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ZIMBABWE
This article features a list of the top 10 African countries where dining out was most expensive in 2025, alongside shifts from their 2024 rankings and additional context.
As Africa continues to emerge as a hub of economic growth and innovation, the continent's wealth landscape is becoming increasingly prominent on the global stage.
Bravura Holdings has announced the completion of the nation’s first world-class lithium upgrade facility.
Zimbabwe to Fine Businesses Not Using New Gold-Backed Currency as government seeks to protect value of new currency.
Zimbabwe’s illegal money changers are back on the streets after a brief hiatus following the launch of a new gold-backed currency in the country. The newly launched gold-backed currency is known as the Zimbabwe Gold (ZIG).
China has written off an undisclosed amount of Zimbabwe’s interest-free loans and pledged to help the country navigate its way out of its current debt crisis. But Zimbabwean activists warn of a permanent debt trap.
Local traders in Zimbabwe stop accepting failing Zimdollars in anticipation of the new gold backed currency
Zimbabwe is sticking to its new gold-backed currency as it started trading in the markets amidst concerns that the new gold-backed currency which represents the third time Zimbabwe would be changing its currency would be efficient in curbing the crippling hyperinflation bouts that have plagued the country over the decades.
Zimbabwe has announced the launch of a new currency, as the country has effectively given up in its effort to salvage the Zimbabwean Dollar. The new currency which will be called ZiG is set to be introduced on April 8, 2024, with an initial exchange rate set at 13.56 per dollar.
The African Development Bank (AFDB) has shown great interest in funding Caledonia Mining Corporation’s planned $250 million gold mine in Zimbabwe.
The Zimbabwean government has stated that about 2.7 million people will go hungry this year in the country as heavy drought causes crops to wither affecting agricultural output.
Zimbabwe is settling a $400 million loan from the African Export-Import Bank with the proceeds of its platinum exports.