44% against the U.S. dollar, Bloomberg News reported on Friday, citing four treasury dealers. ZiG, which stands for Zimbabwe Gold ...

Zimbabwe's central bank allowed the local gold-backed currency to fall over 40% against the dollar on Friday and hiked its ...

Zimbabwe's gold-backed ZiG currency fell more than 40% against the U.S. dollar on the interbank market from Thursday to ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40 per cent against the US dollar, indicating that the ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ditch effort to stabilise the country's volatile economy, is in trouble.