or Zimbabwe Gold, which was hyped as a stabiliser amid the country’s long-running currency and economic crisis. But in late September, authorities slashed the value of the new gold-backed ...

Unlike floating exchange rates, a peg provides predictability. Businesses can plan, importers and exporters can price more ...

Explore why the Zimbabwe ZiG currency faces a grim future as its demand among businesses and residents plummet.

For over four decades since our hard-won independence, Zimbabwe has been trapped in cycles of political contestation, ...

In 2008, a hyperinflation crisis destroyed Zimbabwe’s currency. The embattled African nation appears to be heading down the same route once again, but this time, there’s no light at the end of the ...

Zimbabwe will introduce a $1 million note this week as the country tries to ease the effects of hyperinflation, the country's central bank said Monday. In August, the highest note in the once ...

But over the past two years, the country has slashed zeros from the amount of its worthless currency ... economies, Zimbabwe is reeling under its worst humanitarian and economic crisis.

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Across Africa, the currency crisis is becoming endemic. The problem is profound in countries like South Africa, Nigeria, Egypt, Kenya, Ghana, Zambia, Ethiopia and Zimbabwe. In Egypt, for instance, the ...

"What we are seeing has the potential to be a national and regional security threat," Blessing Vava, executive director of the Crisis in Zimbabwe Coalition, told DW. The coalition brings together ...

snacks and some pasta among several grocery items spread on the tarmac of a car parking space — an unorthodox night bazaar lit by cellphone flashlights and fluorescent lamps in Zimbabwe's ...