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The gold-backed Zimbabwe Gold (ZiG), launched in April 2024, is the country’s sixth currency experiment since 2008. Zimbabwe holds Africa’s largest lithium reserves, making it a key participant within the global energy transition, while gold production alone accounts for roughly half of all export income. KEY HIGHLIGHTS Zimbabwe open for enterprise President Mnangagwa invited world traders to companion with Zimbabwe by way of honest and transparent investment. The nation, he said, continues to register progress with regard to…
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How China’s tech and motoring giants grew to become the undisputed backbone of Zimbabwean every day life How the 10-year automobile import ban is revitalising Zimbabwe’s highways and economic system New grain levies proposed as Zim battles climate and food security dangers
Rich in natural resources together with gold, platinum, chrome, diamonds, and lithium, the mining sector generates over 60 per cent of export earnings and underpins the broader economic system. Newest news on Zimbabwe, covering politics, financial system, gold and lithium mining, ZiG foreign money, ZANU-PF, Mnangagwa, elections, human rights, Harare, and Bulawayo. PRESIDENT Mnangagwa continues to walk the discuss in his drive to modernise public health institutions, with Authorities distributing 63 AutoQuant laboratory machines to district hospitals across the nation to boost access to healthcare in rural… PRESIDENT Mnangagwa has declared that Zimbabwe has secured its place within the global worth chain by transitioning from a mere provider of uncooked supplies to a competitive producer of processed goods—marked by the country’s inaugural export of lithium… THE Second Republic’s strategic initiatives to establish a gold-backed foundation for the financial system are producing substantial outcomes, President Mnangagwa has stated.
Annual inflation fell to single digits for the first time in almost three decades in early 2026, and the Reserve Bank of Zimbabwe has launched redesigned higher-denomination banknotes. Economically, Zimbabwe has long grappled with foreign money instability and inflation, rooted within the hyperinflation crisis of 2007–2009 that rendered the unique Zimbabwe greenback nugatory. Zimbabwe is a landlocked southern African nation of over 17 million folks, with its capital Harare and second city Bulawayo serving because the country’s political and financial centres. PRESIDENT Mnangagwa met diplomats accredited to Zimbabwe last week, persevering with a convention that analysts say displays the institutionalisation of the Second Republic’s overseas policy posture centred on openness, dialogue and predictability in… ZIMBABWE has the potential to double its aquaculture trade manufacturing to US$2,37 billion by 2030, if it boosts the sector’s capability and strengthens blue financial system value chains. THE signing of efficiency contracts by Government ministries, departments and companies represents a binding obligation to ship impactful services to ordinary Zimbabweans via accountable, glorious and results-oriented leadership, President…