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Category: Zimbabwe

  • In Default for 25 Years, Zimbabwe Struggles to Feed Its Citizens

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    Investor Empires

    Bread path links PMN Business Zimbabwe condemns more than $ 21 billion of debt. Now, while the country is struggling with dehydration once in the generation, ordinary people pay the price. The author of the article: Bloomberg News Antony Sguazzzin, Godfrey Marawanyika and Ray Ndlovu It was published on February…

  • Zimbabwe authorities mix charm with force in an attempt to shore up the world’s newest currency

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    Investor Empires

    Breadcrumb links BMN Business Article writer: Associated Press good luck Posted on May 26, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content HARARE, Zimbabwe (AP) — The introduction of the world’s newest currency…

  • Zimbabwe to fine businesses not using official new exchange rate By Reuters

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    bitlyfool

    HARARE (Reuters) – Zimbabwe will impose fines on companies that use inflated exchange rates as the government struggles to preserve the value of its new gold-backed currency, Zimbabwe Gold (ZiG). Any company using an exchange rate higher than the official rate of 13.5 zig per U.S. dollar would be liable…